AUSTRIA: LESS PUBLIC FUNDING FOR THE POST

Article Abstract:

Austria's infrastructure minister Michael Schmid has indicated that state subsidies for the mailing of newspapers and publications of associations, societies, political parties and other interest groups will be reduced considerably. The Post wants Sch 1.3bn for forwarding such mail. Until now it has been paid Sch 900mn per year by the state, and no more than Sch 450mn is allocated for year 2000. The Post says that it suffered a loss of Sch 850mn with this service in 1998 and 1999. Daily papers account for a "low percentage" of the 9,400 printed titles that are forwarded by the post at discounted rates.

Government expenditures, PRINTING AND PUBLISHING, Printing & Publishing

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AUSTRIA: NEW POST BUS COMPANY FOUNDED

Article Abstract:

Osterreichische Post has hived off its bus services, setting up a new fully-owned subsidiary called Osterreichische Post Bus AG. The separation is to take effect by summer 2000. At the end of May 2000, OBB will decide whether to merge its bus services with those of the Post.

Acquisitions & mergers, Transit and Ground Passenger Transportation, Local and Suburban Transportation, Passenger Transportation, Public transportation, Osterreichische Post Bus AG

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AUSTRIA: MAX.MOBIL COOPERATING WITH POST

Article Abstract:

In Austria, Max.mobil is cooperating with Osterreichische Post. The country's 2,300 post offices will in future sell pre-paid Klax.max cards for mobile telephony.

Joint ventures, Radiotelephone communications, Cellular and Other Wireless Telecommunications, Mobile Radio Services, Wireless communications services

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