Poczta Polska, (PP) Polish Post Office will go public in 2006. “Making the company public will be highly profitable, however, it will not happen next year. We’re thinking it might happen in 2006,” said PP director general, Tadeusz Bartkowiak on Thursday. He added that the work to transform the firm into a joint stock company was in progress.
Read MoreAccording to Massimo Sarmi, managing director of Poste Italiane, the Italian national postal services group is ahead of its two main European competitors, the Dutch and German post offices, in terms of operating profit this year. Mr Sarmi also said that the group’s operating profit for the full-year 2004 would be positive, based on its results to the end of September. While Mr Sarmi said that the group was ready for a stock market listing, he added that it was up to the government to decide if and when the operation would take place.
Read MoreAt a cabinet meeting today the Government presented its proposal for full competition in the Norwegian postal market from 1 January 2007. The remaining part of the postal monopoly covers sealed, addressed letters under 100 grams. From and including next year, less than 20 per cent of Norway Post’s revenues will come from this activity. “We welcome competition. Increased competition will stimulate efficiency and innovation, which in turn will benefit our customers. We look forward to participating in the future postal market on an equal footing with a number of other players,” says Norway Post’s chief executive Kaare Frydenberg.
Read MoreJamaica Post (the Post & Telecommunications Department and the PostalCorporation of Jamaica) has introduced Express Mail Service (EMS), a totally new international courier service in collaboration with postal administrations in other countries. This service is the answer to the need for individuals and organisations to send packages overseas via a cost-effective, safe, reliable delivery service.
Countries Available
The initial service will be confined to the Caribbean (Antigua, Barbados, Grand Cayman, Grenada, Trinidad and Tobago, St. Lucia), Canada, thes United States (Miami, New York) and the United Kingdom. Successful negotiations with these postal administrations have resulted in specific arrangements for all Express Mail Service items to be expeditiously processed, as the Jamaican postal administration has established bilateral contracts that ensure the speedy processing of all items that enter the designated countries.
Read MoreAdam Crozier, chief executive of Royal Mail, says: “The first thing I do every day is check how we performed last night. Any mail centre that failed to meet quality of service targets is on a conference call with me to explain what happened and whether they have a plan to put it right.”
The introduction of private sector disciplines was one of Mr Crozier’s first actions on being appointed to run the UK’s state-owned postal company just before Christmas two years ago. Then, Royal Mail was losing Pounds 1m a day. Now, it is making a profit of Pounds 1m a day.
As Royal Mail tackles its busiest time of the year, with households sending sacks of cards and presents, there is optimism that it is starting to show signs of a turnround.
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