Deutsche Post to move accounting ops to Eastern Europe; save 500 mln eur a year

Deutsche Post AG plans to reorganise its finance and salary bookkeeping operations and may include outsourcing some operations to the Czech Republic and Poland in a move that is expected to save 500 mln eur a year, the Welt am Sonntag reported, citing Deutsche Post management.

The outsourcing will only affect post workers outside Germany, the newspaper said.

‘We will make a decision in the next 12 to 18 months, where our accounting services in Europe are to be located,’ Frank Appel, Deutsche Post manager for Global Business Services told the newspaper.

The postal carrier plans to save 500 mln eur a year from the restructuring and outsourcing starting in 2009, the report said.