Author: Archive

Postmen get cold feet on penny stamp rise

CONSIGNIA, formerly known as the Post Office, yesterday suspended plans to increase the price of first and second class stamps by a penny each, after the postal regulator made it clear that it would not approve the increase.

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Hungary: Government gives Postabank's state-owned shares to Post Office

The Hungarian Post Office has welcomed the government decision that 100 per cent of the state-owned shares of Postabank [a large retail bank formerly in difficult position before it was consolidated from large state funds under the current government] will be given to the Hungarian Post Office, the
director-general has said. He said the aim of this decision was turn Postabank into a real people’s bank.

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DHL Germany fears losing market share

German express mail service DHL International Germany fears that it will lose market share as a result of an aggressive pricing policy by its competitors. According to the company, many offers do not cover the costs

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