Magyar Posta forecasts Eur 14.38m loss
As Hungarian state-owned postal operator Magyar Posta RT finalises its 2002 business plan, it has announced an anticipated loss on its Eur 493m revenue.
Read MoreAuthor: Archive
Mediterranean Postal Co-operations
Correos y Telegrafos, CTT Correios de Portugal, Poste Italiane and Hellenic Post ELTA have signed an agreement to co-operate in improving the development and management of their postal services.
Read MoreTurnover up but profits down for Islandpostur
Despite a year on year 3.4% rise in turnover to Eur 50.8m, Icelands Islandpostur recorded a Eur 2.1m operating loss in the first quarter of 2002.
Read MoreCanadian, Israeli postal services and TPG seek to invest in Bulgarian Post
While the Bulgarian government deliberates over operating Bulgarian Posts as a concession or a joint venture, Canadian, Dutch and Israeli postal services have already expressed a keen interest to invest.
Read MoreCTT Correios de Portugal invests to grow
An annual investment of Eur 72m until 2004 will assist CTT Correios to impove its services and develop activities.
Read MoreNational postal strike threat moves closer
Dates have been set for a vote by postal workers whether take strike action for the first time in 30 years.
The Communication Workers Union’s 180,00 members will start voting on August 27, with the result due on September 12.
The union claims the employment conditions of 7,000 cleaners and engineers due to transfer from Consignia to a joint venture with Balfour Beatty will worsen.
Comments from the Radio 4 interview with Allan Leighton
Comments from the Radio 4 interview with Allan Leighton
Read MoreIrish mail delivery may be disrupted
Industrial action threatens to disrupt mail delivery throughout the country next month and may mean that literature relating to the Nice Treaty does not reach voters.
The action, due to begin on August 19th, is being taken by the Irish Postmasters’ Union which represents 600 members in sub-post offices throughout the Republic.
According to Mr John Kane, general secretary of the union, there are two main reasons for the dispute. The first relates to delays by An Post management in dealing with grievances raised by the union. In some cases union members had to wait six to 18 months for problems to be dealt with. The other issue concerns what he says is insufficient pay for much of the work done in the sub-offices.
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