Tag: Czech Republic

IT Ministry proposes further limits on Czech postal service’s monopoly

Ceska posta, the Czech postal service, could lose its exclusive position delivering post weighing more than 50 grams as of January 2006, according a proposal sent by the IT Ministry to the government.

CP had a monopoly on post weighing less than 350 grams through the end of April 2004. “With the country’s entry to the European Union in May, this limit was moved to 100 grams,” says IT Ministry spokeswoman Klara Volna, adding that post lighter than 100 grams but costing over CZK 19 is exempt from the ban.

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Payment Channel Strategies for Accession Posts

Payment Channel Strategies for Accession Posts: _x000b_Perspectives, Challenges, Opportunities
Postal Strategies in the New Europe of 25
BvDP Conference in association with Arthur D. Little
13/14TH May 2004 Vienna
Presentation by Tim Walsh, Pitney Bowes
P:LibraryPostalPBowes T Walsh pres Payment Channel Strategies for Accession Posts May 04.ppt

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Ceska posta 2003 profit up at Kc916m

Ceska posta, the Czech Post Office, raised gross profits by 76 per cent to Kc916 million in 2003 from Kc520 million a year earlier, spokesman Ladislav Vancura told CTK today.

The growth was due to higher prices, a bigger volume of commercial services and lower costs, he added. Revenues rose by almost two per cent to Kc15.9 billion.

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Slovak Post Office sees net profit down to Sk96m in 2003

State-run Slovenska posta, the monopoly provider of postal services in Slovakia, netted Sk96m last year, compared with Sk169.75m in 2002, but its revenues grew by Sk734m to Sk6.76bn, according to results that the company released at todays press conference.

A change in the accounting method in harmony with an amended law on accounting made revenues rise by Sk200.93m last year. The bottom line was not affected by this because costs were raised by the same amount.

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EU Enlargement – Mixed feelings about end of trade barriers

Transport companies operating in central and eastern Europe are looking forward to a boom in business as their countries join the EU. However, some are concerned about international competition, writes Paul Sandle
On 1 May the centre of gravity of the EU will shift east as 10 countries, mainly former communist states in eastern Europe, join the club.

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