Jose Damian Santiago, the chairman of Spanish postal services provider Correos, and the general manager of leading German bank Deutsche Bank in Spain, Antonio Rodriguez-Pina, signed an agreement to launch a new brand in the Spanish market, Bancorreos. Bancorreos will offer banking products designed for clients of Correos.
Read MoreParceline, the Smethwick based express delivery company, has been named as one of the Sunday Times 100 Best Companies to work for, a list widely acknowledged as a roll call of excellence for UK plc. 691 organisations were considered for the prestigious accolade and Parceline came 99th, following an independent selection process that included interviews comprising 70 questions with 500 randomly selected employees.
Read MoreGermany’s Verdi trade union is demanding a pay hike of 4.5% for some 130,000 employes of the former state-owned postal company Deutsche Post AG, the union announced Friday. Verdi said it is aiming for a 12-month contract. Initial talks between the union and employers are scheduled for April 28. “The domestic economy has to gain momentum. If the employees are to spend more money, then they need a significant pay hike,” Verdi vice head Rolf Buettner said.
Read MoreTPG Post, the mail business of Dutch TNT NV, has every reason to worry that differences in value added tax (VAT) regulations in European countries could be an obstacle for the liberalisation of the Dutch postal market, according to a report on behalf of the Dutch Economic Ministry. The report was published on April 7, 2006, the day when Government was set to discuss the draft law for the liberalisation of the Dutch postal market. The bill, which Dutch Economics Minister Laurens Jan Brinkhorst will seek to make effective as of April 1, 2007, would mean the end of the monopoly of TNT. According to local research agency Ecorys Nederland’s report, UK and German companies are most likely to step on the liberalised Dutch postal market. But VAT differences in the UK, the Netherlands and Germany are significant and as a result TPG will be put at a disadvantage against UK Royal Mail and Germany’s Deutsche Post, the agency said.
Read MoreThe quality of An Post’s service continued to decline for the third straight year, according to a report released yesterday by communications regulator ComReg. Meg Shreve reports.
The survey reported that between January and December 2005 only 73 per cent of single piece priority mail made it to its destination within one working day, missing the 94 per cent target set by ComReg. This was a 1 per cent increase from the previous year. Between October and December 2005, delivery within one business day dropped to 63 per cent, compared with 67 per cent during the same period in 2004.
“ComReg is concerned that quality of service performance is falling well off the target of 94 per cent,” commissioner Mike Byrne said in a statement. “This is the second successive quarter in which An Post’s quality performance for next-day delivery has fallen by 4 per cent by comparison with the corresponding quarters in 2004,” he added.
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