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Measuring the Efficiency Levels of Companies Operating in the European Postal Sector: a Nonparametric Approach
Measuring the efficiency levels of companies operating in the European postal sector: a nonparametric approach 4 February 2020 Name: Robin Kamphorst Registration number: 960903419060 Supervisor: dr. ir. Frederic Ang Chair group: Business Economics (BEC) Study program: Master Management, Economics and Consumer Studies (MME) Course code: BEC-80436 Preface This thesis was written in the second year of the Master Management, Economics and Consumer Studies at Wageningen University, The Netherlands. The research was done under supervision of dr. ir. Frederic Ang, who is part of the Business Economics Group (BEC). This process started in September 2019 and finished in February 2020. The aim of this thesis was to analyze the efficiency levels of companies operating in the European postal sector, to indicate where improvements could be made. A comparison between the efficiency levels of private- and state-owned companies was of particular interest. The data was also plotted against time to investigate trends in the development of the efficiency levels. I would like to thank Frederic Ang for his supervision, as I appreciate the valuable input I got from our meetings. I would also like to thank my peers for their support during this process. Barneveld, February 2020 Robin Kamphorst DISCLAIMER: This report was written by a student of Wageningen University as part of the master programme under the supervision of the chair Business Economics. This is not an official publication of Wageningen University and Research, and the content herein does not represent any formal position or representation by Wageningen University and Research. This report cannot be used as a base for any claim, demand or cause of action and Wageningen University and Research is not responsible for any loss incurred based upon this report. -
Posta Stamps Nr. 39
Posta Stamps No. 39 Faroe Islands February 2019 ...................................... - The Faroese Provisionals of 1919 - V.U. Hammershaimb 200 years - The Moon Landing 1969 - Europa 2019 - Faroese Watermills Test proof The Faroese Provisionals of 1919 The Chair Leg Overprints the overprinted 2/5 øre stamps, the The provisional stamps from 1919, where so-called “chair leg” overprints. lack of stamps made it necessary to over- print stamps to meet demand, are highly The most important functionaries of the sought after among stamp collectors. Tórshavn post office were Postmaster Ras- mus Kristensen Pilgaard (1st June 1917 – It is perhaps an irony of fate that the postal 31st October 1922), postal clerk Andreas impact of the Faroe Islands (in philatelic Ejnar Emil Godskesen Andersen (6th June context) - apart from the English censorship 1917 – 30th April 1920) and postal assistant – was not felt until after World War I. This Laurits Diderik Hansen (1st Novemer 1918 – may be why the situation was underesti- 30th April 1925), later inspector (1st July mated and not given timely consideration 1931 – 31st December 1946). Thus, all those by the Danish postal authorities when they responsible for the functioning of the Tór- decided to raise postal rates as of January 1, shavn post office at the time were Danish. 1919. The new rates were published in Dim- malætting (the largest Faroese newspaper Already in December 1918, Postmaster Pil- at the time) on December 14, 1918. The rate gaard had become aware of the precarious for ordinary letters up to 250 grams went situation. He sent a telegram requesting from 5-øre to 7-øre. -
PIP – Market Environment PIP – Pressure
Bernhard BukovcBernhard Bukovc The New Postal Ecosystem PIP – market environment PIP – pressure Mail volumes Costs Political expectations Organization ICT developments Market expectations Competition PIP – mail volumes > 5 % < 5 % + Post Danmark Deutsche Post DHL China Post Poste Italiane Australia Post Luxembourg Post Correos Swiss Post Itella Le Groupe La Poste Austria Post Hongkong Post PTT Turkish Post Correios Brasil Pos Indonesia Posten Norge NZ Post Thailand Post India Post Singapore Post PostNL Japan Post PIP – parcel volumes - + Mainly due to domestic Average growth rates per year economic problems (e.g. a between 4 – 6 % general decline or lower growth levels of eCommerce) PIP – eCommerce growth 20 - 30 China, Belgium, Turkey, Russia, India, Indonesia 15 – 20 % 10 - 20 Australia, Italy, Canada, Germany, Thailand, France, US online retail sales 0 - 10 Japan, Netherlands, annual growth until 2020 Switzerland, UK PIP – opportunities PIP – some basic questions What is the role of a postal operator in society ? What is its core business ? PIP – some basic questions What is the postal DNA ? PIP – bringing things from A to B PIP – intermediary physical financial information B 2 B 2 C 2 C 2 G PIP – challenges PIP – main challenges • Remaining strong & even growing the core business • Diversification into areas where revenue growth is possible • Expansion along the value chain(s) of postal customers • Being a business partner to consumers, businesses & government • Embracing technology PIP – diversification Mail Parcel & Financial Retail IT services Logistics & Telecom Express services freight PIP – value chain Sender Post Receiver PIP – value chain mail Sender Post Receiver Add value upstream Add value downstream • Mail management services • CRM • Printing and preparation • Choice • Marketing • Response handling • Data etc. -
Napoleonic General (LZ) Catalogue
Catalogue 168 pages of colour rich information with an introduction by writer Charles Singleton, this supplement for Pike & Shotte describes the history, armies, personalities and battles of the English Civil War. Included are detailed scenarios based on some of the most famous battles, complete with maps and orders of battle £22.50 SEASON OF BATTLE CARD FIELD OF BATTLE etc - One 54 card deck of wargames style battlefield maps. The FOB campaign System BUT USEFUL for ANY wargamer as a random Terrain Generator . £22.50 AMERICAN CIVIL WAR SMOOTHBORE ARTILLERY (SMOOTHBORE ORDNANCE JOURNAL VOLUME 10) Summerfield, Dr S 143pp., 4to, fully illus., large format pbk 38 scale plans, 107 tables, 135 photos. of contemporary & surviving ordnance covers graphically & in detail every aspect of the vital smoothbore elements of ACW artillery. £20.00 AMERICAN REVOLUTION : THE FRENCH - COMMAND & COLOURS TRICORNE - COMPASS GAMES - - £82.50 Armies of the Medieval Italian Wars 1125-1325 - Ospery MAA 523- £10.99 ARMY OF THE DUTCH REPUBLIC, 1713-1772, PART I: INFANTRY FOR ORANGE AND THE STATES. THE - £17.50 BY FORCE OF ARMS - AUSTRIAN ARMY IN THE SEVEN YEARS WAR 2) Duffy Mint hardback £65.00 HANDBOOK OF THE BELGIAN ARMY 1914 Mint hbk facsimile of British General staff study £29.50 HUSSAR SERGEANT IN THE KING'S GERMAN LEGION: The Memoirs of Cavalry Sergeant Ebbecke, 2nd Hussar Regiment, King's German Legion 1803-15 - This short memoir of Sergeant Ludwig Ebbecke was published in German in 1851, but has never before been translated into English. He served at Stralsund, the Siege of Copenhagen in 1807, and was nearly shipwrecked on the passage back to Britain. -
Posta Stamps Nr. 48
Posta Stamps No. 48 Faroe Islands April 2021 - Cz. Slania 100th Anniversary - ILA / Covid-19 in the Faroe islands - Art: Ingálvur av Reyni - Bishop's Copes ÚTGÁ N· V V U A D A H S G R 12.08.2021 I N Ó T Test proof Cz. Slania 100th Anniversary This year, Posta is celebrating the 100th made fake identity papers for the Polish re- anniversary of master engraver Czeslaw sistance movement. Slania (1921-2005). Slania was born on Oc- tober 22, 1921, in the small town of Czeladz After the war, in 1945, Slania entered the in Poland. Slania is considered one of the Graphic Department at the Krakow Acade- world’s most productive and accomplished my of Arts, where he gradually specialized engravers. He engraved over 1,000 postage in engraving techniques, among them etch- stamps for 32 different countries around ing and copper engraving. the world and became renowned for the precision, speed and sophistication of his Even before his training was over, Czeslaw work. While working on stamps he also en- Slania was employed by the Stamp Printing graved a great number of other works, in- Company of the Polish Postal Administra- cluding banknotes, and was appointed the tion, where he worked for 6 years. Royal Court Engraver of Sweden, Denmark and Monaco. During his lifetime, he re- In 1956, Slania moved to Sweden. At first, ceived a number of honours and awards for there was not much work to be found for his work. this very talented artist, but after a few years, he was hired by the Swedish Postal Already as a child, Czeslaw Slania demon- Administration. -
The Basques of Lapurdi, Zuberoa, and Lower Navarre Their History and Their Traditions
Center for Basque Studies Basque Classics Series, No. 6 The Basques of Lapurdi, Zuberoa, and Lower Navarre Their History and Their Traditions by Philippe Veyrin Translated by Andrew Brown Center for Basque Studies University of Nevada, Reno Reno, Nevada This book was published with generous financial support obtained by the Association of Friends of the Center for Basque Studies from the Provincial Government of Bizkaia. Basque Classics Series, No. 6 Series Editors: William A. Douglass, Gregorio Monreal, and Pello Salaburu Center for Basque Studies University of Nevada, Reno Reno, Nevada 89557 http://basque.unr.edu Copyright © 2011 by the Center for Basque Studies All rights reserved. Printed in the United States of America Cover and series design © 2011 by Jose Luis Agote Cover illustration: Xiberoko maskaradak (Maskaradak of Zuberoa), drawing by Paul-Adolph Kaufman, 1906 Library of Congress Cataloging-in-Publication Data Veyrin, Philippe, 1900-1962. [Basques de Labourd, de Soule et de Basse Navarre. English] The Basques of Lapurdi, Zuberoa, and Lower Navarre : their history and their traditions / by Philippe Veyrin ; with an introduction by Sandra Ott ; translated by Andrew Brown. p. cm. Translation of: Les Basques, de Labourd, de Soule et de Basse Navarre Includes bibliographical references and index. Summary: “Classic book on the Basques of Iparralde (French Basque Country) originally published in 1942, treating Basque history and culture in the region”--Provided by publisher. ISBN 978-1-877802-99-7 (hardcover) 1. Pays Basque (France)--Description and travel. 2. Pays Basque (France)-- History. I. Title. DC611.B313V513 2011 944’.716--dc22 2011001810 Contents List of Illustrations..................................................... vii Note on Basque Orthography......................................... -
Alessandra Fratini [email protected]
WebConference on postal, delivery and ecommerce economics and policy 19 May 2020 Summary I. Role of the State/State aid: overview of measures & legal bases 1. Non-aid 2. Compensation of USO 3. Compensation of other SGEIs provided by postal operators or via postal network 4. Pension relief 5. State guarantees 6. Other measures II. Role of the State/State aid in COVID-19 times 1. Temporary Framework: liquidity measures, recapitalisation? 2. FDI screening? 2 Measures&legal bases 1/6 1 Measures not constituting State aid Poste Italiane: remuneration of current account deposited with Treasury (2008, 2019: no advantage); remuneration for distribution of postal saving products (2006: MEIP; 2008: Altmark 4) Royal Mail: 3 loans measures (2009: MEIP) bpost: 2 capital injections (2003, 2012: MEIP) Correos: 3 capital injections (2018: MEIP) Post Danmark: capital injection by PostNord; VAT exemption under Article 132(1)(a) of VAT Directive (2018: not imputable to State) 3 Measures&legal bases 2/6 2 Compensation of USO - Article 106(2) TFUE 1. Poczta Polska: 2006, 2009, 2015 (compensation fund) 2. ELTA: 2003, 2012, 2014 (compensation fund withdrawn) 3. Poste Italiane: 2002, 2008, 2012, 2015 4. bpost: 2003, 2015 5. Correos: 2018, 2020 6. Czech Post: 2018 7. Post Danmark: 2018 4 Measures&legal bases 3/6 Compensation of other SGEIs - Article 106(2) TFUE 3 AnPost: 2002 (counter network) Posten AB: 2002 (basic cashier services) Post Office Ltd: 2007, 2010, 2012, 2015, 2018 (post offices network and over-the-counter access to a set of services) Poste -
Færøerne Tourist Guide 2016
GRATIS FÆRØERNE TOURIST GUIDE 2016 www.visitfaroeislands.com Download vores gratis app FAROE ISLANDS TOURIST GUIDE propellos.dk Kom tæt på oplevelserne Vi gør det nemt for dig: Lad 62°N rådgive om hvordan I får mest ud af jeres ophold på Færøerne – vi klarer også det praktiske. Så kan du roligt nyde din tur. » Fly » Hotel Let us fly you to » Billeje » Sommerhuse the world's BEST ISLANDS » Udflugter » Pakkerejser » Rundrejser » Temarejser » Grupperejser Lad os flyve dig til Færøerne - kåret til verdens bedste øsamfund af National Book Geographic Traveler. din rejse på Vi flyver hele året fra København, Billund, Bergen, Edinburgh og Reykjavik 62n.fo/da og om sommeren også fra Aalborg, Barcelona og Mallorca - direkte til Færøerne. Læs mere og bestil din rejse på www.atlantic.fo Atlantic Airways Vága Floghavn 380 Sørvágur Faroe Islands Tel +298 34 10 10 Signaturfor klaringer: Akvarium Apotek Aktiviteter ....................................................................................................................6 Bank EVENTYRET Bibliotek Hot Spots på Færøerne ......................................................................................... 10 Kort, områder og transport ................................................................................... 14 Bilværksted BEGYNDER HER Biograf Fakta om Færøerne ............................................................................................... 16 Bus GreenGate Incoming - Din rejsepartner på Færøerne Camping Introduktion og temaer Fitnesscenter Færøsk festival- og musikliv .................................................................................18 -
Kompletní Ceník Služeb
Příloha č. 1 Všeobecných obchodních podmínek Zásilkovna s.r.o. Kompletní ceník služeb KOMPLETNÍ CENÍK DORUČENÍ NA VÝDEJNÍ MÍSTA ZÁSILKOVNY ............................................................................................................... 3 STANDARDNÍ ZÁSILKY ........................................................................................................................................................... 3 NADROZMĚRNÉ ZÁSILKY ....................................................................................................................................................... 3 DORUČENÍ DO ČR A ZAHRANIČÍ .................................................................................................................................. 4 CZ ZÁSILKOVNA VEČERNÍ DORUČENÍ NA ADRESU ........................................................................................................................ 4 CZ ZÁSILKOVNA DOMŮ HD* ................................................................................................................................................. 4 CZ NADLIMITNÍ ZÁSILKY ....................................................................................................................................................... 4 SK DORUČENÍ NA ADRESU* .................................................................................................................................................. 4 SK SLOVENSKÁ POŠTA HD.................................................................................................................................................... -
Partie Matières
PARTIE MATIÈRES certains taux maxima des rentes allouées ACTIONS EN NULLITÉ DE VENTES D'IM aux victimes d'accidents du travail MEUBLES MAL LOTIS. — Voir IMMEUBLES. (n° 548, année 1931). — Vote de la question préalable .[6 juin], p. 496. ACTIONS JUDICIAIRES CONTRE LES ÉTA A BLISSEMENTS PUBLICS. — Voir ÉTABLISSE 4 — Transmission d'une proposition de loi, adoptée par la Chambre des députés, MENTS PUBLICS. ABEILLES. — Voir DOUANES, 10§. tendant à l'ajustement des rentes des vic times ou ayants droit des victimes d'acci ADMISSION TEMPORAIRE. — Voir DOUA dents du travail sur la base d'un .salaire NES, 64 , 70, 77, 78, 84, 85 , 96. ABORDAGE DANS LA NAVIGATION INTÉ annuel de 12.000 fr. Renvoi à la com RIEURE. — Voir CONVENTIONS ET TRAITÉS, 33. mission de l'hygiène et, pour avis, à la ADOPTION. — Transmission d'une pro commission des finances, n° 463 [20 juin], position de loi, adoptée par la Chambre ABSOLUTION PÉNALE. — Proposition de p. 571. des députés, tendant h modifier l'article loi tendant i conférer aux tribunaux, dans 344 du code civil sur les conditions exi des cas exceptionnellement favorables, et Voir CODE DU TRAVAIL, 2. — CONVENTIONS gées pour l'adoption. Renvoi à la commis quand il s'agit de délinquants qui n'ont ET TRAITÉS, 44. sion de législation, n° 437 [13 juin], jamais été condamnés, le droit d'absolu p. 545. tion pénale (n° 26, année 1931). — Vote de ACCORDS la question préalable [16 février], p. 159. AÉRONEFS. — Dépôt d'un projet de loi, — d'Alexandrette. — Voir INTERPELLA adopté par la Chambre des députés, ten ACCESSION A LA PROPRIÉTÉ DES VICTI TIONS, 6. -
A Journal of American Postal History Is Published Six Times a Year with Issues by Tom Clarke
August - September 2000 Volume 31, Number 4 Whole Number 184 IN THIS ISSUE: The Columbus, New Mexico, Pancho Villa Raid: A Postal History Viewpoint LA POSTA: A JOURNAL By Michael Dattolico .......... 9 OF AMERICAN POSTAL West Virginia Research Papers—Hundred By Alyce Evans .......... 20 HISTORY The Disappearance of the Cherokee Nation, 33470 Chinook Plaza, Suite 216, 1889-1907 Scappoose, OR 97056 By Richard W. Helbock .......... 23 Website: www.la-posta.com Publisher: Richard W. Helbock Remnants of the Fair Associate Editors: By Kirk Andrews .......... 47 Henry Berthelot Tom Clarke Rod Crossley Michael Dattolico Martin Margulis Bob Munshower The Post Offices of Grant County, Kentucky Dennis H. Pack James Patterson By Robert Rennick .......... 50 Robert G. Schultz Randy Stehle Advertising Manager: Cathy R. Clark COVER: Our cover illustration reproduces a picture which A Fourth-class Postmaster’s Account Book appeared under the headline “Villa, the Raider” in the By Randy Stehle .......... 58 Columbus Evening Dispatch on March 9, 1916. Its use here is intended to call attention to Michael Dattolico’s fascinating article on the subject of postal history associ- ated with the raid. Philadelphia’s Flirtation With the Octagon La Posta: A Journal of American Postal History is published six times a year with issues By Tom Clarke .......... 67 mailed on or about the 20th of February, April, June, August, October and December. Persons wishing additional information about advertising, manuscript submittals or subscription should contact the publisher at 33470 Chinook Plaza, Suite 216, Scappoose, OR 97056 Also Postal History Notes & Reviews SUBSCRIPTION RATES: U. S. A. - $20.00 per annum (6 issues) CANADA - $28(US) per annum (6 issues) OVERSEAS - $32.00 per annum surface - $55.00 per annum airmail 2 September 2000 La Posta LA POSTA SUSTAINING SUBSCRIBERS The following individuals and institutions have contributed financial assistance to La Posta in excess of their subscriptions. -
The Global Spin-Off Report
THE GLOBAL SPIN-OFF REPORT May 23, 2011 TNT N.V. Partial Demerger of TNT Express N.V. Pre-Demerger: TNT N.V. Price: EUR 16.30 per share Ticker: TNT NA Est. FV (s.1/s.2/s.3*): EUR 15.93 /16.66/34.87 per sh. Dividend: EUR 0.57 per share 52-Week Range: EUR 15.42 – 23.45 per share Yield: 3.50% Shares Outstanding: 379,965,260 Market Capitalization: EUR 6,192 million Est. Fair Value Mkt Cap: EUR 6,054/6,330/13,251 million Post-Demerger: PostNL N.V. (formerly, TNT N.V.) Est. FV (s.1/s.2/s.3*): EUR 7.91/7.16/13.44 per sh. Ticker: TNT NA Est. Shares Outstanding: 379,965,260 Dividend: Min. EUR 150 mm Est. Fair Value Mkt Cap: EUR 3,007/2,721/5,106 million Yield: n/a Demerged Entity: TNT Express N.V. Est. FV (s.1/s.2/s.3*): EUR 8.02/9.50/21.43 per sh. Ticker: TNTE NA Est. Shares Outstanding: 379,965,260 Dividend: n/a Est. Fair Value Mkt Cap: EUR 3,047/3,609/8,145 million Yield: n/a Important Notes: s.1, s.2, and s.3 refer to scenarios 1, 2, and 3 presented in the ‘Investment Summary’ section of this report. *Importantly, the ‘s.3’ valuation scenario presented herein is based on longer-term management projections for the 2015 financial year. Moreover, the figures are presented on an undiscounted basis. Such figures have been provided for reference purposes only.