Tag: Europe

Austrian Post closes 310 offices

Posted by | May 11, 2005 | |

Austrian postal company Oesterreichische Post (Post AG) plans to close 310 post offices by the middle of 2005 after negotiations with the country’s provincial governments, it was reported on May 11, 2005. Originally Post AG wanted to close 357 of its 1,640 post offices. In 47 cases the company reconsidered and decided to follow their commercial development until 2006/2007. With the closures Post AG hopes to save 22.7 mln euro (USD29.2 mln) a year by 2007.

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Poste Italiane top officers likely to be re-elected

Posted by | May 11, 2005 | |

The top officers of Italian state-owned postal services company Poste Italiane should be put to the vote, Communications Minister, Mario Landolfi, said. Answering a question about possible new nominations at Poste Italiane top managerial positions, Landolfi said most probably the current executives will be re-elected. The reshuffle of Poste Italiane’s management team is to be made by May 25, 2005, the minister added.

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Deutsche Post Q1 EBIT up 2.8 pct as revenues fall slightly

Posted by | May 11, 2005 | |

Deutsche Post World Net AG said first quarter EBIT rose by 2.8 pct to 871 mln eur, while revenues fell 0.4 pct to 10.526 bln as a result of a sales decline in the cash-rich mail business and in the express division. It said the prior-year figures were adjusted to reflect IFRS accounting standards, which the company started using this year. It will report from now on EBIT figures instead of EBITA, which analysts had forecast would fall below last year’s 937 mln eur.

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UK Postal Services: Doors open on mail

Posted by | May 10, 2005 | |

The postal landscape is changing as Royal Mail finally steps aside to let new operators through. Postal deregulation has been on the cards for years but is finally starting to happen. Some banks and utilities are switching to competitors of Royal Mail, a vote of confidence that could encourage other volume mailers to follow. Full liberalisation was originally set for April 2007, with a staggered schedule that would give Royal Mail time to overcome its financial problems before facing the competition. However, thanks to the company’s rapid recovery, the government was recently able to bring the date forward to the beginning of next year. In practice much has depended on Royal Mail opening up its delivery network to competitors, as it is difficult for new entrants to set up an infrastructure from scratch. That has been a problem, postal experts say, as until recently it showed reluctance to do so.

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Couriers Keep Ringing the Doorbell Until Someone Answers

Posted by | May 10, 2005 | |

Polish Post (Poczta Polska) will soon have to face new competitors. It’s possible our letters will be delivered by yellow-clad Deutsche Post mailmen or La Poste employees is navy blue. Today, we have no choice. If we want to send a letter or a postcard, we have to do so through Polish Post. Until the end of 2008, it has a guaranteed monopoly on light weight parcels (up to 50 grams). Before we send the parcel, it is worth taking a look at the calendar. A priority letter (more expensive than the regular type) will be delivered the day after it is sent, if we put it in the mailbox in morning hours.

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