Tag: Poczta Polska

Poczta Polska, the national mail operator, is the country’s second largest employer with more than 100,0000 on its payroll. It’s also a government darling, so much so that its legally protected monopoly on the most profitable segment of the traditional market will be maintained beyond the country’s EU accession expected in May 2004.

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 still state-owned Polish post office Poczta Polska (PP) has applied to sector regulators for an insurance licence which would enable it to take its first steps onto new financial products markets. The new firm would sell property, health and life insurance. The application is part of a strategy that hopes to establish a capital group supervising separate operations in four different areas of business: financial products, Internet, traditional postal services and logistics/courier services.