Austrian Post Cooperates with Swiss Post

People ♦ Published: October 15, 2010; 15:59 ♦ (Vindobona)

The two companies plan a joint venture to bundle international activities in the field of addressed advertising mail.

The meiller direct GmbH based in Schwandorf, Germany, owned by the Austrian Post, as well as its subsidiaries, will start working in early 2011 in a joint venture with the Swiss Post subsidiary Swiss Post Solutions from Bamberg, also in Germany. The joint venture company will belong 65% to the Austrian Post, while the Swiss partner will hold the remaining 35%.

This way, a…