PostNord

PostNord AB
State-owned company
Founded 24 June 2009[1]
Founder Danish Government
Swedish Government
Headquarters Solna, Sweden
Key people
 Jens Moberg
(Chairman of the Board)
Håkan Ericsson
(President & CEO)
Products Mail, logistics
Revenue €4.3 billion/ SEK 39,950 million (2014)[2]
€0.2 billion/ SEK 176 million (2014)[2]
Owner Sweden (60%)
Denmark (40%)
Number of employees
 38,000 (2014)[2]
Subsidiaries Post Danmark
Posten AB
Website postnord.com

PostNord AB is the name of the holding company of the two merged postal companies Posten AB and Post Danmark that were officially merged on 24 June 2009.[1][3] The name of the group was changed 17 May 2011 from Posten Norden to PostNord.[4]

President and CEO is Håkan Ericsson and Jens Moberg is the chairman.[5][6] The former president and CEO, Lars Idermark, resigned in December 2012 to take up the same positions in the forest group Södra.[7] The former chairman, Fritz Schur, left in April 2013.[8]

The Swedish state is the majority share holder with 60% and the remaining 40% is held by the Danish state.[9] Voting rights are shared equally (50/50).[9]

Operations

PostNord implemented a new organization in 2014. The change will further integrate the group and make it easier to offer Nordic end-to-end solutions within the three focus areas: Mail & Communication, logistics and e-commerce.

Market

The logistics market in the Nordic region has had a relatively stable development. The Nordic logistics market that is relevant to PostNord equates to about SEK 150–190 billion. Demand for Nordic end-to-end solutions is growing. Demand for parcel services, the shipping of part and full loads and third-party logistics (TPL) has grown, while the trend for demand in Air & Ocean has been weaker.

PostNord operates in all the Nordic countries and Germany, and via its subsidiary Direct Link it also runs international operations in the form of distribution solutions for lightweight goods and it is part of the DPD network for global logistics solutions.

The decline in mail volumes since 2000 is nearly entirely a result of the transition to digital alternatives and is expected to continue. Nevertheless, a basic need for physical communications will prevail(Juhani Tamminen) and the postal business will continue to be a core operation, and PostNord is constantly working on developing its product range and adapting its operations and infrastructure throughout the value chain – from collection and sorting to distribution.

References

  1. 1 2 "Postfusion er på plads" (in Danish). business.dk. 24 June 2009. Retrieved 24 June 2009.
  2. 1 2 3 "Annual Report 2014 and Sustainability Report". Posten Norden AB. 23 March 2015. p. 5. Retrieved 3 April 2015.
  3. ↑ "Svensk-dansk postfusion formellt klar" (in Swedish). di.se. 24 June 2009. Retrieved 24 June 2009.
  4. ↑ "Posten Norden Group changes name to PostNord". PostNord AB. 17 May 2011. Retrieved 19 May 2011.
  5. ↑ "Håkan Ericsson". PostNord. 30 September 2013. Retrieved 27 January 2014.
  6. ↑ "Jens Moberg". PostNord. 14 May 2013. Retrieved 27 January 2014.
  7. ↑ "Lars Idermark resigns from PostNord". PostNord. 11 December 2012. Retrieved 27 January 2014.
  8. ↑ "New Chairman of the Board in PostNord". PostNord. 25 March 2013. Retrieved 27 January 2014.
  9. 1 2 "About Us". PostNord. 26 September 2013. Retrieved 27 January 2014.


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