Tag: Europe

DHL Turkey and government promote investments

Posted by | Jul 9, 2008 | |

The first stage of the campaign, starting today, includes the slogan “Investors Love Turkey, Turkey Loves Investors” printed on packages being sent abroad from Turkey. It is estimated that these packages will reach some 150,000 recipients around the world each month. In the second phase, starting in September, the slogan will be printed also on TIR trucks exiting Turkey. In the third phase ISPAT will organize a press tour for foreign journalists introducing investment opportunities in Turkey. The third phase is slated for November.

Michel Akavi, director of Middle East, North Africa and Turkey at DHL Express, noted the campaign’s costs are low compared to the results it is likely to achieve. “A campaign like this does not cost much, but will be efficient. In no other country except Turkey has DHL engaged in activities like this,” he noted.

In 2007, Foreign Direct Investments, or FDI, to Turkey totaled USD 22 billion. First half figures for the current year are expected to be released later this month.

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Business Post: Statement from AGM

Posted by | Jul 9, 2008 | |

At today’s AGM of Business Post Group plc, Chairman Peter Kane will announce the following
statement to shareholders covering the period 1 April 2008 to 30 June 2008.
“Group revenues for the period increased by some 16% on the equivalent period last year.
Parcel revenues showed satisfactory improvement on last year. In particular, we continue to see
good growth in our B2B parcels business which represents in excess of 80% of parcels revenues.
Our Mail business, UK Mail, continues to achieve strong growth, driven by new business wins
together with further mail volumes from existing customers.
Revenues in Specialist Services for the period were up significantly on last year. In particular our
Courier business has benefited from the contract with Orange which commenced in the period.
We have made a good start to the financial year with continued revenue growth and with trading
performance in line with management expectations.

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One letter in four comes via Royal Mail rival (UK)

Posted by | Jul 8, 2008 | |

Rivals to Royal Mail now handle one in every four letters and are poised to increase volumes further, The Times has learnt.
It is understood that Royal Mail now carries out the full process of collection, sorting and deliver of three out of every four letters posted, as against four out of five last year. This follows an exodus of blue-chip bulk mailing customers to rival operators such as TNT and Business Post.
More customers may have been pushed to quit Royal Mail after last year’s industrial action despite competitors still having to use Royal Mail’s infrastructure and postal staff for the “final mile” delivery.
Royal Mail’s business could shrink further if rivals continue to grow. TNT, one of its two main competitors, expects to handle 2.4billion items of mail this year. Business Post, which does not make specific forecasts, said it expected to exceed that amount. Last year TNT handled 1.8billion items out of a total annual postbag of 20billion and Business Post
TNT’s prediction of a 33 per cent increase in mail volumes comes as the company is building up local business as well as targeting large national customers such as utilities and banks. Nick Wells, Managing Director of TNT’s UK mail business, said the business was putting resources into five regional centres.
Royal Mail is paid by rivals for the “last mile” delivery. It claims it is paid too little although its competitors say that its prices are too high.
The loss of business to rivals comes as a review commissioned by the Government looks into the future of the state-owned group. There are growing worries from Royal Mail, Postcomm, the industry regulator, and the main postal union, that Royal Mail is facing dire financial problems.
The Hooper review into Royal Mail is scheduled to set out recommendations to the Government. The regulator has said that Royal Mail needs an injection of private equity. But even if stakeholders backed such a move, it is not clear what interest there would be from private equity because of Royal Mail’s huge pension deficit. It currently stands at GBP 3.4billion but could double after an actuarial review.

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Eesti Post must give up plan to purchase Express Post

Posted by | Jul 8, 2008 | |

Eesti Päevaleht writes that according to a stock exchange statemetn made by Ekspress Grupp, the negotiations were cancelled without coming to an agreement since neither party agreed on the terms of the agreement.

In March Eesti Post offered Ekspress Grupp to sell its half-stake in Express Post. Ekspress Grupp decided to involve in the negotiations the other half-owner Eesti Meedia that publishes, among others, Postimees.

Revenues of Express Post were EEK 72 million (USD 7.22 million) last year.

In February the Estonian Competition Authority said it will not investigate claims that Eesti Post held illegal negotiations with a private postal company Express Post.

An executive of Eesti Post and Hans H. Luik, half owner of Express Post, had reportedly discussed how to divide the market of mailing services in the country between them. Holding such negotiations on market division is illegal.

Both Ahti Kallaste, board member of Estonian Post, and Luik admitted that they have been discussing ways of dividing the market.

However, Luik later told Äripäev that nothing specific was discussed.

Express Post mainly distributes perodicals such as newspapers and provides courier services. Half of the company belongs to Eesti Meedia and half is owned by Ekspress Grupp that is listed on the Tallinn Stock Exchange.

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Swiss Post acquires Global Business Services Plus

Posted by | Jul 8, 2008 | |

Swiss Post has acquired Global Business Services Plus, which specializes in digital document management and has offices in France, Germany and Slovakia. Swiss Post is thus enhancing its offering in the field of in-house mail. In addition to internal physical mail services, customers are increasingly coming to expect that documents can be entered electronically, processed and digitally archived.

By acquiring Global Business Services Plus (GBS+), based in Paris, Swiss Post is reinforcing and completing its offering in the field of document solutions in Germany and France. It is thus an attractive partner for international companies which also look for an offering of this type from a single source. Corporate clients are increasingly seeking to not only outsource their in-house postal services. They also want to have a partner handle the digitization of documents, the integration of these digitized documents into their in-house electronic processes and the electronic archiving of these documents. One important customer segment for the newly acquired company GBS+ in France is banks, for which the company will handle cheque processing. Up to now, Swiss Post has been represented in this market with large units in the UK, the USA and Switzerland. The newly acquired company generated just under CHF 60 million (USD 58 million) in sales last year with a workforce of 1,000 and operates in the rapidly growing business process outsourcing market. In addition to France and Germany, GBS+ relies on its production facility in Bratislava (Slovakia).

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