Tag: Norway Post

Norwegian postal monopoly ends in two years

In two years the Norwegian Postal Service (Posten) will no longer have monopoly on the distribution of letters in Norway. There is a majority in Parliament in favour of a Government proposal to end the monopoly by 2007. The Government states that it is important to maintain a high degree of service, and stipulates that mail shall be distributed six days a week, the same as today.
Also, there must be a unified nationwide postage for letters.

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Good profitability and increased revenues lead to earnings of more than NOK 1 billion for Norway Post

The Norway Post Group’s preliminary results for 2004 show earnings before tax of NOK 1,079 million, up NOK 623 million from 2003. This development is due both to increased revenues and successful efficiency initiatives. “The result for 2004 shows that Norway Post has developed a profitable postal organisation that is ready to meet full competition from 2007. We have restructured operations by developing Norway Post’s strengths, extending our range of services by combining electronic information and physical distribution, and have made us more capable of resistance,” says Norway Post chief executive Kaare Frydenberg.

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Norway Post buys a stake in OptiMail

With its purchase of 7% of Optimail, Norway Post has extended its stake in the swedish mail market. It is already a part owner of CityMail Sweden. Citimail owns 11.7% of Optimail and the two private mail companies operations are linked: Optimail sorts international and domestic mail for distribution by CityMail while Optimails SwedMail business handles mail in the Swedish markets.

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Norway Post ready for competition

At 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.

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TNT Global Express will be offered at Norway post offices

TNT Global Express offers private customers and small businesses in Norway a new and faster alternative for express delivery of parcels to recipients abroad. The service will be available from 8 November at more than 300 post offices throughout the country. “In cooperation with TNT we have developed a better express product for our customers, in order to satisfy the increasing market demand for faster distribution of parcels abroad” says Arne Bjørndal, Senior Vice President, Norway Post. ’TNT Global Express kontant’ offers private customers and small businesses faster delivery of parcels to recipients abroad. Both documents and goods can be sent as express parcels. The maximum weight of ‘TNT Global Express kontant’ is 30 kilos per item.

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