TNT Austrian Subsidiary Cuts Mail Delivery Service

[POSTMAN]

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AUSTRIA – In a move to ‘create value’ the Dutch TNT Group’s Austrian subsidiary, Redmail, has terminated its addressed mail delivery business activities in Austria due to what it describes as ‘limits [on] real competition in Austria’ in that particular market.

Redmail, a joint venture between the Styria Media Group AG and TNT Post, will instead focus on its newspaper logistic services.

In an issued statement TNT says that: “The recently introduced Postal Act, which limits real competition in Austria for addressed mail, has contributed to this decision.

“This Postal Act introduces a mandatory license system for postal services with regard to all mail items up to 50g. Furthermore, access to Austrian mailboxes is difficult. Around 30% of all households have mailboxes that can only be opened with a key and Österreichische Post is the only postal operator with these keys.

“This makes it impossible for other postal companies to deliver addressed mail to these households.”