De Financieel Ekonomische Tijd – Belgium, Nov 14, 2001
Belgian Post Group (BPG) wants to close over a third of the 1,350 post offices in Belgium, as they are unprofitable. The social consequences will be limited as the operation will be spread over five years and part of the staff will be transferred to the new-style post offices which will be opened from May 2002.
A limited number of the 400 offices to be closed may still be saved via agreements with the local authorities. Under the terms of these agreements, councils would pay the rent of post office buildings while BPG would supply the staff.
Abstracted from De Financieel-Economische – Tijd
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Source: De Financieel Ekonomische Tijd