Tag: Europe

Deutsche Post plans acquisitions to expand in Central Europe

Posted by | Dec 22, 2005 | |

Deutsche Post AG plans to make additional acquisitions in Central Europe in order to expand its business in the rapidly growing region, Claude Begle, managing director of DHL Express Central Europe, told the Financial Times Deutschland. ‘We are determined to rapidly expand our Central European operations,’ Begle told the newspaper. Begle, who also serves as the chief operating officer for DHL Express Germany, declined to name any specific acquisitions targets. However, financial industry sources said Deutsche Post is close to acquiring two more parcel delivery firms.

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REaD Group buys pay-as-you-go preference service

Posted by | Dec 22, 2005 | |

Suppression specialist The REaD Group has acquired direct marketing preference service My Right To Be Private (MRTBP) for an undisclosed sum.

The online business, which launched earlier this year, aims to protect consumers from unsolicited product marketing. It charges subscribers for services including having their names removed from lists used by the top 50 UK client companies and being added to the Mailing Preference Service and Telephone Preference Service.

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DHL to acquire leading domestic express company in the Czech Republic

Posted by | Dec 21, 2005 | |

DHL, the subsidiary of Deutsche Post World Net, has agreed to acquire 100 percent of the shares of PPL CZ sro. Based in Prague, PPL is the No. 1 private player in the Czech domestic express parcel market, serving customers mainly from the IT, pharmaceutical and electronic industries. PPL operates more than 450 vans and 11 depots across the Czech Republic. The acquisition follows two strategic objectives: Firstly, to expand business in Central and Eastern Europe and secondly, to combine DHL’s strong international business with a strong domestic business. DHL is the No. 1 player in the Czech international express parcel market.

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ComReg turns down An Post bid for 12c rise in stamp price

Posted by | Dec 21, 2005 | |

An Post’s application for a 25 per cent price rise has been rejected by the regulator ComReg. The State-owned postal firm was seeking a rise in the cost of a standard letter to 60 cent from 48 cent, but ComReg said there was insufficient evidence to support the claim. An Post was granted a rise for large envelopes – from 60 cent to 90 cent – while packets will rise from 96 cent to EUR2. Meanwhile, ComReg yesterday said it intended to appoint a team of accountants or consultants to examine An Post’s operations in further detail. This team will focus on “revenue identification, volume measurement and cost allocation procedures” at the company. ComReg issued a preliminary assessment on the application during the summer but it has now delivered its final position. It is not clear whether An Post may legally challenge the decision.

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