CityMail Sweden Plans Expansion

Mats Forbesberg, CEO, CityMail said the company plans to expand its network to ten additional cities including Uppsala, Västerås, Eskilstuna and parts of Tierp by April 2008.

The postal operator plans to increase its service to 60 pct of businesses and households in these areas within the next two to three years, and anticipates creation of 500 new jobs as a result of new business. Forbesberg said reasons for the growth include higher demands from its customers. CityMail currently has a market share of up to 40 pct in larger cities.

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