Tag: Russia

DHL invests in local Russian market

Posted by | Sep 13, 2002 | |

DHL officials revealed their development plans for the Northwest Region of Russia at a press conference Thursday, as well as major plans for investment.

Alexander Danilov, country manager for DHL Russia, said that “By the end of 2002, we are planning to introduce a number of new client services, including Time Definite Delivery and Deutsche Post Global mail.”

Our investments in the development of our business in Russia have reached $50 million, and we are going to invest 10 percent of our profit each year,” said Axel Gietz, corporate-affairs director of DHL Worldwide Express.

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State-owned Russian Post created

Posted by | Sep 9, 2002 | |

Prime Minister Mikhail Kasyanov has signed a decree creating state-owned postal service Russian Post (Pochta Rossii), the government press service said in a statement Friday. The ruling set Russian Post under control of the Communications Ministry.

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Increased e-Access at Russian Post

Posted by | Sep 5, 2002 | |

“Russia’s Communications and IT Ministry expects to increase the number of public-access Internet outlets at Russian post offices to 15,000 by the end of 2003, First Deputy Minister Aleksandr Kiselev said at a press conference on Thursday [5 September].

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Russian Govt Urges Costly Postal Upgrades

Posted by | Sep 5, 2002 | |

“Russia’s Federal Postal Service requires upgrades worth 1bn dollars annually within the next three years, First Deputy Communications and IT Minister Aleksandr Kiselev told a press conference on Thursday [5 September].

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Russian Postal Service needs 3bn-dollar upgrade over three years

Posted by | Sep 5, 2002 | |

Russia’s Federal Postal Service requires upgrades worth 1bn dollars annually within the next three years, First Deputy Communications and IT Minister Aleksandr Kiselev told a press conference on Thursday [5 September].
He said the most urgent requirement is upgrading the service’s 17,000 vehicles. About 60 per cent of them need replacement, which results in slow service and low efficiency, Kiselev said.
He also said the service’s profitability was a mere 4 per cent last year on revenues of R22bn [696m dollars]. Of this amount, 22m dollars was invested in upgrading facilities. Kiselev said the Federal Postal Service hopes to achieve profit margins of 7 per cent in the short-term and 15 per cent in the longer term.
In order to boost profitability, the service is expected to centralize purchasing management and develop express post services, parcel trade, logistics and financial services countrywide, he said. He added that a national postal bank might be created soon.

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