Tag: France

La Poste Bank consolidate plans of development and sign new partnerships

Posted by | Sep 13, 2007 | |

The commercial activity during the first semester of 2007, confirm the dynamism in the bank retail market. La Poste Bank has produced good results in life insurance services, mortgages and the increasing number of active clients in the bank. La Poste Bank set up partnership with the main players of the market: – Mortages: La Poste Bank and Mamut decided to expand its partnership signed last 4 April 2007. After the success of the mortgages under this agreement, both companies launched a new range of mortgages in two more regions: Amiens and Rennes. – In the money market, La Poste Bank and the General Society Bank (“Société Générale”), one of the biggest and oldest bank in France”, are in negations to set up a partnership. Both groups are the most important players in the money market in France. Each company represent 11 pct of the total market of bank cards and each have around 5000 ATMs in all France. – In assets management, La Poste Bank has two new projects of subsidiaries: the first is the structure management and the second is in partnership with Ofi Asset Management. These projects show the commitment of the bank to consolidate its position in asset management. – Regarding the bank exclusion issue, La Poste Bank and CMP Bank signed a commercial and financial agreement in order to increase their service to the smaller clients. The agreement was signed on 13th September 2007. – In money transfer market, La Poste Bank is developing a project with Coripost Africa S.A., the services will include the networking of 25 African offices. – In the area of Micro-credit, La Poste Bank, obtained on 30th May the approval of the Social Funds Institution (Fonds de Cohésion Sociale) for the access of its funds. La Poste Bank initiated these activities in the Poitou-Charentes region, but it will expand in other regions. It is estimated a total of 2300 mortgages during the next years.

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Sodexi has developed a system for total electronic processing of air cargo shipments

Posted by | Sep 13, 2007 | |

In 2008, a new IT procedure will be introduced to replace the old paper based administration for exports. The system will be capable of running the entire transport process – from the original order through to delivery of goods.

The latest version of the Sodexi-designed system, entitled DELTA X, allows the full treatment of the process from handling, through automatic Customs clearance to final delivery.

Part of the Air France cargo network, Sodexi provides fast, efficient handling of express cargo at its computer-controlled airside facility at Paris CDG airport. Apart from traffic emanating from the Air France network, the company handles the Equation service for all Skyteam members, and handles many other airlines as well as FedEx, TNT, DHL, Chronopost and other specialist express forwarders.

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EU court rejects courier complaint on French Aid

Posted by | Sep 12, 2007 | |

A European Union court Wednesday rejected complaints from international courier companies who claimed that French state-owned postal services company La Poste unfairly subsidizes its own courier express operation.

The ruling is part of a larger struggle that sees E.U. antitrust authorities and private companies trying to pry open Europe’s monopoly-controlled postal markets while still respecting E.U. rules that allow for government funding of national postal companies serving unprofitable areas. La Poste is one such company.

The case goes back to 1990, when the Union Francaise de L’Express or Ufex, Deutsche Post AG’s, DHL International, FedEx Corp’s Federal Express International France SNC and Service CRIE all complained to E.U. competition authorities that La Poste unit Societe Francaise de Messagerie Internationale – now Chronopost – was receiving unfair competitive advantages over the rest through its state-funded parent company. These alleged advantages include receiving logistical and commercial assistance on “unusually favorable terms.”

The European Commission rejected this complaint, saying that since the matter concerned competition on the French market, it wasn’t an E.U. matter. The courier companies tried to have this decision overturned, but were spurned again in 2004 when their arguments were once again rejected.

The courier companies then went to Europe’s second-highest court, the Court of First Instance, to try and have the commission’s decision annulled. The court Wednesday ruled simply that the commission’s initial decision was correct.

The courier companies may now appeal the ruling to Europe’s highest court, the Court of High Justice.

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EU to examine all German subsidies to Deutsche Post in new state aid probe

Posted by | Sep 12, 2007 | |

EU regulators will investigate the German state subsidies of Deutsche Post, once the state-owned postal service, to determine if it bolstered commercial operations with public money, the European Union said Wednesday.

The EU’s executive arm said rivals had complained that Deutsche Post AG used government money to undercut the private sector by selling services “too cheaply” to banking arm Postbank and parcel service DHL – one of the world’s three biggest delivery companies.

Deutsche Post immediately denied any illegal subsidies, calling the investigation “surprising and completely incomprehensible.” Deutsche Post said regulators have reviewed company accounts numerous times.

In Berlin, Finance Ministry spokesman Torsten Albig said the investigation had been expected and expressed confidence the Commission would clear the company in end.

The new investigation comes on top of the EU’s 2002 order for Deutsche Post to repay the German government 572 million euros (USD 791 million) in public money that the company had used to finance a rebate pricing policy for its door-to-door parcel business.
Governments usually pay postal operators to run the costly mail delivery service for the country, but they are forbidden from using the money for other services.

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DHL Global Mail France launches ePost in partnership with Experian

Posted by | Aug 29, 2007 | |

DHL Global Mail and Experian signed a partnership agreement to launch the ePost service in France from September 2007.
E-post will allow companies to manage via online all the services related to the delivery and mail management. The companies can upload the mail body online and ePost service will print the document and provide different services customized to the clients ‘needs.

The ePost include 3 different ranges of services:

– Clasic ePost (“ePost Classic”): delivery of the mails and other documents like letter, contracts, price conditions, mailings. The service includes the printing, enveloping, franking and the storage in the post office.

– Integral ePost (“ePost Integral”): the service focus on the secure electronic couriers

– Secure Mail (“DepoMail”): this is a courier service certified by the Bailiff Association (“Huissier de Justice”), which guarantee the integrity of courier content (electronic or hard copy version), and the proof of delivery. This service guarantees a high level of assurance in the delivery date and a proof of delivery.

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