Roundtable meeting“on the strategic reorientation of Austrian Post calls for a postal market law in H1 2009
No mandatory redundancies in 2009. Service guarantee for all existing post office locations.
No mandatory redundancies in 2009. Service guarantee for all existing post office locations.
The necessary strategic reorientation of Austrian Post was the focal point of a “roundtable meeting” convened on November 19, 2008, by Minister of Finance Wilhelm Molterer and attended by Transport Minister Werner Feymann. In addition to other key political decision makers, the roundtable session also included representative of the workers’ council and the entire Management Board of Austrian Post.
Austrian Post presented its concept of an offensive business strategy to the participants of the roundtable discussion, aiming to generate a considerable growth in revenue by the year 2010.
In the Mail Division, this offensive strategy is based on:
– New direct marketing solutions, multi-channel dialogue marketing and cooperative advertising
– Sales and marketing companies abroad
– Address management, geomarketing, document printing / the digitalisation of in-house mail rooms
In the Parcel & Logistics Division:
– Comprehensive and nationwide combined freight services in Europe
– Private parcel delivery under the brand name Post.at in the CEE region
– Temperature-controlled pharmaceutical logistics
In the Branch Network Division:
– Financial service promotion together with PSK BANK
– Mobile financial consultants
– SME service campaign
This strategic concept ensures that the three main goals in respect to providing reliable and uninterrupted service will be achieved:
1. Continuation of nationwide postal services for the Austrian population
2. Preserving the shareholder value of Austrian Post (of which EUR 1 billion belong to Austrian investors)
3. There will be no mandatory redundancies in the year 2009, but any reduction in the number of employees will be based on exploiting the existing potential from retirements, high fluctuation and a workers’ social plan established with trade union consent which is valid from August 2008 to the end of 2009.
The specific implementation of these measures is to be included in the company’s budget for each respective financial year, in accordance with the legal and regulatory framework. Thus the measures to be carried out in the course of 2009 will have to be approved at the next meeting of the Supervisory Board on December 11, 2008.
