GeoPost has continued its expandion across the Balkans by launching its DPD road express network in Bosnia Herzegovina through a joint venture with Austrian dcompany Lagermax. The company is now also opoerational in Bulgaria thanks to a jv between its Turkish arm, GeoPost Yurtici Kargo Servisi, and local courier City Express.
Read MoreJean-Paul Bailly said that DPD were currently number three in Europe but were coming up fast on TNT. I assume he meant in sales.
He also added that basically the DPD network was running at plus thirteen per cent 2003 against 2002 and the first quarter of 2004 was plus eleven per cent. He commented that the UK was doing particularly well.
Both rumours and news about mergers and acquisitions in the European postal market are increasing to the point where it becomes legitimate to ask oneself:
Where this potential concentration process might lead to? As a matter of fact, several large operators are presently trying to buy shares of, or even entire operators, so as to prepare themselves for the total liberalisation of the market. This evolution may well jeopardize the benefits which could be expected from the liberalisation process in Europe, as market entry barriers grow and competition decreases.
GeoPost acquired the Lithuanian high-capacity CEP service provider Baltic Logistic System on 1 September. The latter operates under the DPD/Bizpak brand. The partnership will assume a concrete form this month with the opening of a DPD distribution centre equipped with cutting edge technology in Vilnius. The facility – the first semi-automatic depot in the Baltic states – enables DPD and GeoPost to significantly raise efficiency, service quality in parcel handling and distribution.
Read MoreGeoPost continues expanding across the Balkans and into the new EU countries. Today, GeoPost Bulgaria Ltd, a new joint venture between GeoPost Yurtiçi Kargo and City Express Ltd, joins the continuously growing GeoPost network. GeoPost Bulgaria Ltd will be based in Sofia and offer international air express, air road and deferred road services under Geopost’s Chronopost and DPD brands. The first outbound shipments are planned from November 2004.
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