Acclaro managing director Sunil Shah explained: "ENGIE has made concerted efforts in 2016 to raise its performance against the SFMI
According to the judges, the only motivation for the Commission's decision was a 'very general explanation of the method followed by the Commission for assessing the costs and of the final result obtained, without however allocating with the necessary precision the various costs of La Poste incurred in providing the logistical and commercial assistance to SFMI Chronopost and the fixed costs arising from use of the postal network, and without specifying the return on the capital investment'.
The CFI also found that the Commission had erred in law in considering that the free transfer of Postadex, La Poste's express postal service, to SFMI Chronopost, did not constitute state aid because there was no cash benefit, with the judges ruling instead that the 'transferred client base amounted to an intangible asset which had an economic value'.
Pierre Quilliam, CEO of SFMI
, states, "We would like to thank the producers of 'NEW TO THE STREET' for developing an informative show about our mining operations.
With 3Com XRN's virtual network environment, SFMI benefits from increased scalability as multiple physical ports can be virtualized to provide higher bandwidth.
The 10/100 switch with multiple Gigabit links and high-availability features is designed for enterprises such as SFMI that run network applications requiring "five 9s" network uptime.
SFMI has maintained strong capitalization with the highest solvency position amongst all Korean non-life companies over the past few years.
As the most dominant player in the Korean non-life insurance industry, SFMI expanded its overall market share to 31.