Deutsche Post AG will keep its majority stake in Deutsche Postbank AG, chief financial officer Edgar Ernst said in a newspaper interview.
‘The majority in Postbank is a fundamental part of our corporation and this will continue to be the case,’ he told German daily Die Welt in an interview to be published tomorrow.
Deutsche Post holds 50 pct plus one share in Postbank.
Read MoreWincanton in Germany
Read MoreHermes Logistik, the German consumer parcels company, today announced double-digit growth, a surge in the number of parcels sent by consumers, and its entry into the Austrian market this summer.
The operator, a subsidiary of Europe’s largest mail-order company, Otto Group, increased gross sales in the business year ending February 28, 2007, by 11.5% to EUR 1,016 million, with net sales up to EUR 872 million. It does not disclose profit figures.
Volumes in the business-to-consume (B2C) segment grew by 10.3% to 235 million shipments, increasing its German B2C market share to 37% from 35%, it said in a statement. The ProfiPaketService for medium-sized firms launched in February 2006 generated 3,000 new customers its first year.
The fastest-growing business, however, was the consumer-to-consumer (C2C) parcel business. “ We are particularly proud of massive growth in private parcels,” said managing director Hanjo Schneider “With an increase of 79% to 23.6 million items we have substantially reduced the gap on the current market leader.”
Read MoreGO! Express & Logistics is intensifying its activities in the area of sustainability. With the application of gas-powered vehicles – compressed natural gas (CNG) and liquefied petroleum gas (LPG) – GO! is really stepping on the environmentally friendly gas at the start of 2006. As a result the provider of courier and express services is not only reducing environmental pollution but is also decisively cutting its operating costs – especially its fuel costs.
“Thanks to our support for the Nestor II study, a European research project by the Max Planck Institute for Meteorology in Hamburg (MPIMET), we have been able to examine our operational processes and their efficiency from an emission-control point of view. In the process we have received some useful ideas about the areas where optimisation is possible”, explains Ralf-Hans Dierks, CEO of GO! General Overnight Service (Deutschland) GmbH.
The Nestor II team analysed the CO2 efficiency and energy consumption per shipment. The findings were then presented to a large number of participants from the logistics market on 8 December 2005. The CEP data for the study was provided exclusively by GO! The study was rounded off by an industry survey in the form of interviews, and its results showed that the CEP segment is already operating at a very high level of efficiency. Nevertheless the researchers showed potential for improvement in, for example, the use of telematic and navigation systems, the choice of the optimum delivery vehicle and use of alternative fuels.
Read MoreWulf von Schimmelmann is exercising his contractual right to resign from his positions as Chairman of the Deutsche Postbank AG Management Board and as Management Board member at Deutsche Post AG as of June 30, 2007. The Executive Committees of Postbank and Deutsche Post deeply regret this move. They would like to express their thanks for the outstanding entrepreneurial contribution made by Schimmelmann in Postbank’s development as Germany’s leading retail bank and a successful DAX company.
The Executive Committees today resolved to propose Wolfgang Klein as the successor for both offices to the Supervisory Boards. To date, he has been the Postbank Board Member in the private customer segment responsible for products and mobile sales.
Under von Schimmelmann’s aegis, since 1999, Postbank has grown to become the largest retail bank in Germany with almost 15 million customers, has established a successful transaction banking arm, acquired DSL Bank and the BHW Group, integrated 850 Deutsche Post branches and has been listed in the DAX since 2006. Since its IPO in 2004, the price of Postbank shares has more than doubled.
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