Tag: Poczta Polska

Polish Post’s Monopoly on TV License Under EU Scrutiny

Posted by | Feb 23, 2005 | |

The government has given the state postal service Poczta Polska a monopoly on collecting and controlling the payments for public TV licenses. The National Broadcasting Council (KRRiT) decided that Poczta will receive 6 percent of the gathered funds. The provision amounted to ZL56 million last year. MPs and the KRRiT have decided to look into the matter. KRRiT Economic Department Director Jacek Kufel said Poczta should receive a maximum of 4.5 percent, since the less money Poczta gets, the more funds will be available for public TV and radio broadcasting. It is also possible that the European Commission will look into the monopoly, as Poczta Polska is currently being looked into because of its application for EU subsidies. The government is planning to introduce a new law that would enable competition in the field of fee collection through conducting a tender.

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European Commission takes a closer look at the Polish Post

Posted by | Feb 18, 2005 | |

The European Commission has a problem with Poczta Polska – it wonders whether the special privileges that the Postal Service enjoys are not a disguised form of state aid. Poczta Polska is a public utility enterprise, founded on a legal basis – this special legal status gives its a privileged position over potential competitors. Entities created by force of law are not subject to bankruptcy legislation – put simply, the Polish Post cannot go bankrupt. If it wants to obtain credit from a bank, such credit would be guaranteed by the state. This status was OK for many years, and the EC focused on it only after it received letters from the Polish government, asking it to approve aid programs for the Postal Service. The Commission has not decided yet if the situation of the Polish Post raises any concerns about fairness of competition -currently the Postal Service does not obtain any benefits from its status.

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UPS acquisition of Stolica reflects growing attractiveness of Polish parcel delivery market

Posted by | Feb 15, 2005 | |

United Parcel Service (UPS), the global delivery company, announced last week that it would acquire 100 percent in Poland’s Messenger Service Stolica for an undisclosed sum, in a move reflecting a growing attractiveness of the Polish parcel delivery market in the wake of EU enlargement.

The market of parcels of up to 35 kilograms delivered on the next day is estimated by the delivery companies themselves to have been worth some ZL600 million last year, with about 40 million parcels shipped. The largest player on that market last year was DHL Express Polska (created by the consolidation of Deutsche Post’s DHL and Servisco businesses) with estimated 25-percent share. Stolica was close behind with 22 percent, and Masterlink was third with 12-percent share. UPS had an estimated 5-percent share in the up to 35 kilograms next-day delivery parcels market in 2004, on par with TNT, Spedpol, and the Polish Post’s Pocztex. Szybka Paczka had 9 percent.

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Poczta Polska looks forward to stock exchange debut

Posted by | Jan 31, 2005 | |

The Poczta Polska (PP) state postal network has asked the Infrastructure Ministry to carry out its commercialisation. Tadeusz Bartkowiak, head of PP, explains that it should be transformed into a state-owned company in order to enter the stock exchange market. “From the point of view of its economic condition, the PP is not yet ready to be privatised through the capital market, so the best option would be for the company’s shares to be floated in 2006-2007,” Rzeczpospolita was told by a PP director.

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Commercialisation of Polish Post Urgent

Posted by | Jan 25, 2005 | |

The next parliamentary session will likely see the second reading of a resolution calling on the Sejm to commercialise Poland’s postal service monopolist Poczta Polska (PP). According to an analysis that the Puls Biznesu daily gained access to, such commercialisation should take place as soon as possible. The report, co-authored by PP, PricewaterhouseCoopers consulting company and Kancelaria Wierzbowski i Wspolnicy law firm, points out that in order to avoid the marginalisation of PP, the best solution – albeit an unrealistic one – would be to restructure it as a listed company minority-held by the state Treasury. “International practice shows that currently there is no fully privatised postal company. The Dutch and German post are closest to the ideal. We thus recommend turning PP into a joint stock company listed on the stock market with a majority stake held by the Treasury,” the analysis reads.

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