French La Poste to expand logistics network in Poland
French postal group La Poste seeks to expand its logistics services network in Poland as the logistics market growth in central and eastern Europe is very strong and the return on investments in the region is much faster than in western Europe, the company said on March 22, 2005. La Poste will invest in the near future between 25 mln euro (USD32.9 mln) and 30 mln euro (USD39.5 mln) in the markets of eastern and central Europe, while largest investment will be made in Poland, where the company is already present. La Poste has in Poland, through its subsidiary GeoPost, a courier services provider Masterlink Express and forwarding services provider Air Cargo Poland. The company plans to set up a new logistics services company in the country, which will operate within the network managed by its subsidiary and will offer parcel delivery services DPD.
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