CIRCLE Group announces a new contract in digitization of a Mediterranean port, which has also a custom validity

Circle S.p.A. (“CIRCLE” or the “Company”) - Innovative SME listed on the Euronext Growth Milan market at the head of the Group of the same name specializing in the process, analysis and the development of solutions for the digitization of the port and intermodal logistics sectors and in international consultancy on the Green Deal and energy transition issues, announces that has signed an agreement with a Mediterranean port for Free Zone's also customs-valued digitization and related federated services PCS SERVICES.

The agreement, worth about 100,000 Euro, will last 12 months and aims to complete digitization of the Free Zone and the evolution of interoperability services with port stakeholders. The project is structured in several progressive phases involving the adaptation and configuration of the various software modules.

Activities include analysis, involvement of authorities and stakeholders, design and software releases. Related port digitization offers numerous benefits, including simplification of operational and customs operations, improved compliance with EU regulations, increased interoperability with stakeholders, and an important efficiency base for port competitive advantage.

Luca Abatello, CEO of Circle Group, commented: “This project is another important step for the industry, we are charting step by step the new paradigm in logistics management and for the digitization of port systems, improving efficiency and collaboration between different platforms and stakeholders. Through the implementation of these new technologies, we expect greater transparency and optimization of resources, while generating significant cost savings. We are confident that this additional initiative will create new opportunities for growth and development; as we look to the future, we continue to work toward realizing a common vision of progress and sustainability.”