European Commission approves internal injection of capital

The European Commission has today announced that it approves the internal injection of capital from PostNord Group AB to Post Denmark of DKK 2.3 billion. The injection took place in 2018 and 2019.

“The approval decision is both welcome and gratifying. It’s positive that the Commission shares our view that the internal injection has been granted in accordance with market conditions and thus does not constitute state aid. I’m also pleased with the recent improvement in the Group’s results and the fact that we are now financially strong, which means that we can continue to invest in PostNord’s development in all markets,” says Group CFO Viktor Davidsson.

At the same time, the European Commission has announced that the capital injection of SEK 667 million that PostNord AB received from its owners, the Swedish and Danish states, in 2018 needs to be recovered.

“We’re now awaiting a decision from our owners on the next step,” says Viktor Davidsson.

For further information, please contact:
PostNord Media Relations, tel: +46 (0)10 436 10 10, e-mail: press@postnord.com 

We make everyday life easier. PostNord is a leading provider of parcel and logistics services to, from, and within the Nordic region. We ensure the provision of a postal service to households and businesses in Sweden and Denmark, regardless of where they live and work. PostNord connects companies, public authorities and consumers and enables business, trade and communication in the Nordic region. With our expertise and strong distribution network, we put in place the conditions for the e-commerce, distribution, logistics and communication solutions of tomorrow in the Nordic region. In 2020, the Group had around 28,000 employees and sales of SEK 38.7 billion. The Parent Company is a Swedish public limited company with Group headquarters in Solna, Sweden. Visit us at www.postnord.com