Monkey Rock Group Inc - MKRO STOCK NEWS

Welcome to our dedicated page for Monkey Rock Group news (Ticker: MKRO), a resource for investors and traders seeking the latest updates and insights on Monkey Rock Group stock.

Monkey Rock Group Inc. (MKRO), acquired by GE Holding SPA, is an international operating subsidiary focusing on logistics and transportation services. With over 1,900 employees and a strategic acquisition campaign, MKRO aims to consolidate and expand its operations in Europe and internationally. As part of GE Holding S.R.L., MKRO is positioned for significant growth in the logistics industry, leveraging digitalization, automation, cloud computing, and sustainability practices to enhance operational efficiency and customer satisfaction.

07/30/2024 09:53 AM

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Monkey Rock Group, Inc. Announces its 2nd and 3rd Acquisitions from its Targeted Business Plan for Global Presence and Enhanced Business Strategy with Annual Revenues In Excess of Fifty Million USD

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Monkey Rock Group Inc. (OTC Pink: MKRO) has announced its 2nd and 3rd acquisitions through its subsidiary Global United Logistic. The company has signed contracts to acquire 100% stakes in FGL GLOBAL LOGISTICA LTDA and C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA, two Brazilian logistics firms. These acquisitions are expected to generate approximately €56 million in revenue with an EBITDA of 34.1%.

The strategic goal of these acquisitions is to enhance production processes through digitalization and promote ecological transition in logistics. MKRO aims to establish a global presence and implement a green, zero-emission approach to traditional logistics and transportation. These moves align with Monkey Rock's targeted business plan for global expansion and an enhanced business strategy.

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07/15/2024 10:04 AM

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Monkey Rock Group, Inc. Initiates First Acquisition to Enhance Business Strategy

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Monkey Rock Group Inc. (OTC Pink: MKRO) has initiated its first acquisition, signing an agreement to purchase a 50% stake in Sviluppo Dati S.r.l., an Italian firm specializing in payroll processing and accounting for logistics companies. This acquisition includes control over Sviluppo Dati's subsidiaries, Global United Logistic and Global United Logistic Iberia, which focus on petrochemical product shipment and generate approximately €7 million in revenue and €430,000 in annual EBIT.

The strategic move aims to enhance production processes through digitalization and promote ecological transition in logistics and transportation. This transaction marks Monkey Rock's establishment of an independent identity and sets the foundation for anticipated global acquisitions in the current calendar year.

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04/22/2024 08:43 AM

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Corporate Update from the President of Monkey Rock Group, Inc

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Monkey Rock Group, Inc. announces a Corporate Update, reporting over $290 million USD in revenues and outlining strategies for growth and innovation in the logistics sector. The company plans to focus on digitalization, automation, cloud computing, cybersecurity, innovation, sustainability, collaboration, customer focus, employee training, and strategic partnerships to drive success in 2024. Additionally, Monkey Rock Group is pursuing joint ventures with technology and sustainable energy firms to revolutionize supply chain management and pioneer eco-friendly transportation solutions.

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01/31/2024 09:34 AM

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Monkey Rock Group Inc., Corporate Update on the Annual Period for 2023

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Monkey Rock Group, Inc. (MKRO) has been acquired by GE Holding S.R.L., a leader in the international transportation industry, with plans for strategic growth and expansion. The company is set to release an annual report with consolidated revenues exceeding $285,000,000 USD and is reviewing plans for 2024, including potential expansion into the United States and strategic acquisitions. Additionally, the company aims to reduce common stock, return to fully reporting status, and raise capital for mergers and acquisitions, with the goal of moving to OTCQX, OTCQB, or NASDAQ within the next 24 months.

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10/12/2023 10:32 AM

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GE Holding SPA Acquires Majority Control of Monkey Rock Group, Inc.

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GE Holding SPA acquires 197.6 million shares of Monkey Rock Group Inc.

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FAQ

What is the current stock price of Monkey Rock Group (MKRO)?

The current stock price of Monkey Rock Group (MKRO) is $0.0068 as of February 7, 2025.

What is the market cap of Monkey Rock Group (MKRO)?

The market cap of Monkey Rock Group (MKRO) is approximately 2.4M.

What is Monkey Rock Group Inc. (MKRO) known for?

MKRO is a logistics and transportation company focusing on international operations and strategic acquisitions.

Who acquired Monkey Rock Group Inc. (MKRO)?

GE Holding SPA, an Italian company, acquired MKRO.

How many employees does Monkey Rock Group Inc. (MKRO) have?

MKRO has over 1,900 employees.

What is MKRO's growth strategy?

MKRO aims to consolidate and expand its operations through strategic acquisitions and partnerships.

What are the key focus areas for MKRO's growth?

MKRO focuses on digitalization, automation, cloud computing, and sustainability practices.

What is the vision of MKRO's President, Giuseppe Esposito, for 2024?

Giuseppe Esposito aims for MKRO to become a successful public company in the US and Europe by implementing strategies to address current and future challenges in the logistics industry.

What is MKRO's annual revenue reported in the latest financial statement?

MKRO reported over $290,000,000 USD in revenues in the latest financial statement.

How does MKRO plan to achieve sustainable growth?

MKRO plans to leverage strategic partnerships, including with technology and sustainable energy companies, to drive eco-friendly transportation solutions and reduce carbon emissions.

What are the core objectives of MKRO's project for 2024?

MKRO aims to consolidate companies within the logistics sector, forge strategic alliances, diversify service offerings, and achieve zero emissions by 2027.

How does MKRO plan to streamline operations and enhance efficiency?

MKRO plans to utilize real-time data analytics, predictive modeling, and advanced automated decision-making capabilities to streamline operations and optimize routes.

What sets MKRO apart in the logistics industry?

MKRO stands out in the logistics industry for its focus on innovation, sustainability, strategic partnerships, and customer-centric approach.

What is MKRO's long-term strategy for environmental sustainability?

MKRO aims to achieve zero emissions by 2027 through investments in electric vehicles, renewable energy infrastructure, and eco-friendly transportation solutions.

What are the key trends impacting MKRO's industry presence in 2024?

Key trends impacting MKRO's industry presence in 2024 include digitalization, automation, cloud computing, cybersecurity, sustainability, and strategic collaborations.

How does MKRO plan to adapt to the evolving logistics landscape in 2024?

MKRO plans to implement strategies addressing digitization, workforce shortages, cybersecurity, and sustainability to ensure resilience and competitiveness in the logistics industry.

What is the partnership between MKRO and AFFINAONE Srl?

MKRO is in negotiations for a strategic partnership with AFFINAONE Srl, a leading technology firm specializing in business consulting, project management, and IT solutions, to revolutionize supply chain management processes.

What is the focus of MKRO's partnership with NGV POWERTRAIN Srl?

MKRO is collaborating with NGV POWERTRAIN Srl, a sustainable energy company, to pioneer eco-friendly transportation solutions and address global environmental concerns in the transportation sector.

How will MKRO leverage joint ventures to drive growth and innovation?

MKRO aims to diversify its service portfolio and enter new sectors through collaborations with industry specialists, offering end-to-end logistics solutions tailored to different industries and markets.