Deutsche Post World Net AG plans to invest at least 1 bln eur to expand its mail operations in Europe, management board chairman Klaus Zumwinkel said in an interview with Financial Times Deutschland.
Read MoreRegTP, the German postal and telecoms watchdog, has given its backing to the announcement earlier this week by Deutsche Post, the country’s postal service provider, of a reduction in its postal charges. This will mean that carriage of a letter or postcard will be cut by an average of 7.2 per cent. These price cuts will be valid until the end of 2003.
Read MoreThe German Federal Armed Forces has given the contract for national and international shipments of equipment, medical supplies, consumer goods and documents to Deutsche Post and its express subsidiary DHL.
Read MoreDeutsche Post, Germany’s postal services operator, has adjusted both its turnover and profit forecast downwards. Management now expects turnover of nearly 40bn euros and operating profits of between 2.2bn euros and 2.3bn euros for 2002.
Read MoreToday’s is a tricky row to hoe. There are, I fear, many among you who, in about 800 words’ time, will be hurtling to your own keyboards and dashing off fulminating letters, faxes, and e-mails to the Editor, imploring him to lose not a moment in putting my P45 in the post. You will do this in the name of patriotism. And because you are patriots, you will loyally accept that precious few of your letters, faxes, and e-mails will get to him, and that, should he act on your imploring, my P45 will not reach me for some months, if at all, with the result that I shall continue to churn out my weekly column in complete ignorance – so no change there – until such time as he sends a couple of Wapping heavies round to break my typing-finger.
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