Deutsche Post of Germany, Netherlands Post Offices (TPG) and La Poste of France have until March 8 to submit binding bids in the part-privatisation of Hellenic Post Offices. The shortlisted companies were asked to submit their proposals on forging a strategic alliance that would be accompanied by a 10 percent holding in Hellenic Post Offices; and the creation of a joint venture in speed deliveries.
Read MoreGermany’s post and telecommunications regulator RegTP will call for postage prices in Germany to be lowered following an investigation into price capping.
Read MoreThe German post office is likely to apply for a licence to collect business mail in the UK following the publication of plans to open the market to competition.
Deutsche Post is the largest in a group of postal and distribution companies thought to be queueing to enter previously closed parts of the UK market now that the regulator, Postcomm, is to end the postal delivery monopoly held by Consignia, formerly the Post Office.
Germany’s Regulatory Agency for Telecommunication and Posts (RTP) plans to introduce a new price-capping procedure to address concerns about the pricing policy of postal services group Deutsche Post AG, Handelsblatt has learned.
RTP vice-president Gerhard Harms said the details of the procedure, the conditions that must be followed, will be decided shortly. The approval for current prices runs out at the end of 2002.
German postal and logistics services group Deutsche Post denied a press report on Friday that it had been making as much as 45 million marks ($11.25 million) a month by charging clients too much tax.
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