Pin seeks nationwide presence in German postal delivery market
German private mail delivery company Pin AG plans to push ahead with its expansion in order to gain nationwide presence and become a strong competitor of market leader Deutsche Post, Pin CEO Bernhard Klapproth said. Currently, Pin handles 600,000 mail deliveries daily for large corporate clients and is one of Deutsche Post’s biggest competitors in the segment. By comparison, Deutsche Post handles 70 million letters daily. Pin plans to expand to the cities of Stuttgart and Hamburg. It is already present in Berlin, Leipzig, Cologne and Frankfurt.
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