Edenred : Legal proceedings launched in Italy alleging fraud in the public sector
>Update on how Consips work in Italy, on our understanding - In Italy, the granting of meal voucher markets in public sector bid tenders (civil servants) is managed by Consips, via units grouping the Italian regions. Consips grant up to 18 units to various meal voucher issuers for contracts of 2-3 years. There are two rules in particular: 1/ an issuer cannot be awarded more than 4 units for one Consip; 2/ price discounts for customers cannot exceed merchant fees, in o...Edenred designs and delivers services to clients, companies or public sectors, enabling them to offer beneficiaries additional purpose-directed purchasing power, such as the Ticket Restaurant® meal voucher, and provides prepaid corporate services. Co.'s product offering ensures that allocated funds are used as intended, allowing its clients to manage: Employee benefits (Ticket Restaurant®, Ticket Alimentacion®, Ticket CESU, Childcare Vouchers®, etc.); Expense management process (Ticket Car®, Ticket Clean way®, Repom®, etc.); and Incentive and rewards programs (Ticket Compliments®, Ticket Kadeos®, etc.). Co. also supports public institutions in managing their social benefits programs.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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