Tag: New Zealand

NZ Post (Transend) Malta Venture Approved

Posted by | Aug 14, 2002 | |

The joint venture of New Zealand Post subsidiary Transend and Maltapost was discussed during talks between Malta’s Edward Fenech-Adami and Helen Clark in Wellington. After the meeting, Dr Fenech-Adami said Maltapost was looking for a strategic partner to expand beyond the shores of the Mediterranean island. We think New Zealand Post does offer us the necessary expertise to be able to do that.’ New Zealand Post paid $6.5 million for 35 per cent of Maltapost in February. The remaining 65 per cent is owned by the Maltese government.

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Maltapost seeks new chief executive

Posted by | May 30, 2002 | |

New Zealand Post’s Maltese business is searching for a new chief executive following the departure of Bob McGregor.
NZ Post subsidiary Transend, which has a 35 per cent stake in Maltapost, said it wanted a chief executive who would emphasise innovation and business development.
Transend acting managing director John Allen said in a statement today that the board of Maltapost’s decision to seek a new chief executive was supported by shareholders Malta Government Investments and Transend.

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