Paul-Marie Chavanne in charge of rationalising Geopost
Yesterday the French post office, La Poste, made official its appointment of Paul-Marie Chavanne as chairman of Geopost, its parcels and logistics holding company.
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New pan-European logistics player ec logistics
Specialist in warehousing, fulfilment and distribution, ec logistics has co-founded a logistics alliance providing an integrated solution for pan-European logistics requirements. 3 other founding members – Dohmen Distribution (Germany), SEUR Integracion Logistica (Spain) & SIL STock Express (France)
Read MoreGlobal Posts Launch Venture Capital Operations
Three of Europe’s largest national postal services are stepping up their venture capital activities as they jostle to retain a leading role in a once plodding old industry. ‘New technologies are creating new business opportunities,’ says Martin Vial, chairman of France’s state-owned postal monopoly, La Poste. ‘If we don’t take part in this business, someone else will.’
Germany’s Deutsche Post AG, privatized last year and listed on the Frankfurt stock market, has already established its own 50 million euro corporate venture capital fund, Deutsche Post Ventures.
And the Netherland’s TPG — formerly known as TNT Post Group — which is also now a publicly traded company, last month committed 100 million euros to a corporate venture fund called LogiSpring, aimed at backing young technology companies in the logistics sector.
La Poste: Bigger Share of Banking Business
In French banking, La Poste (F.PST) – the national post office – has always been a force to be reckoned with. It has a 10% slice of the retail market and 15% of all checking accounts, putting it ahead of better-known rivals BNP-Paribas SA (F.BNP) and Societe Generale SA (F.SGF). But it also has a severe handicap: It has no banking license. Without one, it can’t lend money
Read MoreLa Poste wants to help SMEs to get involved in electronic commerce
La Poste, the French post office, has just set up a new product called Esipost, which aims to help small to medium sized enterprises (SMEs) get involved in electronic commerce
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