POSTEN AB (PUBL)

POSTEN AB (PUBL)

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Company Overview
Posten AB is a limited liability company fully owned by the Swedish Government. The company is engaged in a complete range of services in the postal sector. The supply of basic cashier services is performed by its wholly owned subsidiary, SKS AB, whose activities are confined to services of general economic interest. Posten AB delivers more than 21 million letters per day through a nationwide network of 750 collection and sorting offices. Posten is a private company headquartered in Stockholm, Sweden.
Posten is Sweden’s leading provider of cost-effective postal and logistics solutions. The company was commissioned by the Swedish state to supply service quality and delivery performance nationwide Posten serves approximately 4.5 million homes and almost one million businesses daily.
The Swedish Government requires Posten AB to supply basic payment and cash facilities services throughout Sweden. In exchange, the Swedish Government will compensate Posten for the commercial related parts of SKS AB’s basic cashier services network.
Business Summary
Posten AB is the Swedish national postal service.
Description and history
Posten AB is the Swedish national postal service. Serving a highly dispersed population, Posten AB delivers 21 million letters per day through a nationwide network of 750 collection and sorting offices.

History:
Sweden Post is a biggest mail company in Sweden.The Sweden Post organization was organized during 1996 into nine Group units.Five of these business areas: Sweden Post Letters, Postgirot, Sweden Post Logistics, Sweden Post International and Sweden Post Sales, major units which bear responsibility for the commercial development of Sweden Post’s business concept.Alongside the business areas, a number of Group units operate:Sweden Post Financial Services, Sweden Post Business Development, Postfastigheter AB (real estate) and the Postbolagen Group.

Business Line
Engaged in a complete range of services in the postal sector
Subsidiary
ADDRESSPOINT AB
Advisor
KPMG BOHLINS AB
IPO date

US SIC Code
4311
Company Address
Solna
Terminalvagen 24
City province or state postal code
105 00, STOCKHOLM
Phone: +46 8 781 10 00
Fax:
Country address: SWEDEN
Website url: www.posten.se