Tag: Itella

Norway Post’s and Itella’s information logistics services combined into a new joint venture in Norway

Posted by | Feb 18, 2008 | |

Norway Post and Itella are to establish a joint venture in Norway. After this transaction, Itella will own 51 percent and Norway Post 49 percent of Itella Information AS. Itella Information’s services in Norway, together with Norway Post’s services in the field of information logistics, will be combined into Itella Information AS. The company’s net sales will total approximately EUR 25 million (200 million NOK). The deal is conditional and requires the approval of the Competition Authorities.

The aim of the joint venture is to make Itella Information AS into the leading information logistics company in Norway. Itella Information provides services for the processing, management and delivery of information flows.

Norway Post’s current operations relating to information logistics will be transferred to the joint venture.

– This is part of the implementation of the Norway Post Group’s strategy, and is a proactive measure which will make the new joint venture a leading player in the industry in Norway, says Lars Tendal, Senior Vice President of the Post Division, Norway Post.

– This is the next step in the execution of Itella’s strategy in Northern Europe. In January, Itella bought the business operations of BusinessPoint S.A. in Poland. We believe that, through cooperation and common solutions, we will provide the strongest value proposal to our Norwegian customers, says Heikki Länsisyrjä, Senior Vice President, Itella Group.

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Itella Logistics to acquire Kauko Group

Posted by | Feb 5, 2008 | |

Itella Logistics has signed an agreement on the acquisition of Kauko Group specialized in providing international transport services.

Kauko Group will complement Itella Logistics’s service range outstandingly through its solid expertise in international road, air and sea freight, and will enable us to be even better equipped to implement global transport solutions, says Vesa Vertanen, Senior Vice President, Itella Logistics.

The sellers in this acquisition include Kaukohuolinta Invest Oy, part of the Juuranto Group company, Kauko Group’s operative management and Spedex Oy. – We are delighted that the buyer is Itella, a Finnish company which, as an international logistics operator, has good prospects for developing the company further, says Helena Juuranto-Perttunen, member of Kauko Groups’ Board of Directors.

Kauko Group has approximately 110 employees and, in addition to its head office located in Tuusula, offices in Turku, Tampere, Lahti, Tallinn, Riga, and a representative office in Moscow. In 2007, Kauko Group posted net sales of approximately EUR 56 million.

In connection with the acquisition, Kauko Group’s current Managing Director, Jarmo Halonen, has been appointed Country Manager of Itella Logistics Finland.

In connection with the acquisition, Itella Logistics has also entered into an agreement concerning the acquisition of Kauko Group´s Swedish affiliate company , Hansar Logistics AB, which will continue to operate as an independent company until further notice.

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Latest ‘Future of Mail’ paper: “Mail Trends Update” by Fouad Nader (Adrenale Corp.) and Michael Lintell (Pitney Bowes)

Posted by | Feb 1, 2008 | |

In recent years there has been an increase in the number of press articles and statements from posts predicting that mail volumes would decline. New technologies and process innovations have been introduced, preoccupying researchers and managers in the postal and mailing industries with the impact of accelerating electronic substitution and changing customer behaviors. What are the actual trends that emerge from examining in detail the best information available from key countries? What historical perspectives, trends and emerging patterns may be useful in understanding how mail volumes may evolve in the future? The purpose of this paper is to provide further insight into the key trends identified and discussed in the previous Mail Trends Analyses by comprehensively examining the evolution of mail and analyzing postal volumes along key variables that influence mail demand. This paper builds on the considerable research that followed the original mail trends analysis and was documented in the Background Papers published at www.postinsight.pb.com for the project: “Electronic Substitution for Mail: Models and Results, Myth and Reality.” The paper also takes advantage of recent work in the study of the “Future of Mail”, also on postinsight.pb.com.

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EU’s Postal Directive changes the requirements of national postal services

Posted by | Jan 31, 2008 | |

The postal directive approved on 31 January by the EU Parliament will open postal operations within the EU to full competition. The directive will become effective from the beginning of 2011, and in 2013 in some transitional-period countries. The new postal directive will guarantee nationwide mail delivery on five days of the week in the future. The tariffs of letter mail sent by consumers will also be uniform regardless of the locale.

Restrictions to competition were removed from Finnish legislation in the early 1990’s. Itella has been among the postal companies who have supported the EU-wide opening of the postal market.

According to Itella, the new directive now accepted may change the principles that have been held important in Finland concerning uniform services provided throughout the entire country. It has been the requirement of the Finnish Parliament to secure the provision of uniform postal services throughout Finland without separate funding systems.

In the new directive, a competing post company cannot be required to deliver mail five days per week, which has until now been required by law in Finland. In the future, such obligation can only apply to a company responsible for a general service obligation, i.e. Itella in Finland. Only a company operating in the largest cities, delivering letters from large sender companies, e.g. every other day, can price the delivery cheaper than the current rate. This means that the funding base for providing basic postal services may become significantly narrower.

It is possible that the directive will lead to regional segregation of prices, with mail sent to the largest cities being cheaper than that sent elsewhere. This has already happened in Sweden and in some other countries.

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