Tag: Deutsche Post

Deutsche Post rejects proposal to relax letter mail licence

Posted by | Dec 14, 2004 | |

Calls by two federal states for the letter mail market to be opened up early put nationwide provision of postal services at risk, says Deutsche Post. Deutsche Post has soundly rejected the calls made by the German federal states of Hesse and Lower Saxony for the exclusive letter mail license to be relaxed early, saying that the frequently repeated claims that the current legal situation is hindering competition and is putting customers at a disadvantage do not reflect reality and are politically motivated.

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Deutsche Post rejects Commerzbank’s advances to Postbank unit

Posted by | Dec 13, 2004 | |

Deutsche Post, the semi-privatised German postal authority, rejected Monday the advances made by Germany’s fourth-biggest bank Commerzbank to Deutsche Post’s banking unit Postbank.

“There aren’t and have not been any talks with Commerzbank,” a Deutsche Post spokeswoman said, adding that no changes were planned in Postbank’s capital structure.

In a newspaper interview at the weekend, Commerzbank chairman Klaus-Peter Mueller had expressed an interest in a possible merger with Postbank.

“If we were to merge with Postbank, we’d become the biggest bank for private customers in Europe,” Mueller told the Sunday newspaper Welt am Sonntag.

Postbank, which has also been coveted by Germany’s biggest bank Deutsche Bank in the past, has a 11-percent share of the high-street banking market in Germany.

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DHL gets a delivery of its own

Posted by | Dec 9, 2004 | |

Express carrier DHL International is in the process of taking delivery of 140 Eurocargos following the signing of a pan European agreement between Deutsche Post and Iveco.

The deal covers all 7.5-tonne vehicles procured during 2004 by companies within the Deutsche Post World Net group.

The Eurocargo 75E17Ses are being used to replace older 7.5-tonners in the DHL fleet, including a large number of Cargos that have been in operation for between four and six years.

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Deutsche Post extends contract of CFO Ernst

Posted by | Dec 9, 2004 | |

Deutsche Post AG said its supervisory board has extended the contract of the company’s chief financial officer, Edgar Ernst, for a further five years until the end of 2010.

Ernst, 52, has been CFO since 1992 and in a top management position with Deutsche Post since 1990.

He has played a key role in the privatisation and internationalisation processes at the company, Deutsche Post said.

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