Deutsche Post AG plans to transform some 200 of its estimated 5,400 postal outlets into postal agencies to be owned jointly with other companies, Bild said, citing no specific sources. The newspaper added the outlets to be transformed are the smaller-sized ones.
Read MoreGerman national postal services provider Deutsche Post is hoping to streamline its costly post office network when it loses its monopoly on letter deliveries at the end of 2007. Deutsche Post believes that the law on the legal obligations of the monopolist (PUDLV) should simply set out a minimum number of post offices to be run by the group, rather than telling the group where exactly to site post offices and boxes. The group also hopes to alter the number of deliveries made in the week.
Read MoreVer.di, the gigantic services sector labour union, wants wage increases of up to 4.5 percent for employees at Deutsche Post, the semi-privatised German postal service, Ver.di board member Rolf Buettner said in a newspaper interview published Monday. The union would be demanding wage increases of 3.5-4.5 percent for the transport sector as a whole, Buettner told the daily Die Welt.
“And I’ll recommend Deutsche Post employees to set their demand at the top end of this range in the 2006 wage round,” the Ver.di official said.
Deutsche Post AG will announce the sale of its 18 hotel properties to an unnamed Munich investor this week, the Sueddeutsche Zeitung reported, without saying where it obtained the information. The newspaper did not say how much the company will receive for the properties, which were originally built to house employees travelling on business. It noted, however, that Deutsche Post has received at least 200 mln eur in recent years from the sale of such non-core assets.
Read MoreA spokesman for Deutsche Post World Net said the company isn’t concerned by the prospect of UPS offering some letter-delivery services in Germany later this year. “We’re watching closely and taking it seriously, but we’re not that concerned, ” Deutsche Post spokesman Uwe Bensien told Dow Jones. On Wednesday, US-based UPS announced it would offer limited letter delivery to customers in Germany and some other European countries, starting in February. Bensien said mail is Deutsche Post’s key business, while it isn’t the core business of UPS, an express package specialist. “We’re set up for this and have the network and know-how,” he said.
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