Tag: Europe

Austrian “parcel shops” to replace closed post offices

The British Post Office’s international subsidiary GLS is setting up “parcel shops” throughout Austria to replace services of hundreds of closing rural post offices, said GLS spokesmen on Tuesday. Under Austrian Post Office plans, 350 mostly rural post offices were to be closed this year. GLS planned to set up 500 new “parcel shops” by the end of 2006. They would be in banks, shops, or local government offices. GLS-Austria chief Christof Bader said he was hoping for 200,000 packages and a turnover increase of one million euros. Sending the smallest package inside Austria would cost about 3.50 euros. Head of the international GLS, Rico Back, said he did not exclude that in future, the parcel shops would accept ordinary letters as well.

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Portugal Payshop 2004 Profit at 1.0 Mln Euro

Portuguese electronic bill payment services Payshop, a unit of the country’s postal operator CTT-Correios de Portugal posted a profit of 1.0 mln euro (USD1.3) for 2004, it was reported on April 18, 2005. The company ended 2005 with a 5.5 mln euro (USD7.09 mln) turnover, more than doubling it compared to 2003. Payshop currently operates some 2,900 access points in Portugal.

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Rural UK post offices ‘need support’

Post offices in thousands of villages could close over the next few years after Labour failed to give a manifesto commitment to support the loss-making rural network. Colin Baker, the general secretary of the Federation of SubPostmasters, said that he was disappointed at the lack of support after he and other organisations had lobbied for a pledge that rural offices would be protected. Mr Baker said he feared that all 6,000 loss-making rural post offices, of the rural network of 8,000, would close without government cash.
Rural post offices are supported by an annual government payment of Pounds 150 million but that is intended to continue only until the end of 2007. The threat to rural post offices comes after the recent closure of 2,600 urban post offices.

Labour has said: “We have made no commitment for the future of the post offices after 2008 but we are keeping the matter under review.”

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Belgian Rossel to develop own distribution network

Belgian media company Rossel plans to develop own distribution network for its magazines and promotional items, it was reported on April 13, 2004. Currently the distribution of Rossel magazines is carried out by Belgian distribution company AMP and Belgian postal services company De Post/La Poste.

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An Post suffers setback on stamp price rise

An Post has suffered a significant setback with a decision on its controversial stamp price increase application not now expected for several months. The regulator, ComReg, has requested further information from An Post to support the application it submitted 11 months ago. An Post will shortly report a small surplus but the delay in granting a price increase for stamps could have financial repercussions. Last May, when the application was submitted, An Post chief executive Donal Curtin said the company believed it was entitled to a “realistic” price increase. While never disclosed publicly, it is understood the company sought an increase of 14.5 per cent. This would push up the price of a stamp from 48 to 55 cent.

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