Netwerk VSP, part of PostNL, has decided to discontinue its activities on the addressed mail market as of 17 December 2011. The current mail market and the economic circumstances offer insufficient perspective to continue these activities profitably in the longer term.

A social plan has been agreed with the works council to assist the employees of Netwerk VSP Geadresseerd, based on the principle of guiding these employees from work to work.

The discontinuation of addressed mail delivery will have no consequences for Netwerk VSP's activities in the area of door to door mail delivery of print advertising.
Since 2006, through its subsidiary Netwerk VSP Geadresseerd BV., Netwerk VSP has been providing weekly delivery of addressed mail throughout the Netherlands for business customers.

About Netwerk VSP

In addition to addressed mail, Netwerk VSP delivers over 7 billion items of door to door print advertising throughout the Netherlands each year, establishing it as the market leader in this area. Netwerk VSP advises its customers on how to make optimal use of their door to door communication, and offers various related data and online services to enhance reach. Netwerk VSP is a full subsidiary of PostNL. The company has over 650 permanent employees and offers work to some 22,000 door to door distributors and 5,000 mail deliverers.

About PostNL

Annually PostNL processes 8.8 billion addressed postal items (including 100 million parcels) and delivers to more than 88 million addresses in the Benelux, Germany, the UK and Italy. PostNL’s main business is mail, parcels and e-commerce. The company also provides services in the area of data and document management, direct marketing and fulfilment. PostNL employs some 77,000 people. In 2010 the company generated a turnover of nearly 4.3 billion Euros.