Tag: Poczta Polska

Polish Post Office prepares to face banks

Posted by | Dec 12, 2003 | |

Facing competition from commercial banks, Poczta Polska (PP), the Polish post, is broadening its offer of financial services to individual clients. Bar code reading devices, to be online by Q3 2004, will allow for fast cash transfers to bank accounts from PP offices. Software integration with databases of state-run pension funds will facilitate cash transfers to individuals who collect their pensions at post offices. Along with basic deposit services, PP will also be able to open credit lines, and facilitate credit card transactions.

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New Poczta Polska director plans to extend company's services

Posted by | Oct 13, 2003 | |

Tadeusz Bartkowiak, who was appointed the new head of Poczta Polska (Polish Post) last week, plans to increase PP’s income, implement new services and win new sources of financing for the company’s development. At the moment about 65 percent of the company’s income comes from traditional postal services, such as letter and post card delivering. In the future the share of these services in the income may be reduced to 35-40 percent, mainly as a result of the appearance of new services. Bartkowiak wants his company to start providing e-services and to increase its presence on financial services markets.

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Polish express market

Posted by | Oct 3, 2003 | |

While other economic sectors have struggled in the midst of slackening economic growth across Europe, courier services have remained largely unscathed. Although the market is no longer growing at the breakneck pace of 150% a year, as was the case in the late 1990s, it still saw an increase in both the volume and the value of deliveries in 2002.

Of the 51 companies active on the local market, 25 are recent arrivals which registered last year. Despite the increasingly crowded market, all the major operators saw their revenues grow from 20% (Servisco) to 50% (Masterlink).

The exception was Poczta Polska.

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Restructuring of Polish Post impossible without new legislation

Posted by | Sep 10, 2003 | |

Full restructuring of Poczta Polska (PP), the national post office, will not be finished before Poland’s EU entry, leaving the giant vulnerable to competition. A new Post Act is needed to transform the company into a holding providing a range of postal, logistic, financial and Internet services. After EU entry, PP will lose exclusivity rights for delivery of parcels with weight in the range of 350-2000g and the market will be fully liberalised in 2009. Fearing competition from foreign postal firms, which are already present on the Polish market through subsidiaries offering courier services, PP wants to diversify and more rationally manage its assets.

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Polish Post Office to buy stake in WEA

Posted by | Sep 2, 2003 | |

Poczta Polska (PP), the Polish post office, plans to purchase several cargo planes from a firm owned by Zbigniew Niemczycki, White Eagle Aviation (WEA), which has provided cargo services to PP. This idea is one of several to build a strong logistics company, said PP director for strategic development, Dominik Czajewski. Other ideas include acquisitions of smaller companies by PP, or development of PP subsidiaries to operate in this sector. WEA is 71-percent owned by Niemczycki’s Curtis Group, with the remaining stake controlled by the German travel firm TUI. The cargo firm WEA generates 85 percent of its income through contracts with PP. Earlier this year, the company closed its charter passenger services, following a loss of ZL5m in 2002. At present the company is divided into two groups, one for cargo, and one for services that have not yet been specified. The latter group may be offered to PP, sources say.

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