Tag: La Poste

France’s retired postal workers threaten EU vote

Posted by | Mar 7, 2005 | |

The traditional response by French workers to something they do not like is to take to the streets in protest, but the country’s retired postal staff have come up with a new way to make their anger felt.

Furious that the government has abolished long-standing perks – free home telephone lines and credit card subscriptions – 130,000 postal pensioners are threatening to vote “Non” in the May 29 referendum on the European Union constitution.

On January 1 their former state-owned employer, La Poste, ended the benefits worth EUR220 (GPB155) per pensioner per year, but which would have cost EUR700mil (GBP490mil) over pensioners’ lifetimes.

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Deutsche Post withdraws bid for La Poste

Posted by | Mar 3, 2005 | |

Deutsche Post AG has withdrawn its takeover bid for the Belgian state-owned La Post, according to a report in Die Welt, which did not cite any sources.

The bidding group of Dutch TPG and French La Poste is now considered front-runner to win the bid, it said.

Deutsche Post has also withdrawn its application to the German cartel office for approval of the acquisition of KarstadtQuelle’s department store and mail order logistics needs, Die Welt said.

Deutsche Post subsidiary DHL bought KarstadtQuelle’s logistics operations in late January in a deal worth 200 mln eur.

But both Deutsche Post and KarstadtQuelle rejected claims by the newspaper that the application was withdrawn because of concerns that the cartel office would not approve it in the first place.

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La Poste introduces higher postal charges

Posted by | Feb 28, 2005 | |

The price of a stamp in France will increase on Tuesday by 3 cents to 53 cents. The price of a stamp for delivery to Europe will become 55 cents. The last price increase was in June 2003 when the price was increased from 46 to 50 cents. This new increase should produce an additional 180 million euros in revenue for the mail division of La Poste which realised 10.6 billion in 2003

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Seur to double overseas business within a year after La Poste tie-up

Posted by | Feb 24, 2005 | |

The recent tie-up between Seur and France’s La Poste has set up the Spanish delivery services group for strong international growth over the next five years.

According to Ramón Mayo, the vice president of Seur España, the alliance with La Poste will see the contribution of the Spanish group’s international operations to total turnover double within a year to 14 percent from 7 percent.

La Poste unit GeoPost acquired a 12.5 percent stake in Seur España out of the 21 percent put on the block by the founder of the Spanish group Justo Yúfera in February. The remaining 8.5 percent ended up in the hands of the 64 remaining partners in the transportation business.

Mayo said Seur had been looking at ways off expanding its overseas business for some time. However, he said the process of finding an international associate was complicated by the structure of the group, which is organized around 85 franchises handed out by its partners.

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47 Percent of Belgians never go to post offices

Posted by | Feb 22, 2005 | |

About 47 pct of Belgians almost never go to the offices of Belgian postal services company De Post/La Poste, a report of the company showed on February 22, 2005.

According to the report a total 97 pct of Belgians have access to a post office within a radius of five kilometres. Some 60 pct of the population have access to three post offices in a radius of five km.

Currently, the company operates 1,309 offices in the country, 642 of them employ only one person. De Post/La Poste reported 188 mln euro (USD247.56 mln) losses from the operation of its offices network in 2003. Three of four offices are loss-making. The company said that it will not close offices in 2005, but will launch a restructuring afterwards. The company also plans to expand the distribution of its products via 50 sales counters PostPunten at banks, supermarkets and news stands.

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