Tag: Norway Post

Norwegian postal service suspected of using illegal methods to stop competition

The Norwegian postal service Posten is reportedly suspected of using illegal methods to stop competitors, and the company is now said to be facing major fines. The EFTA Surveillance Authority has reportedly spent the last five days collecting potential evidence at Posten’s main office in Oslo. The investigators have particularly been looking for information regarding an alleged agreement between Posten and the grocery chains regarding the right to offer postal services in the stores, according to the Norwegian daily Aftenposten.

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Escher Group and IBM Win Postal Counter Automation Project in Norway

Escher Group Ltd today announced that Posten Norge has awarded the postal counter automation project to IBM Norge and Escher Group, Ltd. IBM will implement Escher Group’s WebRiposte Essential counter automation solution at 1,500 post offices and stores throughout Norway to modernize transactions such as postal services, financial services, ticketing and retail services. “Escher Group’s WebRiposte and Essential products enable rapid time to market for new products and low overall cost of ownership. The solution is used by many postal administrations in other countries, and we plan to extract benefits both for our customers and for our own organization,” says Erik Johannesen, Senior Vice President, Posten Norge, Consumer division. Morten Thorkildsen, General Manager of IBM Norway added, “Escher Group is one of IBM’s global partners, and their solutions will enable IBM to help Posten Norge achieve a reduction of operating costs, increasing the customer’s profitability.”

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Strong development in the value of Norway Post

According to a valuation carried out by Enskilda Securities, Norway Post Group is worth NOK 7.7 billion. This is an increase of NOK 2.2 billion, or 41 per cent, from last year.

“This development in value shows that Norway Post is making great progress. Compared with the largest companies on the Oslo Stock Exchange, we are doing well,” says Norway Post chief executive Kaare Frydenberg.

One of Norway Post’s four overall objectives is a competitive development in value. “We are pleased that this objective is now being met,” Frydenberg says.

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Norway Post’s comment on the proposal for full competition in the postal market from 1 January 2007

The Norwegian Ministry of Transport and Communications has proposed a more
rapid liberalisation of the Norwegian postal market than EU’s liberalisation
time schedule. The proposal will mean full liberalisation of the postal
market in Norway from 1 January 2007.”We welcome free competition, but consider it important for Norway Post to be allowed to compete on the same terms as the other players with whom we will be competing. We should not be given a handicap,” says Norway Post chief executive Kaare Frydenberg. “We have implemented extensive efficiency and restructuring measures in recent years, in preparation for the competition we knew would come. Thus we will face the new situation with competitive products and services,” Frydenberg says.

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