The ECN Group announced today that it has entered into a conditional agreement to increase its shareholding of Australian eCommerce company TEDIS Pty Ltd from 52% to 100%. This move follows the ECN Group's purchase of a majority shareholding in TEDIS in May 2001.
New Zealand Post today outlined to Wellington processing employees further details of the company's plans to upgrade technology in its metropolitan mail centres as part of a five year programme to ensure the business is operating in the most efficient and effective way possible.
The changes, which are part of an $80 million programme of investment to deliver a sustainable and future focused mail business, include the replacement of old mail processing technology with 20 new state-of-the art barcoding and sorting machines.
New Zealand Post Stamps General Manager Ivor Masters today announced the release of a special series of stamps to celebrate Universal Pictures' December 14th release King Kong, from three-time Academy Award® winner Peter Jackson (The Lord of the Rings trilogy).
The five stamps feature actual images from the movie, which have been personally approved by Peter Jackson, and are expected to be hugely popular with King Kong fans, film buffs and collectors of all ages.
Over 4500 community groups from Kaitaia to the Bluff are benefiting this year from New Zealand Post's flagship sponsorship programme, Community Post.
National Sponsorship Manager Victoria Wicks-Brown says that the number of envelopes donated to non-profit organisations has increased by 250,000 in 2005, bringing the total number of envelopes donated nationwide to one million.
"Community Post is a great way for us to help as many and as wide a cross-section of New Zealanders as possible.
The New Zealand Post Group today announced a net profit after tax of $137.2 million for the year ended 30 June 2005, the strongest ever achieved. The result was driven by the continued strong performance of the Postal Services Group and the maiden year profit of Kiwibank, and included a gain on divestment of $78.6 million from the successful joint venture with DHL for Express Couriers Limited.