TPG German unit aims to expand letter delivery network in Germany

TPG NV’s German unit EP Europost AG aims to expand its letter delivery network in Germany and have a market share of up to 10 pct by 2007 for letters weighing over 100 grams, EP Europost’s management board chairman Alex Eglseer said in a pre-release of his interview with weekly WirtschaftsWoche magazine. Eglseer also said by end of this year it wants to sell stamps for letters of over 100 grams at prices that are 15-35 pct below those sold by Deutsche Post World Net. AG.

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