Tag: Europe

Resignation of UK DX Services Chief Executive

The Board of DX Services plc announced on 16 August that Peter Brougham, Chief
Executive had tendered his resignation and that this resignation had been
accepted. It has now been agreed that Peter, who will continue to run the Company whilst the Board carries out its search for a new Chief Executive, will not stand for re-election at the forthcoming AGM on 11 November. Consequently he will stand down from his position as Chief Executive and leave the Company on that date.

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UK Royal Mail announces date for new pricing system

Royal Mail has today confirmed that its new pricing system, Pricing in Proportion (PiP), which means mail will be charged by size as well as weight, will come into force on 21 August 2006. The date was selected following feedback from a number of Royal Mail’s customers. An extensive communications campaign, explaining the new pricing system, will take place prior to the change.

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Poczta Polska half year results

Polish postal copany Poczta Polska ended the first half of 2005 with a 320 mln Polish zloty (USD100.8 mln/81.7 mln euro) net profit, up from 278 mln zloty (USD87.5 mln/71 mln euro) a year earlier. Revenue stood at 3.276 bln zloty (USD1.0 bln/837 bln euro) for January to June 2005, compared to 3.26 bln zloty (USD1.0 bln/832 bln euro) in the corresponding period of 2004.

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