Oct 22, 2001, (Die Welt /FT Information via COMTEX) — Deutsche Post AG, Germany’s postal services operator, is to keep its letter monopoly until 2007, it was announced yesterday. The monopoly had previously been scheduled to end on 31 December 2002.
Read MoreDeutsche Post, the German post office operator, plans to introduce a new logistics system for e-commerce and mail order. By the end of this month, a pilot scheme will have been launched whereby 24 computer-controlled machines will be installed in Mainz and Dresden, from which customers will be able to collect parcels.
Read MoreDeutsche Post’s parcel delivery service is expected to fall just short of its target for pre-tax returns (between 2.6 and three per cent). The EU Commission has forced it to create a separate marketing and sales company for business customers and the shortfall in earnings is being attributed to the cost of setting up the new division.
Read MoreDeutsche Post AG has welcomed a postal market liberalization accord among European Union governments, saying its sales and earnings opportunities abroad would increase as a result. The 15-member E.U. agreed Monday to the further gradual opening of its EUR80 billion-a-year postal market. It didn’t fix a firm date for full liberalization.
Read Moreabstract from the annual report of the German regulator. Topics include licences, size of mail market, Deutsche Post and competitors and more
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