Swiss Post places 258 Mln Euro orders for letter sorting machines
Swiss Post placed 400 mln Swiss francs (USD340.8 mln/257.7 mln euro) orders with four companies for sorting machines and containers on March 8, 2005. Swiss Post will use the said equipment in the three new sorting centres and six subcentres, which it will start operating between 2006 and 2008 under the Reengineering Mailprocessing (REMA) project. Swiss Post will invest over 1.0 bln francs (USD852 mln/644 mln euro) in REMA by 2009. Swiss Post placed orders with Siemens Schweiz AG, Swiss Bern-based Gilgen AG, NEC Corporation and Swiss Aargau-based Georg Utz AG.
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