Correos, the Spanish postal service operator, is to invest €750m between 2004 and 2006 and predicts annual turnover increases of 5 per cent for those three years. Management forecasts turnover of €2.2bn for 2006, 19% more than this year’s expected turnover of €1.85bn.
Read MoreThe Spanish post office has said it plans to invest – 750 million over the next three years to enhance its traditional postal services, reinforce its diversification and financial services and look for new business opportunities. Chairman Víctor Calvo-Sotelo said that under its 2004-2006 Strategic Plan, the post office is also aiming to increase its revenues by 5% annually in order to reach – 2.2 billion in 2006.
Read MoreQuality of service report by WIK for the EC covering member states and accession countries:
Austria, Belgium, Bulgaria, Cyprus, Azech Republic, Germany, Denmark, Estonia, Greece, Spain, France, Hungary, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Finland, Slovenia, Slovakia, Turkey, UK
P:LIBRARYPostalEC Postal StudiesQofS Objectives, Performance & Measurement 03.pdf
Report for European Commission by WIK: Quality of Service Objectives, Performance & Measurement Appendices: member states, accession countries, stakeholders view:
Belgium, Denmark, France, Germany, Italy, Netherlands, Norway, Republic of Ireland, Spain, Sweden, UK, Austria, Bulgaria, Cyprus, Czech Republic, Estonia, Finland, Greece, Iceland, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovak Republic, Slovenia, Turkey
P:LIBRARYPostalEC Postal StudiesQofS appendices, members, accession & stakeholders views.pdf
As part of its ‘optimisation’ plan, Correos, the Spanish post office, is to reorganise its property assets in Spain, valued by some experts at between €780m and €1.1bn. To carry out the task, the postal operator has hired the services of the law firm Garrigues and the consultancy Irea, with the first step being the drawing up of an inventory. Correos is thought to occupy some 7,000 buildings in Spain, 1,600 of which it owns and the rest of which are rented.
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