the act of consolidating power under a central control
- Financial centralisation.
- Centralisation of ‘Railbarge’ traffic on one terminal, and a perceptible increase in volumes.
- The Belgian authorities state that the centralisation of the coordination functions makes the central services more efficient.
- jointly placing goods on the market, including preparation for sale, the centralisation of sales and supply to bulk buyers; and
- As part of the financial centralisation, ABX introduced a mechanism for pooling the cash of all the companies in the group.
- In the costs of restructuring, Belgium includes, under the heading ‘investments in financial assets’, inter-group transfers linked to the centralisation of the Belgian shareholdings in the group.
- Financial centralisation. The team for the financial management of the group's headquarters was strengthened so as to centralise this function within the group.
- Centralisation of ‘Railbarge’ traffic on one terminal, and a perceptible increase in volumes. The centralisation of ‘Railbarge’ traffic allows optimisation of the operational model, and an increase in revenue, as handling undertaken there up till then by third parties could be integrated into the group.
- The centralisation of ‘Railbarge’ traffic allows optimisation of the operational model, and an increase in revenue, as handling undertaken there up till then by third parties could be integrated into the group.
- To stabilise markets and ensure reasonable prices for supplies to consumers, centralisation of supply and the joint adaptation by growers of their produce to the requirements of the market should be encouraged.
- Centralisation of the Registry and revision of its powers, and rules on exchanges of submissions between parties, are designed to ensure greater efficiency in the handling of cases by the Boards of Appeal.
- The factors that make coordination on supply more likely after the transaction than it was in the past are (i) the centralisation of capacity decisions in ETC, (ii) the structural link of ETC, and (iii) increased scope for information exchange.
- To achieve an effective centralisation of supply, it is necessary in particular that the groups should be of an economically viable size and that the entire output of producers should be marketed either directly by the group or by the producers, according to common rules.
- As part of the financial centralisation, ABX introduced a mechanism for pooling the cash of all the companies in the group. This cash pooling led the ABX group in January 2001 to open, with a guarantee from SNCB, a single cash credit line for a maximum amount of EUR [...] million at a financial establishment.
- The increase in the number of working days per annum led to a cost reduction of around EUR 0,6 million per annum; the centralisation of the administrative and commercial services in Berchem led to a cost reduction of around EUR 0,2 million per annum, and the reduction of up to 35 FTE led to a cost reduction of EUR 1,75 million per annum.