Joint Venture Between Swiss and Austrian Post

CompaniesTelecoms ♦ Published: December 1, 2010; 16:54 ♦ (Vindobona)

The Swiss and the Austrian Post have planned a joint venture to bundle international activities. The EU Commission has now issued its authorization.

Joint Venture Between Swiss and Austrian Post / Picture: © Swiss Post

On October 15, the merger between the two postal companies was agreed upon, and the last legal hurdle has now been overcome with the approval by the EU Commission. As of the start of next year, the operating divisions for international activities are merged. This applies on the Swiss side to the division Direct Mail of Swiss Post Solutions, and on the Austrian side to the subsidiary…