Tag: Polish Post

Polish Post planning to develop joint-stock company

Polish Post is aiming to develop into a joint-stock company by the first half of next year. “We are trying to change our company’s status from a public utility enterprise to a joint-stock company,” said PP’s executive director Tadeusz Bartkowiak during a Sejm Infrastructure Committee meeting. “We want the change to occur as soon as possible and we are hoping that the Sejm will be able to work on the issue in the first half of 2005,” he added. The board of directors has accepted the proposal and it is now due to be discussed by the Post Council, which meets on November 23-24.

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Polish Post to Change Structure

In preparation for a fiercer battle with the competition due to the liberalization of the postal market, Polska Poczta (PP) Polish Post will begin changing its structure next year. 100 additional services that PP currently offers on over a dozen markets will be grouped into three main departments – a postal one, a financial one and a logistics one.

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Polish Post on brink of bankruptcy

The Poczta Polska (PP) state-owned postal service may soon face bankruptcy, warned the company’s officials in the Sejm yesterday. PP is in desperate need of a development plan, state subsidies of ZL500m and new regulations that would tone down the liberalisation of the postal deliveries market. The crucial year for PP is 2006, when Poland complies with the EU’s postal services liberalisation. With regards to letters, PP has been a monopoly, but it is now expected to lose one-third to two-thirds of that market. When the changes come, they may cause PP to post a net loss of ZL330m. If that is the case the company will have to sack some 15,000 employees to sustain profitability. Even then bankruptcy will still be a likely scenario. A positive scenario includes higher revenues and profits, but that will require nearly ZL3bn in investments by 2006.

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Liberalized postal market begins to impact on Polish Post

Polish Post is slowly feeling the breath of the competition on the back of the neck, as the market was partially liberalized on May 1. It will be further opened at the beginning of 2006 and become fully liberalized in 2009. “I forecast that we will mainly compete with the German and Dutch post offices, which are the largest operators in Europe. Even worse, they will focus on the most lucrative segments of the market, such as large cities,” said PP’s general director Tadeusz Bartkowiak.

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EU Enlargement – Major players rev up parcel delivery trade

Marek Rozycki spotted a gap in the market for a domestic express operator in 1991 and set up Masterlink with six Czech motorcycles, four of which were not working on the first day.
But, from that inauspicious start, the business took off.

“The market exploded and we grew very rapidly, ” Rozycki says.

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