La Poste (France), postal service, has relaunched its electronic recorded delivery letter service which allows consumers and business users to send a recorded delivery online for the letter to the printed out and delivered to the recipient as a standard letter. It costs Euro6.24 per letter.
Read MoreGermany’s Deutsche Post is the centre of attention with the initial public offering (IPO) of 50 percent of its subsidiary Postbank–and subsequent possible acquisition by Deutsche Bank–due to take place in June. However, there have been changes afoot in other countries, with some postal services continuing to make major inroads into their countries’ financial services markets.
“The postal systems around the world are dinosaurs, but there’s a lot of potential there,” says Stuart Castledine, a partner with Calleva, a consultancy advising a number of postal banks on the development of their banking services. “Postal administrations are not new kids on the block. Many of them have been going for 150 years.
Read MoreUniversal Postal Union
a global response to a moving postal world
Edouard Dayan
Director of European and International Affairs
Chairman “European Social Dialogue Committee Post”
Express & Parcel Update – Does the industry need to work together more for the customers?
Dr Claude Béglé,
Chairman DPD GmbH & Co. KG,
CEO GeoPost Northern Europe
La Poste, the French post office, has paid 90m euros for a 12.8 per cent stake in Seur, the Spanish parcel delivery group, up until now an entirely private company. The operation was carried out via Geopost, La Poste’s urgent transport subsidiary. La Poste is also acquiring 60 per cent of Seur’s Madrid franchise, its largest. UK investment bank Rothschild acted as advisor. Julian Recuenco, owner of Seur’s Seville and Malaga franchises, is the second largest shareholder after La Poste, with 6.2 per cent.
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