Tag: France

French post office staff to elect board representatives today

Employees of the French post office, La Poste, will today elect a total of seven representatives to the organisation’s board of directors for a five-year term. The successful candidates, drawn from a list presented by La Poste’s unions, will be announced on Friday. Then, on December 19, the newly-elected board will vote for a chairman.

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La Poste receives 1m Euro fine

La Poste, the French postal service operator, has been fined 1m euros by the competition authorities. The reason for this is that the company had charged prices that benefited certain customers and its subsidiary Datapost, which specialises in sorting and mailing.

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Italian and French post offices in financial-services venture

The Italian post office, Poste Italiane, and its French equivalent, La Poste, will jointly launch a mutual investment fund on Monday. From that day, customers of the two networks will be able to subscribe to the eight-year fund when they take out a life insurance policy with either Posta Vita in Italy or Services Financiers in France.

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French post office considers Sunday opening

Jean-Paul Bailly, chairman of La Poste, the French post office, has told the French press that new opening hours for post offices will be introduced on a trial basis in 2006. The tests will include Sunday openings to coincide with Sunday morning markets and festivals, and keeping post offices open until 8pm one night a week.

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CECEI to examine plans for French postal bank

The French committee of credit institutions and investment companies (CECEI) is to examine the request for approval for the future French postal bank, Banque Postale, for the first time on November 10. The postal regulation law passed on May 20 allows La Poste, the French postal service operator, to set up a banking subsidiary by 1 January 2006 at the latest. The members of the CECEI received an invitation yesterday regarding an extraordinary meeting. No details of the agenda have been given, but plans to create a postal bank are to be examined.

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