Tag: Switzerland

Swiss Panalpina not interested in Dutch TNT Logistics Division

Swiss logistics company Panalpina Welttransport (Holding) AG is not interested in the takeover of the Logistics division of Dutch mail and logisticscompany TNT NV, Panalpina spokesman Martin Spohn said on December 14, 2005. We are not considering such large acquisition, which is not in line with our strategy to take over small specialised companies, Spohn added. TNT announced its intention to divest the Logistics division earlier in December 2005. The division generates an annual revenue of 3.4 bln euro (USD3.977 bln). Swiss logistics company Kuehne & Nagel International has recently said, a large acquisition was improbable in the near future because the company was engaged with the integration of a large acquisition in France.

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Post Office Networks Abroad

Publication by Postcomm covering:
ownership/profitability, access to post offices, network strategy, provision in urban deprived & rural areas, opening, services, financial services, government services, other services
P:LibraryPostalPostComm Formal DocumentsPost Office_networks_abroad_exec_summary_2005_update.pdf

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Swiss Post to absorb part of VAT costs

Following the Federal Council’s decision in September to open up the postal market, letters weighing more than 100 grams will be subject to VAT from 1 April 2006. This will mean an extra VAT bill of around CHF 30 million for Swiss Post, part of which it will cover itself. In addition, the price of certain products will be reduced. Only B4 letters weighing between 101 and 500 grams will be slightly more expensive; for letters with proof of delivery there is now a single, efficient and economic option: registered mail. For many corporate customers, these slight adjustments will mean a drop in prices as they can claim back the VAT from the tax authorities. The price of letters weighing less than 100 grams remains unchanged. The price watchdog has approved the new prices.

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