Korea Post and TPG join forces in strategic co-operation

The Postal Service of the Republic of Korea (Korea Post) and mail, express
and logistics company TPG N.V. today announced that they have signed a
Memorandum of Understanding (MOU) that will provide the foundation for a
broad strategic co-operation. This builds upon the successful partnership in
international express between Korea Post and TPG that was entered into in
2001.

Mr. Koo, President of Korea Post, led his delegation on a visit to the head
office of TPG in the Netherlands, upon invitation of Mr. Bakker, CEO of TPG.
During the visit, Mr. Koo and Mr. Bakker signed a MOU that included an
agreement to set up immediately a task force to explore potential areas of
mutually beneficial co-operation in the areas of mail and express.

With a background of successful past co-operation between Korea Post and
TPG, the two companies have laid solid foundations to expand their co-
operation and to build closer ties, as well as to initiate joint efforts in exploring
global markets. By benefiting from synergies and mutual strengths, Korea
Post and TPG will be able to further improve both parties’ services to their
Korean and global clients.

Notes to the editor:

TPG N.V., with its two brands TNT and Royal TPG Post, is a global provider of
mail, express and logistics services. The group employs over 161,000 people
in 62 countries and serves over 200 countries. For 2002 the company reported
sales of € 11.7 billion, an increase of 5% over the previous year. In the first half
of 2003 sales have grown by 1%. TPG N.V. is publicly listed on the stock
exchanges of Amsterdam, New York, London and Frankfurt.

For further information, please contact (not for publication):

Tony Danby,
Senior Press Officer
TPG Media Relations
Tel: + 31 20 500 6426
Mobile: +31 6 233 083 32
E-mail: [email protected]

Jon Downing
Director Investor Relations
Tel: +31 (0)20 500 6241

Emilie de Weert
Manager Investor Relations
Tel: +31 (0)20 500 6242

Relevant Directory Listings

Listing image

FOXPOST

Leading logtech company, transforming last-mile delivery and reducing the industry’s carbon footprint through parcel locker technology. Offering the best turn-key solution on the market to companies aiming to increase last-mile efficiency. Cut the learning curve and save millions of Euros using our market-ready know-how. Cutting-edge […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This