Tag: Deutsche Post

German Federal Network Agency approves postal rates for 2008

Posted by | Nov 20, 2007 | |

The Federal Network Agency today approved the rates for 2008 for letters weighing not more than 1000g in Deutsche Post AG’s (DPAG) letter service. Approval took place under the price cap regime.

The rates for private customers remain unchanged. Rates for bulk mail, that is to say for conveyance services with a minimum of 50 letter items posted, will be subject only to ex post controls by the Agency once DPAG’s exclusive licence expires on 1 January 2008.

“Our price cap decisions have kept prices stable for private customers since 2003”, Agency President, Matthias Kurth, said. “In comparison, price levels in most European countries have increased substantially over this period, countries such as France, the UK, the Netherlands, Denmark and Portugal having granted the regulated postal companies scope to raise prices.”

Today’s approvals were preceded by a benchmarking decision in which the basis for postage was fixed for the next four years. The price level for the years 2008 to 2011 results from the difference between the rate of inflation and the rate of growth in productivity. In the 2008 price cap round both benchmarks were approximately the same, so that the price level remained unchanged.

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Regulatory experts from around the world meet at IPC

Posted by | Nov 19, 2007 | |

Twenty-seven regulatory experts from IPC member postal operators, Japan Post and postal operators in Eastern Europe participated in a regulatory experts’ meeting on last week in Brussels. Beginning in 2008, the expert group will meet in Senior Executive Forums which will provide a platform for exchange of views at macro level on regulatory topics.

The meeting provided an opportunity for participants to discuss privatisation and liberalisation. A high point was a presentation on privatisation in Japan by guest speaker Masahiko Metoki, general manager for international strategy at Japan Post; he was assisted by senior manager Shoji Maruyama. Wolfgang Pickavé, director of regulation strategy at Deutsche Post, and Victoria Kickinger, secretary general at Österreichische Post, provided insight into the European experience of privatisation. Discussion on liberalisation kicked off with a presentation from Leen van de Weert, senior advisor, pubic affairs at TNT Post, who outlined legislative progress towards full opening of the Dutch market.

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Deutsche Post repeats has time to look at Postbank in '08

Posted by | Nov 19, 2007 | |

Deutsche Post reiterated on Monday that it would have room next year after the deregulation of the domestic mail market to deal with its Postbank retail bank unit.

Asked about a possible sale of Postbank, Deutsche Post investor relations head Martin Ziegenbalg said on Monday that the priority was to create value for shareholders.

But he reiterated that Postbank was currently not for sale.

Postbank shares extended gains and were up 6.4 percent at 56.06 euros by 1059 GMT, leading gainers on the German blue-chip DAX index

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Williams Lea expands legal offering with LPO business

Posted by | Nov 14, 2007 | |

Williams Lea acquires Centric LPO to develop specialist legal service solutions business, in a market estimated to be worth up to USD 20 billion by 2015.

Global Corporate Information Solutions provider Williams Lea has today announced the acquisition of Centric LPO, giving the company a strong foothold in the Legal Process Outsourcing (LPO) market, which is estimated to be worth up to USD 20 billion by 2015.

The company now becomes Williams Lea LPO and will continue to be led by Managing Director Chris Raybould.

The acquisition comes at a time when law firms are adopting new methods of working, reflecting the needs of their global client base and an increasing demand for pro-active customer service delivery. Additional pressure is being applied through continual advances in information technology and a market trend towards commoditisation. Lawyer’s jobs are being carved up into identifiable tasks that can be outsourced more effectively and quickly by others.

Williams Lea is the leading global provider of Corporate Information Solutions.
Tim Griffiths, Group CEO, Williams Lea said: “This is an exciting business venture for Williams Lea and a natural extension of our existing legal offering globally. Williams Lea is committed to growing its specialist legal service solutions expertise and we believe the move into the LPO space will both reinvigorate and expand our legal proposition. At a time when the market is in its infancy, we know we have a great opportunity to shape and lead the way through our innovative solutions.”

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Deutsche Post gives up minimum wage plan after political parties fail to agree

Posted by | Nov 14, 2007 | |

Deutsche Post World Net AG has given up on its plans to introduce industry-wide minimum wages after German coalition parties conservatives CDU/CSU and Social Democrats SPD failed to agree on it, Die Welt reported.

‘We will accept current conditions,’ the report quoted a spokesman as saying.

Deutsche Post initiated the extension of its minimum wage agreement with services union ver.di, which foresees minimum wages of 8-9.80 eur per hour, to the whole industry.

The plan was supported by SPD, but in the end opposed by CDU/CSU, which argued Deutsche Post’s agreement does not cover enough postal workers to be extended to other postal companies. Both parties failed to come to an agreement during a meeting of a mutual committee governing coalition issues Monday night.

Meanwhile, Deutsche Post’s competitors who created their own employers’ association offered unions to negotiate a separate minimum wage agreement, the report said.

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