DHL Romania completes acquisition of Cargus
Purchase aims to maintain DHL’s position as one of the top players on the local market for express courier services.
Read MoreTag: Romania
Romanian Post undergoes major restructuring
Romanian Post said that it wanted to dispel any rumours regarding possible job losses after a government decision to reorganize the service ahead of full liberalisation.
Read MoreRomanian Post to open 6 post offices in Spain
Romanian Post National Company (CNPR) officially opened (on Oct 9) 6 post offices in 5 cities in Spain where there are large Romanian communities, CNPR operational executive director Mihai Cristian Buciu told.
The six CNPR postal offices in Spain will be opened in Barcelona, Valencia, Castellon and Mallaga (one each) and two in Madrid.
He also stressed that, even though there are requests from other zones in Spain to open some postal offices, CNPR will not continue this year to expand on the Spanish territory.
According to the quoted source, CNPR plans to open 2 more postal offices in Italy by this year end.
Alongside traditional services these offices will also have a service expressly requested by the Romanian communities in Spain, namely the “bill payment service” connected to the Virtual Private Network (VPN) of the Romanian Post.
Through this new service Romanians in Spain can pay directly their utility bills and installments to the Romanian Post partner banks under conditions in which some 40 pct of the money sent by Romanians abroad are used to pay various utility bills and credit instalments.
Officially, in each of the two countries, Spain and Italy, there are over one million Romanians, but unofficially the number might be double.
According to BNR statistics, some 7-8 billion euros enter annually in Romania, money sent by Romanians abroad, especially from Spain and Italy.
Read MoreRomania approves DHL acquisition of Cargus
DHL’s acquisition of Romanian parcel delivery company Cargus has been formally approved by the country’s competition authorities, paving the way for DHL to become the clear leader in the fast-growing Romanian express parcels market.
DHL Romania said in a statement that the Romanian Competition Council authorised the acquisition of Cargus by Deutsche Post World Net (DPWN) on September 4, 2008. The acquisition was originally announced in April, pending approval from competition authorities. The price was not disclosed but given as EUR 50 million by Romanian newspapers.
Under the acquisition agreement, DHL Express and Cargus will remain separate companies and will maintain their present brands and service offering. Integration will focus on operational improvements, exchange of best practices and cost optimisation. However, the companies will work towards single interfaces towards customers.
Read MoreCountry sheet: Romania – Main Developments in the Postal Sector (2006-2008)
Country sheet: Romania – Main Developments in the Postal Sector (2006-2008)
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