Austrian Post is the leading provider of mail shipping services in Austria. It became a legally impendent entity on 3 March 1999. Austrian Post's main business activities include mail and parcel shipping services as well as the provision of financial services in cooperation with its partner of many years, BAWAG P.S.K. The business area "Postbus Services" ("Postautodienst") was retroactively spun off on January 1, 2000.

Business areas "Mail", "Branch Network", "Kurier.Express.Paket (KEP) and "Media Post" were restructured to meet market demands and have been consolidated into the "Mail", "Parcel & Logistics" and "Branch Network" Divisions.

Business purpose:

1. The provision of services and the creation of the necessary environment to allow the provision of services in the areas of
a. postal services pursuant to the Postal Act (Federal Law Gazette 1998/18) as amended;
b. parcel services;
c. money services;
d. other commercial services, provided that they do not interfere with the duties specified in items a) to c), including without limitation financial services pursuant to the Postal Savings Bank Act (Federal Law Gazette 458/1969) as amended, the transport of goods on motor vehicles registered for road traffic, as well as trading and selling merchandise of all kinds and marketing advertising spaces.
2. The provision of services in the areas of communications and information technology.
3. Planning, building and maintaining as well as operating facilities for the purposes specified in paragraphs 1 and 2.

The company is entitled to engage in all business activities and to carry out all measures that are deemed necessary or useful for its business purpose, including without limitation the purchase of real estate for building branch offices or subsidiaries, both in Austria and abroad as well as the participation in other companies.

Business development – revenue and earnings

Austrian Post performed very positively in the 2007 business year. Total revenues increased by 33.3%, to EUR 2,315.7m. A major contribution to the growth in revenues (about EUR 500m) can be attributed to the initial consolidation of trans-o-flex (Parcel & Logistics Division), acquired at the end of 2006. On balance, revenues from the Mail Division were up 5.3% and the Parcel & Logistics Division improved by 225.3% during the period under review. In contrast, the Branch Network Division posted a decline in revenues of 1.2%.

The 2007 business year once again featured revenue and profit growth. New subsidiaries were acquired in Austria and abroad and successfully integrated.