La Poste, the French state mail monopoly, said Thursday exceptional costs and higher energy prices caused a significant drop in profits in 2000. La Poste reported net profit of EUR139.2 million in 2000, down 51% from EUR283.6 million in 1999
Read MoreInternational comparison of postal markets for Germany, France, The Netherlands and Sweden.
Read MoreAutoLogic to boost position through acquisitions
Read MoreThe Labour government is in a fine old mess over privatisations.
It likes the cash they raise, prefers private sector management and is only
too happy to take future investment off the books of the Exchequer.
March 28, 2001 — The German government has decided to extend Deutsche Post AG’s lucrative domestic letter monopoly by five years through the end of 2007, waiting until European Union regulations for postal markets are established. The monopoly on the delivery of letters and catalogues was scheduled to run out at the end of 2002. According to government spokesman Uwe-Karsten Heye, however, Germany wanted to wait for European-wide legislation on the postal markets before allowing Germany to open up.
Read MoreAuologic to acquire,40%of CAT from Renault in consortium with Wallenius Lines and TNT with Renault retaining a 20% stake – cost £47.6m. Also to buy substantially all of Axial from Tibbett & Britten for £74.5m – £59.5m in cash balnce in new Autologic shares. To be financed by Rights Issue of 1 for 2 at £4/share to raise £51m.
Read MoreRenault sells Logistics arm for €467.4 mln to Autologic and others
Read MoreDanzas Iberica, the Spanish transport company, recorded a turnover of 188.08m euros (Pta31.294bn) in the year 2000, a 20.2 per cent increase on the previous year, according to managing director Felipe Corcuera
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