Earning real benefits from restructuring
Presentation at IEA by Alex Smith, Royal Mail. Covers RM 2002 situation, 3 yr plan update & looking forward.
P:LibraryIEA European Postal Services Mch05Alex_Smith_Royal Mail.pdf
Tag: Europe
La Poste Counters
Jean-Paul Forceville (of La Poste) said at the IEA conference in Rome that counter/offices’ business was losing 500 million Euros a year!
Read MoreSwiss Post places 258 Mln Euro orders for letter sorting machines
Swiss Post placed 400 mln Swiss francs (USD340.8 mln/257.7 mln euro) orders with four companies for sorting machines and containers on March 8, 2005. Swiss Post will use the said equipment in the three new sorting centres and six subcentres, which it will start operating between 2006 and 2008 under the Reengineering Mailprocessing (REMA) project. Swiss Post will invest over 1.0 bln francs (USD852 mln/644 mln euro) in REMA by 2009. Swiss Post placed orders with Siemens Schweiz AG, Swiss Bern-based Gilgen AG, NEC Corporation and Swiss Aargau-based Georg Utz AG.
Read MorePosten 2004 year-end report published
Posten reported net sales grew 2 percent to SEK 25,120, operating earnings increased SEK 1,269m to SEK 991m and after-tax earnings improved by SEK 1,458m to SEK 1,225m. President and CEO Erik Olsson commented: Posten’s 2004 net earnings improved considerably year over year, driven mainly by higher revenues and substantial cost reductions. The bottom line is the proof that our organization was able to demonstrate crucial flexibility during a period marked by far-reaching changes and major cutbacks. Fierce competition and electronic substitution have eroded mail volumes, weighing on Posten’s largest business area, messaging services. Demand for Posten’s logistics and direct mail services continues to rise. In addition to solid financials, Posten is also pleased to report an uptick in customer confidence.
Read MorePoczta Polska: state-owned giant enters path towatrds commercialisation as full market liberalisation looms
The following is a summary of an interview, featured in Rzeczpospolita, with Tadeusz Bartkowiak, chief executive of Poczta Polska, the state-owned post operator, Poland’s largest employer.
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.