Tag: Deutsche Post

Germany’s Federal Minister of Economics, Wolfgang Clement, presented Heinrich-von-Stephan medal to Chairman of Deutsche Post World Net’s Board of Management, Dr Klaus Zumwinkel.

Zumwinkel accepted the award in front of 1,500 invited guests in Berlin. He was given the medal “in honour of his great service to the development of postal services in Germany”. Thanks to Zumwinkel’s work as Chairman of the Board of Management over the last thirteen years, Deutsche Post has been transformed from a deficit-ridden national authority into one of the world’s most successful logistics groups.

The Federal Constitutional Court of Germany has ruled that the monopoly held by Deutsche Post, the German postal service, is not an infringement of the German constitution. Six other companies which had hoped to break into the market for postal services had complained about the exclusive licence held by Deutsche Post for the delivery of letters and catalogues, claiming that the sole purpose of the licence was to protect Deutsche Post against competition and to increase the value of shares in the company.

The head of Deutsche Post AG, Klaus Zumwinkel, has confirmed that a higher dividend payment from the postal and logistics group was possible if results improved this year.

“It depends on this year’s results,” Zumwinkel said at a Deutsche Post event in Berlin. “My finance chief (Edgar Ernst) has already said that in the event of an appropriate rise in earnings we will pay a higher dividend.”