Tag: Finland

Interim Report for July–September 2006: Finland Post’s Growth Continues

Posted by | Oct 25, 2006 | |

A quarter of net sales based on international operations

• Consolidated net sales for Q3/2006 improved to EUR 359.8 million over the same period a year ago (EUR 309.9 million in Q3/2005), up by 16%, company acquisitions and organic growth accounting for 13% and 3%, respectively. Non-Finnish operations accounted for 25% (17%) of net sales.

• Consolidated operating profit for the period came to EUR 15.5 million (EUR 17.1 million), representing 4.3% (5.5%) of consolidated net sales. Profit before tax totalled EUR 16.4 million (EUR 18.5 million).

• Within Messaging, letter-mail volumes declined in line with the pan-European trend. Information Logistics’ net sales showed favourable developments in all of its product groups, with the exception of Germany. Logistics reported growth of 56% in its net sales, organic growth accounting for 11 percentage points.

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Momentum grows for major postal operators backing EU liberalisation plan

Posted by | Oct 17, 2006 | |

On the eve of the debate over postal opening, Deutsche Post (Germany), Posten AB (Sweden), Suomen Posti Oyj (Finland), TNT (The Netherlands) and Royal Mail (UK) are joined by Charlie McCreevy, Commissioner for Internal Market and Services, Jürgen R. Thumann, President of the Federation of German Industries (BDI), and Paul R. Kleindorfer, Professor at INSEAD and the Wharton School of the University of Pennsylvania.

In this joint event taking place in Brussels today, the group intends to demonstrate that full market opening must take place in 2009 to allow postal operators to benefit from changes that are shaking the global communications market. It must be seen as an opportunity to restructure organisations for increased operational, service efficiency and customer-orientation. Furthermore, a modern and flexible universal service to the benefit of residential and small business users can be maintained in an open market.

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Royal Mail, TNT, Deutsche Post, Posten, Finnish Post back EU postal reforms

Posted by | Oct 17, 2006 | |

The chief executives of Deutsche Post AG, Sweden’s Posten AB, Finnish post office Suomen Posti Oyj, TNT NV and the UK’s Royal Mail have said that they believe postal market liberalisation is already working in their countries and that they are ‘ready for full market opening in 2009’.

The chief executives of the five groups, which distribute some 60 pct of postal mail volume in Europe, will attend a dinner in Brussels tonight where EU internal markets commissioner Charlie McCreevy is expected to speak about the commission’s plan to liberalise postal markets.

Klaus Zumwinkel, chief executive of the Deutsche Post, said ‘Liberalisation that allows healthy competition is the only way forward. We are ready to embrace it’.

The European Commission will announce the next step in its liberalisation of Europe’s postal services tomorrow, with deliveries of letters under 50 grams open to competition by 2009, said EU spokesman Oliver Drewes earlier today.

The commission will debate the proposals before announcing plans to free up the market for letters in Europe, following on from its 2002 directive on parcels and letters over 50 grams.

Currently, historical operators may still hold national monopolies on letters weighing less than 50 grams in Europe.

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Finland – TeliaSonera Finland, DHL in voice & data services deal

Posted by | Sep 11, 2006 | |

TeliaSonera Finland and DHL have signed an agreement on voice and data services. The agreement covers for example about 1,300 mobile phone subscriptions, their switchboard services and several hundred vehicle terminal data subscriptions. The data transmission takes place based on GPRS or 3G, depending on the situation. DHL’s internal voice traffic will be transferred as IP-based into the DataNet-based data communications network that has already been in the company’s use and was delivered by TeliaSonera Finland.

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Integration of Itella Finland Ltd and Elma Electronic Trading

Posted by | Sep 4, 2006 | |

Finland Post Group’s leading information logistics subsidiaries, Itella Finland Ltd and Elma Electronic Trading, will join forces. Although operations under the new organisation began on 1 September, the companies will see their combination take legal effect on 1 January 2007.

With a combined staff of around 900 and net sales of EUR 115 million, the new company forms part of Itella Group which operates in eight Northern European countries. It is a top expert in electronic messaging services, eInvoicing, printing services, data management and marketing.

This integration will enable the new company to provide corporate customers with an increasingly seamless service package for invoicing and customer relationship management, and generate greater efficiency in their customer service processes. With respect to consumer solutions, consumers can choose how and in what form they wish to receive their invoices – in printed form delivered to their letterboxes, or electronically to their online bank or Netposti.

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