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UPS to deliver express mail for Slovenská Pošta

State-run postal service company Slovenská Pošta has signed an exclusive contract for delivery of express mail abroad with the U.S. company UPS Worldwide Forwarding, Inc.

State-run postal service company Slovenská Pošta has signed an exclusive contract for delivery of express mail abroad with the U.S. company UPS Worldwide Forwarding, Inc.

Slovenská Pošta spokesman Juraj Danielis said the company had sought a new, reliable partner for cooperation because of the low quality of express mail delivery in several postage administrations abroad. The express product is becoming ever more important for Slovenská Pošta, which reported that it delivered 13,500 pieces of express mail and received 23,500 pieces in the first half of this year. Danielis said that demand for the service was growing.

It took two years for Slovenská Pošta to find a global operator for strategic cooperation. It negotiated with several important global express mail operators and following evaluation of several criteria including price, global coverage, and compatibility of IT for electronic information exchanges about mail, the UPS bid was chosen as the best.

Slovenská Pošta was established as a state-owned company on January 1, 1993. Its head office has been in Banská Bystrica since 1996. In October 2004, it became a joint-stock company with share capital of Sk6.456 billion. The state owns a 100 percent stake in the company. It has been operating independently without state subsidies since it was founded. It provides services through a network of 1,565 post offices. SITA

Compiled by Zuzana Vilikovská from press reports
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