Tag: La Poste

Post offices target key role in financial services delivery

Posted by | Apr 1, 2005 | |

Given postal service operators’ extensive branch networks, the provision of financial services is a natural choice for those operators seeking to diversify their revenue streams and fulfil government obligations to provide universal banking services. New research from VRL Publishing* reviews the evolving role played by post offices in the distribution of retail financial services and the opportunities and threats posed to traditional bank providers.

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French National Assembly to debate postal reform bill

Posted by | Mar 31, 2005 | |

A second reading of the French government’s bill to reform postal services will take place in the French national assembly between April 12 and 14, it was announced yesterday. The bill, which passed its second reading in the French senate on March 10, is intended to open up to France’s postal services market to competition. Its provisions include permission for the French post office, La Poste, to set up a banking subsidiary.

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French La Poste to expand logistics network in Poland

Posted by | Mar 22, 2005 | |

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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French La Poste to sell 70 pct of TAT Express

Posted by | Mar 18, 2005 | |

French national post office La Poste announced its plans to sell up to 70 pct of the share capital of its subsidiary, express freight transport company TAT Express, to an unnamed French company, it was reported on March 17, 2005. The French trade unions had been informed for this decision at an extraordinary works’ council dedicated to the opening of the capital of TAT Express on March 10, 2005. TAT Express launched a restructuring plan in December 2003 which led to 200 job cuts and modification of the work contracts of another 200 company employees. TAT Express reduced its agencies in France to 33 and generated a 150 mln euro (USD200.5 mln) turnover for 2004.

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La Poste raises Seur stake

Posted by | Mar 12, 2005 | |

Rough translation from Spanish:
Geopost, the express delivery subsidiary of French state postal services operator La Poste, has acquired a 60 per cent stake in Seur Madrid.

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