The list of 700 Austrian post offices to be closed out of the 2,300 currently in operation has now been fixed. The staff affected were informed by letter last weekend, and the employees were also invited to hold talks with Osterreichische Post, the post office operator, this week.
Read MoreAccording to CEP News, “the Austrian Österreichische Post AG is preparing for its partition into five independent companies, possible a prelude to a (partial) takeover by another company group. Deutsche Post AG is considered a hot candidate, according to the daily ‘Die Presse.’ The five companies would deal with letters, courier-express-parcels, bulk mail, media post (i.e. newspaper distribution) and post office counters. The restructuring is to take place in three steps and to be completed by the beginning of 2003.”
Read MoreMarketing Week has noted that Osterreichische Post AG, the Austrian post office, has unveiled a new store format called Post.at. In addition to traditional postal services, the outlet offers a range of up to 1,000 office and stationery products, books and CDs. Four Post.at outlets are currently operating, the latest of which opened in Vienna last week.
Read MoreOnly expecting to break even this year, Austria (Osterreichische) Post has declared earnings of more than Euro17 million, a product of modernisation and reorganisation.
Read MoreDutch postal, express and logistics company TPG NV said on Thursday it had formed a mail delivery joint-venture, named Redmail, with unlisted Austrian publishing group Styria Medien AG
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