The Norwegian Postal Service (Posten Norge) will be facing competition after several Norwegian newspapers have established the company Mediapost which will be distributing newspapers, magazines and books.
Aftenposten, the Labour Press and Orkla Media have taken the initiative to form the new distribution company, and will utilize their own distribution network for the new company.
Read MoreThe Norwegian postal service’s board of directors have decided to reduce its staff by 880 people as of 2004. These cuts come in addition to the 6000 man-labor years that already have been cut from the organization during the last four years.
Read MoreNorway Post’s interim financial report for the first half of 2003 shows growth and a positive development in results. The company’s total operating revenues rose by five per cent. Its result before tax turned from minus to plus, compared with the first half of last year. Underlying operations improved by NOK 150 million. Restructuring projects are progressing according to schedule and the streamlining work continues.
Read MorePosten, Sweden’s national postal service, said yesterday that it acquired Post Denmark’s 50 percent interest in Direct Link Worldwide NV and will make it a wholly owned subsidiary. Posten said the acquisition will allow it to compete better in the international mail markets and bring Direct Link’s strength and globalization to Swedish companies looking to go international.
Read MoreToday, the Commission published a notice in the Official Journal inviting third parties to submit their comments on the so-called Agreement for the Remuneration of Mandatory Deliveries of Cross-Border Mails (REIMS II). REIMS II is an agreement on the remuneration that public postal operators (PPOs)° pay each other for the delivery of incoming cross-border mail. This remuneration is also referred to as “terminal dues”. Seventeen PPOs from the European Union and the EEA are parties to the REIMS II agreement. After receiving the comments of interested third parties to be submitted one month after publication of the OJ the Commission will take a final decision on whether the system of terminal dues can be exempted from the antitrust rules. The Commission will also decide on the length of the exemption to be granted.
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