Poczta Polska post delays implementation of new services

APA - Austria Presse Agentur
25-01-2006, 13:09

Warsaw (Puls Biznesu) – Poczta Polska (PP), the Polish state-owned post monopoly, repeats its promises to implement new services.

Warsaw (Puls Biznesu) – Poczta Polska (PP), the Polish state-owned post monopoly, repeats its promises to implement new services.

PP has for a long time now said that one third of its sales (which amounted to PLN 6.4 billion (EUR 1.7 billion) in the January-October period of 2005) will be generated from financial services. PP promises insurance, ATMs and investment funds.

“In October 2005, a decision was made to launch a pilot sale of insurance offer of PTUW for clients in seven post offices in mazowieckie region (near Warsaw)”, Radosław Kazimierski, PP spokesman said.

Surprisingly, at the end of September, Mariusz Wnuk, then the head of market and financial services department of PP, said that the pilot program is in its final stage.

Also the possibility to pay with credit cards will not be possible for some time.

“ATM tested in Wroclaw (south-western Poland) have not been implemented in other post offices. Today, they do not allow for paying out cash the way you can in ATMs”, the spokesman said.

PP is very slow as far as investment funds are concerned.

“Special teams are preparing agreements with investment fund companies and detailed procedures. The new offer will be launched in 2006”, Radoslaw Kazimierski assured.

PP has been getting ready for the implementation since March 2005. According to initial plans, sales were to be launched in the first half of last year.

(PLN 1 = EUR 0.262)

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Podpis: APA - Austria Presse Agentur

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