Tag: Europe

Portugal not to privatise CTT in 2006-2007

Posted by | Feb 23, 2006 | |

Portugal’s Government will not privatise the state-owned postal operator CTT – Correios de Portugal (CTT) as part of the earlier announced 2006/07 privatisation programme, the Finance Minister, Fernando Teixeira dos Santos, said on February 22, 2006. The government announced on February 16, 2006 a new privatisation strategy for the two-year period 2006 to 2007. CTT’s privatisation has been discussed and analysed with Portugal’s Telecommunication and Transport Minister, Mario Lino, but the postal operator was not included in the 2006/07 programme, Teixeira dos Santos added.

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Palletline invests

Posted by | Feb 23, 2006 | |

Palletline has made a further five-figure investment in state of the art security equipment for its main Birmingham hub. It follows the recent pounds 1.5 million extension to the complex in Tyburn Road, Erdington, and an extensive review of existing and future security requirements.

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TNT seeks shop for GBP3m UK rebrand

Posted by | Feb 22, 2006 | |

TNT has called an agency review for a GBP3m rebrand of its business-to-business postal services. TNT is to merge its TNT Mail and Circular Distributors divisions under umbrella brand TNT Post. The decision is intended to drive awareness that it can deliver both addressed mail and unaddressed items such as door-drops. Royal Mail is the only other delivery company in the UK currently able to offer both services. The review is likely to take place at the end of this month, with the work set to be predominantly below-the-line, although this is subject to change. It will not cover TNT’s package delivery service, TNT Express.

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UK Royal Mail 'needs Pounds 150m' to keep 10,000 post offices open

Posted by | Feb 22, 2006 | |

Royal Mail is pressing the Government to decide whether it will renew its Pounds 150 million subsidy for rural sub-post offices. The push comes after it emerged yesterday that Adam Crozier, its chief executive, had told a group of MPs that more than 10,000 post offices across Britain could close within the next four years if the three-year support package, which ends in 2008, was not renewed. Mr Crozier said that Royal Mail needed a rump of only 4,000 post offices to fulfil its licence obligations for delivering mail. The remaining 10,500, of which 8,000 are loss-making rural offices, needed to gain extra government subsidies or become profitable to survive.

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