GeoPost 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.
Read MoreGeoPost continues the step-by-step expansion of the international DPD Parcel & Express network. As of today, Slovenia, represented by new franchise partner kurirska in paketna distribucija, has joined the permanent network, thereby extending the DPD network across the Balkans and into the new EU countries.
The keystone of this expansion is a joint venture with Austrian franchise partner Lagermax. Geopost will hold a 70% stake in the enterprise with the other 30% being held by Lagermax. This renewed cooperation, which has previously led to successful joint ventures in Hungary and Croatia, will enable DPD’s main shareholder GeoPost to further expand its international network within Central and Eastern Europe. Thanks to its Austrian-based network, Lagermax has traditionally had close ties with the Balkan states and respectively has the advantage of an existing infrastructure in South-East Europe.
Read MoreFrench parcel company GeoPost is to expand into the North African market following a co-operation agreement with Tunisias postal service. The two organisations have reportedly agreed to establish the DPD parcel service in Libya. The government-owned Tunisian Post became the first non-European co-operation partner within the DPD network in March 2004.
Read MoreA new study from Andrew Lester & Associates’ PacTrac © research programme covering the Belgian parcels and packages market reinforces the picture of Belgium’s role as a transit and distribution centre for other EU member countries. In economic terms export sales account for more than 80% of Belgium’s GDP, which is one of the highest percentages amongst industrialised economies.
The PacTrac © study findings are based on 750 interviews with a cross-section of international parcels and express service users in Belgium and Luxembourg conducted in two phases between June 2003 and March 2004. Initial estimates put the total market size for international parcels and packages at 4m items per month.
Read MoreSweden Post today announced that it has entered into an agreement to sell its Baltic-, Poland- and Russia-based parcel delivery and logistics business operations to Geopost, a wholly owned subsidiary of La Poste. Posten AB partly owns the parcel delivery and logistics companies in Poland and Russia and wholly owns the Baltic businesses. The transaction, a consequence of the new board-sanctioned strategy, will positively affect Sweden Post’s net income and cash flows.
Read More
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
