Tag: Europe

Secured Mail to Get GBP 1.6m Investment

Posted by | Aug 14, 2008 | |

UK postal operator Secured Mail, is set to expand after securing a GBP 1.6m investment from Manchester-based Aquarius Equity Partners.

Secured Mail, one of 22 licenced postal operators in the UK, operates a fleet of vehicles and has a well established client base. According to MD Mark Bigley, the investment will give Secured Mail a much-needed boost for growth and enable the business to become an even bigger player in the postal industry.

Steve Sealey at Aquarius said Secured Mail was just the business model it was looking for and that it was an ideal investment in an emerging market.

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Austrian Post – Good development in the first half-year 2008

Posted by | Aug 14, 2008 | |

The first half of the 2008 financial year developed very satisfactorily for Austrian Post. The 7.3 pct increase in revenue is not only related to the initial consolidation of the newly-acquired subsidiaries, but also includes organic growth. This development is even more gratifying in the light of the loss of two important mail order customers in the Austrian parcels segment since the beginning of 2008.

The resulting decline in parcels revenue could be more than compensated for. Total Group revenue climbed by 8.8 pct in the second quarter of 2008.

All three divisions made a positive contribution to revenue growth. The Mail Division improved by 8.6pct in the first half of 2008, whereas revenue of the Parcel & Logistics Division was up 7.1pct and the Branch Network Division also registered a gain of 0.2pct. Growth in the Mail Division was related to the initial consolidation of the new subsidiaries as well as to an operational increase. Revenue and earnings of the Parcel & Logistics Division were negatively impacted by the loss of two parcels customers, but the newly-acquired subsidiaries could offset the resulting loss of revenue. In particular, financial services developed favourably in the Branch Network Division.

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Postcomm to Amend Postal Operator Licences

Posted by | Aug 13, 2008 | |

With Postwatch soon to be absorbed into a larger multi-consumer watchdog known as the National Consumer Council on 30th September, Postcomm is making adjustments to its paperwork which includes existing postal operator licences.

To prepare for the abolition of Postwatch and the new complaint handling standards, Postcomm needs to make relevant licence modifications to postal operators’ licences to reflect the transfer of functions from Postwatch to the new NCC and the new complaint handling standards.

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Siemens to supply Itella, Finland, with combined parcel and bundle sorting systems worth a total of about 50 millions euros

Posted by | Aug 13, 2008 | |

Siemens Mobility Division has won an order from Itella, the Finnish Mail and Logistics Service, to equip its mail centers in Helsinki, Kuopio, Oulu and Tampere with new sorting technology. The center in each of these towns is to be equipped with a parcel and bundle sorter system (PBSS), and a tray handling system (THS) for letters and flats. It is the first time in this sector that these technologies for handling and sorting different types of mail are being combined. Siemens will be handling this order together with Interroll Automation (PBSS) and Cimcorp (THS). The total value of the order is about 50 million euros. The systems are scheduled to come into operation between the middle of 2009 and the beginning of 2011.

A combination of technologies for sorting different types of mail items has never before been implemented in the postal sector. The close intermeshing of the technology and timing of these two logistics projects together with stage by stage installation while operations are running are presenting tough challenges. Both projects are part of Itella’s major investment of 160 million euros in mail sorting facilities. Itella is investing in automation technology to increase the efficiency of its mail sorting and improve its ergonomics and quality.

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Market of postal and courier services of Lithuania up 21.8 pct in 2008

Posted by | Aug 13, 2008 | |

According to the preliminary data of the Communications Regulatory Authority, over January-June of 2008, the Lithuanian market of postal and courier services reached 126.7 million litas (37.94 million euros), an increase of 21.8 pct year-on-year (104.0 million litas/ 37.946 million euros).

The market of postal services according to the received revenues increased 13.3 pct – up to 47.7 million litas (14.299 million euros); the market of courier services went up by 27.7 pct and amounted to 78.9 million litas (23.64 million euros).

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