Tag: Sweden

Swedish Posten AB signs agreement with Amapola Flyg AB

The Swedish postal services company Posten AB said on the 18th December that it has signed a cooperation agreement with the air transport company Amapola Flyg AB, a subsidiary of Salenia AB.

Under the terms of the agreement Amapola Flyg will gradually take over domestic air mail operations from Posten’s subsidiary Falcon Air AB.

The transfer of operations is to be completed during 2006 when Falcon Air’s aircraft leasing agreement ends.

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2003 stamp price survey confirms worries on excessive tariffs in Europe

The Free and Fair Post Initiative (FFPI) today released its third EU stamp price survey. The study, which this year also covers the ten new EU Member States, confirms the trend towards price increases and highlights the remarkable gaps that exist among current Member States and between them and the accession countries. The FFPI’s research shows that the wide price differences registered in 2002 have not been reduced and that tariffs have in most States registered further raises. In 11 out of 15 current EU Member States stamp prices have been increased in the past year. In addition, requests for price
reviews have been filed by postal operators in some countries where decisions are still pending and will likely be taken in 2004.
Includes stamp prices in the EU-25 for basic domestic letters & EU Stamp Price Chart – Prices in Euro Cents

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Posten Sweden on track to leaner organization

Posten AB, announced yesterday that it has agreed to sell the operations of Swedgiro AB. Swedgiro AB, the wholly owned subsidiary of Posten, Sweden’s national postal service organization, operates in Poland and the Baltic rim countries. The business operations in Poland will be taken over by the company’s management team. The business operations in the Baltic rim countries will be taken over by Finland’s national postal service organization. Swedgiro provides combinations of conventional and electronic mail services. Posten will realize a capital gain on the transaction.

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Posten not out of the woods

A boost in operating earnings has not allayed fears over a ‘major negative cashflow situation’ the head of the Swedish postal company has warned.

Eric Olssen, CEO of Posten, said the post would forge ahead with its restructuring, encouraged by the adjusted operating earnings for the first three quarters of 2003 of SKr-147 million, a SKr278 million increase compared to last year. The company said the improvement was primarily attributable to rate adjustments made at year-end 2002.

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Sweden Post expanding mail sorting terminal

Swedish construction group Skanska have said that its property unit Skanska Fastigheter Stockholm had signed a lease for a new package sorting terminal with the Swedish postal services company Posten.

The agreement was signed for a period of 15 years.

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