Investment plan to modernize French Post
On June 2nd the Board of Directors of the French Post approved an investment plan of 770m euros to be spent over the 2005 to 2007 period to help modernize the network of Post Offices. Of the total amount 150m will be devoted to a training program and another 150m devoted to implementation of an IT system that would allow the Post to adopt new trends and launch new products. The balance will be devoted to renovations that will reduce queuing time in post offcies. Press Release available in French.
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