Austria: Redmail to challenge Osterreichische Post

Article Abstract:

Redmail, a joint venture of Presse Media Service (Styria publishing group) and GFW (controlled by Dutch Post) expects to reach a turnover of Sch 1.2bn to 1.3bn by 2004. By then the new competitor to Osterreichische Post should be covering the entire Austrian market. Initially it is to offer delivery of mass mail, addressed letters of more than 350 grams, and newspapers. The company's turnover in the delivery of unaddressed mass mail amounts to about Sch 230mn, while the Austrian market is worth Sch 3.5bn. The Austrian Post accounts for Sch 1.55bn of the total. The market for letters of more than 350 grams is estimated to be worth Sch 170mn. In the market for newspaper and magazine delivery that is worth about Sch 3bn, Osterreichische Post accounts for about Sch 1.9bn. According to Kurt Schuberl, one of the heads of Redmail, says that the company is open to cooperation with logistics companies and other media groups. Redmail still needs the approval of the Austrian cartel authorities.

Mail & Express Services, Couriers, Private Mail & Express Services, Couriers and Messengers, Courier services, except by air, Delivery services

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Austria: Organisation of VKI under question

Article Abstract:

The Austrian association for consumer information, Verein fur Konsumenteninformation (VKI) is to be offered an extra 20% of funding from the chamber of employment (Arbeiterkammer), which will theoretically force the government to increase its VKI funds too, as the government and chamber of employment have to fund the organisation equally. However, consumer protection minister, Dieter Bohmdorfer is resisting the move and prefers plans under which representatives of youth and pensioners are also members of the VKI, although it is not yet decided whether they would have to pay. The chamber of employment would rather these groups made up a committee to advise the VKI.

Government expenditures, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Consumer Protection Laws, Consumer protection

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