Poczta Polska looks to new sectors for salvation as competition heats up

Two basic issues in the strategy of Poczta Polska (PP) being prepared currently include more efficient cost managing as well as looking for new sources of revenue. In order to fight new competition from other competing postal services once Poland enters the EU, the PP does not exclude working closely with foreign partners. PP intends to sell insurance policies and set up an Investment Fund Association (AFI). For that purpose it will need around zl. 5 billion. The new strategy will help PP become less dependent from revenue coming from traditional postal services, which in the future will only account only for between 35% to 40% of its income. The remaining revenue will be generated from express and courier mail services as well as IT services. (Rzeczpospolita, p. B5) A.Z.