Tag: France

GeoPost strengthens its presence in Romania by becoming the majority shareholder of Pegasus

GeoPost acquired the majority of shares in Pegasus, a Courier and Express Parcel companies in Romania. Armadillo GMBH, the joint venture, between GeoPost and Yurtiçi Kargo, the leading express company in Turkey, and Pegasus representatives finalised the acquisition on 27 March 2008.

In 1997, Pegasus was established as a Romanian Registered Company and was the first company in Romania to provide intra-city door-to-door delivery services. From now on, Pegasus’s customers will be able to fully benefit from GeoPost´s parcel networks in Europe: the DPD road based products and services in Europe have proven to be extremely popular within all the other European domestic and international markets.

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Palletways announces continued european expansion

The Palletways Group has announced a 19 pct increase in annual turnover for the 12 month period to 31st May 2007, with consolidated operating profit before amortisation of goodwill at GBP 2.9m, compared to GBP 2.8m the previous year.

Commenting on the results, Susan Hundleby, Palletways Group Finance Director, said: “The results reflect the continued expansion of the Palletways network and the planned investment to support this expansion to achieve its vision of being a truly European business.”

“The reporting period saw the successful transfer of the Palletways business model into the Spanish market. Key investments included rolling out a new central hub facility in Alcala de Henares, near Madrid, and enhancing interconnectivity between the domestic European networks.”

“This year also saw the beneficial acquisition and integration of Palletways Italia S.p.A. into the Group’s network. Palletways continues to develop its fully integrated and wholly controlled networks to provide domestic and European pallet distribution services. This provides our members with a unique and profitable opportunity to extend their services to customers.”

Palletways today has circa 250 locations across Europe and handles around 80,000 pallets a week via nine hub facilities.

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French Postal Bank reports higher 2007 results

France’s Banque Postale, the state-owned post office bank launched in 2006, reported a rise in earnings in 2007, despite strong competition, and said it would start offering consumer loans in 2009 or 2010.

The bank said its net attributable income grew 9.4 percent to 539.6 million euros (USD 843.2 million).

Last week it reported net banking income was 4.745 billion euros, up 2.2 percent or 5 percent when stripping out provisions and a gain on the sale of shares in Euronext.

Banque Postale, which is a subsidiary of the postal service with branches in post offices, said the year had seen heightened competition.

But it won 830,000 new accounts and now has 11 million postal accounts and 9.3 million active clients.

Other French banks such as BNP Paribas, Societe Generale SocGen or Credit Agricole lobbied against the creation of the post office bank because it was the only entity able to offer so-called Livret A savings accounts.

But since 2007 all banks can offer this account which offers tax benefits.

Chairman Patrick Werner said in a statement that 2008 would see a new boost for the group with a refreshed Internet site. Consumer credit sales were due to start in 2009 or 2010.

The bank also has several partnerships and can offer mortgages through the branch network of the MatMut mutual insurance group from CNP Assurances, in which it has an indirect stake of some 17.5 percent.

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DPD Ireland chooses Blackbay and Intermec to deliver mobile workforce solution

Blackbay today announced that DPD Ireland, formerly Interlink Ireland Ltd, has chosen Blackbay’s Delivery Connect mobile tracking solution to enable the real-time online tracking of deliveries for DPD Ireland’s customers. DPD Ireland, owned by La Poste, the French Post Office, and Ireland’s premier provider of next day parcel delivery, has awarded the contract worth in excess of GBP 1 million to Blackbay and global data capture hardware manufacturer Intermec.

The contract will see DPD Ireland implementing Blackbay’s Delivery Connect mobile software solution on Intermec’s integrated GPS and GPRS enabled CN3 rugged mobile computers. The CN3 will be rolled out to 600 couriers who will use the devices to track all deliveries from the point of collection through to proof of delivery.

Delivery Connect running on Intermec’s CN3 will enable DPD Ireland’s customers to track their parcels over the Internet in real-time. Ensuring the exact status and location of each delivery will be available at all times, reducing the need for customer queries.

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UPS opens new sorting centre in NW France

UPS has strengthened its business in France with the opening of a new sorting centre at Rennes in the north-west of the country. It also plans to upgrade its flights between Rennes and the European air hub in Cologne.

The new sorting office covers 2,400 sqm, employs 57 people and handles some 5,000 parcels a day, French newspaper Les Echos reported. This has enabled UPS to double the volumes it handles at the site.

Moreover, in September, UPS plans to replace the B737 on its Rennes-Cologne route with a larger B767 freighter, according to the newspaper. This will operate weekday flights on the route. In addition, a new UPS Academy will also be opened in Rennes to provide training for 200 new employees over the next two years.

The Rennes region is a major express market, local newspaper Ouest France reported. ”Local companies have dramatically growing needs to ship parcels to France or Europe. Two thirds of companies use express carriers,” explained Claude Thomas, UPS operations manager Western France.

UPS operates out of 90 locations in France and has more than 3,000 employees.

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