UPS to invest $1.06 billion in Europe: Wirtschaftswoche

Discussion in 'The Latest UPS Headlines' started by cheryl, Apr 13, 2015.

  1. cheryl

    cheryl I started this. Staff Member

    UPS to invest $1.06 billion in Europe: Wirtschaftswoche - Reuters

    United Parcel Service Inc. (UPS.N) plans to invest 1 billion euros ($1.06 billion) in Europe to expand its package delivery network, German magazine Wirtschaftswoche reported on Sunday, without citing its sources.

    "We will strongly expand our network in Germany and the rest of Europe," the magazine quoted UPS Germany chief Frank Sportolari as saying in the article, adding the number of parcel shops and sorting centers would rise with the investment.
     
  2. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Good time to spend money over there. The euro is way down.