Tag: Europe

Swedish Post Office to sell its Bank

Posten (the Swedish Post Office) will sell its girobank to Nordbanken AB for approx. USD400m. This will give it a cash pile to invest elsewhere (it says it will be used to strengthen its finances).

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FRANCE: AMF CRITICISES LA POSTE

The president of the Association of Mayors of France (AMF) has sent a letter to the Prime Minister to protest the temporary closure of several tens of La Poste’s offices and postal agencies, particularly in rural areas. The AMF says that La Poste is not fulfilling its postal public service assignment.

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Deutsche Post to launch internet stamps

Deutsche Post AG, the German post office operator, is to launch an
electronic stamp service in about four weeks’ time. The idea behind
the move was to help small and medium-sized companies which did not
want to spend money on franking machines but needed franking
services, but 25,000 applications, some from large companies, have
so far been made to Deutsche Post for internet stamps. Christian
Brockert of Deutsche Post said there was also a surprisingly high
number of individuals who had applied for the service.

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