Tag: Deutsche Post

The German association for postal services and telecommunications (DVPT) estimates that Deutsche Post, the German national postal services provider, could reduce its parcel prices for private customers by at least 5 per cent. The association called for a consumer-friendly product combining the advantages of parcel postage with the lower prices offered for small packages. It currently costs at least 7 euros to send a parcel within Germany. A small package, on the other hand, costs just 4.30 euros, but is uninsured and cannot be tracked.

Deutsche Post AG plans to cut its parcel delivery prices for private clients by an unspecified amount in order to compete more effectively with rivals, chief executive Klaus Zumwinkel told Handelsblatt. ‘We want to offer our private clients more attractive products at lower prices,’ Zumwinkel told the newspaper.
He did not specify by how much the German mail carrier’s prices would fall.

Deutsche Post AG board member Hans-Dieter Petram told Focus magazine he expects revenue at its mail division to remain steady after it loses its monopoly status in Germany at the end of 2007. ‘We earn 2.0 bln eur at our domestic and foreign operations annually, and that isn’t going to change when the monopoly expires; we are the best mail company in the world,’ Petram told the newspaper.
Earlier, Deutsche Post said revenues would decline 10-20 pct after the monopoly expires. However, Petram stressed that Deutsche Post prefers to err on the side of caution, calling that forecast ‘a worst-case scenario.’