PostNL

PostNL N.V.
Naamloze vennootschap
Traded as Euronext: PNL
Industry Distribution
Predecessor TNT N.V.
Founded 26 May 2011
(as standalone company)
Headquarters The Hague, Netherlands
Key people
Services Post delivery services
Revenue €4.293 billion (2010)[2]
€480 million (2010)[2]
€347 million (2010)[2]
Total assets €8.137 billion (end 2010)[2]
Total equity €2.443 billion (end 2010)[2]
Number of employees
77,155 (end 2010)[2]
Subsidiaries
Website www.postnl.com

Royal PostNL[3] (Dutch pronunciation: [ˈpɔst ɛnˌɛl]) is a mail, parcel and e-commerce corporation with operations in the Netherlands, Germany, Italy, Belgium, and the United Kingdom. It provides universal delivery in the Netherlands, and is publicly listed at Euronext Amsterdam.[4][5] The company was known as TNT N.V. until TNT Express demerged from it in May 2011, and the remainder of the company was renamed PostNL.

History

The split of TNT N.V. was approved at a general meeting on 25 May 2011, and TNT Express demerged from the company. PostNL N.V. was confirmed as the new name for the remainder of TNT N.V.[5] PostNL retained a 29.9% stake in TNT Express on completion of the breakup.[6] Peter Bakker, chief executive officer of TNT since 2001, stepped down at the end of May 2011 with Harry Koorstra becoming CEO of PostNL.[7] April 2012 Harry Koorstra resigned after conflicts with the supervisory board.[8][9] Herna Verhagen became the new CEO.

Operations

Netherlands

PostNL has been assigned by the Dutch government to carry out the UPD (Universele Postdienst, Dutch for Universal Postal Service).[10] Carrying out the UPD requires, amongst other things, PostNL to deliver mail throughout the Netherlands five days a week (Tuesday through Saturday) and to maintain enough mailboxes in the country. ACM is charged with monitoring and enforcing the execution by PostNL.

Rest of Europe

PostNL operates in Belgium, Luxembourg, Germany, Italy and the United Kingdom. The company continued to use the "TNT Post" name in these countries shortly after the demerger, in agreement with TNT Express that it would rebrand by the end of 2014. In late 2013, its Belgian operations were also rebranded as PostNL.[11] TNT Post Germany was rebranded as Postcon in March 2014,[12] and in May TNT Post Italy was rebranded Nexive, using the same logo style as its parent PostNL.[13] TNT Post UK was rebranded as Whistl in September 2014,[14] and in October 2015 PostNL sold a majority stake in the company to its management in a management buyout.[15]

List of Parcel Depots of PostNL in the Netherlands

DepotCity
1Almere
2Amersfoort
3Amsterdam
4Breda
5Den Bosch
6Den Haag
7Den Hoorn, South Holland
8Eindhoven
9Elst
10Goes
11Hengelo
12Leeuwarden
13Ridderkerk
14Sittard-Geleen
15Son en Breugel
16Utrecht
17Waddinxveen
18Zwolle

See also

References

  1. (in Dutch) managementscope.nl, retrieved June, the 8th, 2016
  2. 1 2 3 4 5 6 "Annual Report 2010" (PDF). TNT Mail. Archived from the original (PDF) on 9 April 2011. Retrieved 25 May 2011.
  3. "PDF - Predicaat Koninklijk (overzicht organisaties 2018)". Royal family of the Netherlands. Retrieved 21 August 2018.
  4. "Our Company". 2011-05-26. Retrieved 2011-05-26.
  5. 1 2 "TNT Shareholders approve demerger other results Meetings of Shareholders". 2011-05-25. Archived from the original on 2012-03-10. Retrieved 2011-05-26.
  6. Roumeliotis, Greg (25 May 2011). "Q+A-Split of Dutch mail and express group TNT". Reuters. Retrieved 25 May 2011.
  7. Molenaar, Jeroen; Rothwell, Steve (2 December 2010). "TNT Shifts Strategy to Spin Off Express Division". Bloomberg Businessweek. Bloomberg. Retrieved 25 May 2011.
  8. (in Dutch)"Topman Harry Koorstra stapt per direct op bij postNL", AD, April 19, 2012, retrieved June 29, 2016
  9. "PostNL’s CEO resigns", Postal technology International, April, 2012, retrieved June 29, 2016
  10. "Postdiensten voor consumenten". Rijksoverheid.nl. Rijksoverheid. Retrieved 15 January 2017.
  11. "TNT Post becomes PostNL in other countries too". Postnl.be. Retrieved 2014-05-31.
  12. "Aus TNT Post wird Postcon". Postcon.de. 2014-03-21. Retrieved 2014-05-31.
  13. "TNT Post Italy renamed Nexive". Postal Technology International. Retrieved 4 February 2015.
  14. Banks, Tom (16 September 2014). "Postal service TNT Post rebrands as Whistl". Design Week. Retrieved 5 February 2015.
  15. "Whistl management buy out completed". Logistics Manager. 26 October 2015. Retrieved 8 November 2015.
  16. Member States, Caribbean Postal Union
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