(Alliance News) - Circle Spa announced Tuesday that it has signed a contract with a new Mediterranean port concerning Port Community Services.

The project, worth more than EUR130,000, has a duration of six months and "constitutes a further step in the Connect 4 Agile Growth strategic path that includes the expansion of geographic coverage as one of the cornerstones of the group's development strategy," the company's note reads.

"We are thrilled with the trust placed in us by yet another important port logistics hub in the Mediterranean region. Thanks to the services defined, port and logistics users will have at their disposal an advanced tool for the digitization of operations, the monitoring of multimodal traffic arriving and departing from the port, the dematerialization of information flows, and the integrated management of the customs component," is the comment of Luca Abatello, CEO & chairman of Circle Group.

Circle's stock closed Tuesday at a par at EUR6.30 per share.

By Chiara Bruschi, Alliance News reporter

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