Tag: Swiss Post

Swiss Post is to acquire the remaining 10% of the shares in logistics company Setz Gütertransport AG. This will give the state-owned postal services a 100% control of the firms capital.
Swiss Post bought 90% of the shares back in 1997 from Hanspeter Setz, then the owner of the company. The original purchase was designed to facilitate the provision of complete logistics solutions in addition to purely mail-related services.
Full control of Setz Gütertransport AG is part of Swiss Posts strategy of continuing to build up a strategic position in the international logistics market.

The Swiss government plans to limit the Swiss Post’s monopoly to letters below 100 grammes from 2006, Swiss news agency SDA said. Currently the Swiss Post has a monopoly on deliveries of up to 2 kilogrammes. The Post’s current monopoly position cannot be upheld on a European scale, Swiss Post minister Moritz Leuenberger said. Nevertheless, the Swiss government has opted for a softer approach compared to the EU, he added. The EU plans to limit national postal services’ monopolies to below 100 grammes by 2003, and below 50 grammes by 2006.

Swiss Post Annual Report 2001