CTT Correios de Portugal

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CTT - Correios de Portugal
legal form Joint stock company (SA)
ISIN PTCTT0AM0001
founding 1520
Seat Lisbon , PortugalPortugalPortugal 
management Luís Nazaré, Chairman of the Board
Number of employees 15,374
Branch logistics
Website Homepage

Post sign, Avenida Dr. Francisco Sá Carneiro, Albufeira .

CTT - Correios de Portugal, SA is the Portuguese State Post . The name CTT , which is written out Correios, Telégrafos e Telefones (letters, telegraphs, telephones), is also common.

history

Postbus of the CTT

King Manuel I of Portugal founded the first Portuguese post office in 1520 under the name serviço de correio público ("Public Courier Service"). But it wasn't until thirteen years later, in 1533, that the post office began regular operations. For centuries the post was under the king's control. In 1821 the post office began door-to-door service. In 1880 the Royal Post was merged with the Telegraph Office, resulting in the Direcção-Geral de Correios, Telégraphos e Faróis ("General Directorate for Post, Telegraphs and Lighthouses"). In 1911 it was spun off into its own department, which was called Administração-Geral dos Correios, Telégrafos e Telefones ("Headquarters of Post, Telegraphs and Telephones"). The abbreviation CTT, which was used until now, also comes from this name. Swiss Post has had the tab as its logo since 1953.

CTT mailboxes: red for normal mail and blue for priority mail.

In 1969, the post was transformed into a public company ( empresa pública ) with the new name CTT - Correios e Telecomunicações de Portugal, EP . In 1992, Prime Minister Cavaco Silva had the company converted into a joint stock company, with the Portuguese state remaining the owner. At the same time, the government spun off the Post's telecommunications division into a new company called Portugal Telecom .

In 2007, CTT operated 903 post offices and 1929 post boxes across Portugal.

In 2013, 68.5% of the share capital went public on Euronext in Lisbon. On September 5, 2014, the secondary placement of the remaining 31.5% of the share capital, which was still owned by the state, took place exclusively for institutional investors .

services

A typical CTT branch in Santarém

CTT offers a wide variety of services, some of which CTT has now outsourced to subsidiaries.

  • CTT Correios - national and international postal service
  • CTT Expresso - national and international express service
  • Mailtec - information service provider
  • PostContacto - service for unaddressed letters and mailings
  • Campos Envelopagem - specialized marketing service for large companies
  • PayShop - Internet payment service
  • Phone-ix - mobile operator (in cooperation with TMN )
  • Postal - financial services (in cooperation with the CGD )
  • CTT Express (formerly Tourline Express ) - courier services in Spain

Its origins go back to 1520, a time when the monarchy ruled Portugal and people traveled on foot, on horseback or in a carriage. Hence the image of the rider riding a horse and blowing the trumpet to announce the arrival of the courier.

Web links

Commons : Portuguese Post  - collection of pictures, videos and audio files

Individual evidence

  1. ↑ a b c Annual Report 2007 (PDF file, 119 kB)
  2. ↑ Ações dos CTT começam a negociar na Euronext após sucesso da privatização. In: euronext.com. December 5, 2013, accessed May 29, 2020 (Portuguese).
  3. ↑ CTT Express Homepage. In: cttexpress.com. Retrieved May 29, 2020 .