Building a successful relationship with Maquet – Maquet
Building a successful relationship with Maquet
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Third Party Logistics and Information Technologies – Facts, Figures, Developments and Future Challenges – Fraunhofer Institute for Integrated Circuits
Third Party Logistics and Information Technologies – Facts, Figures, Developments and Future Challenges – Fraunhofer Institute for Integrated Circuits
Read MorePostbank completes integration of BHW and Deutsche Post branches ahead of plan
Deutsche Postbank AG successfully integrated construction bank BHW and 850 Deutsche Post branches into the parent bank on Oct 1, chief executive Wulf von Schimmelmann said.
This was ahead of the original target date of the end of the year.
‘This doesn’t mean that there isn’t anything left to do,’ Schimmelmann told reporters.
‘It will still take a bit of time until all the processes are fully streamlined and all the smaller bits have been take care of,’ he continued.
Postbank took over BHW and the 850 most profitable branches of Deutsche Post in January this year and added another 13,800 or so staff to its workforce of around 9,200.
Read MoreEU to open up postal market from 2009
Europe’s market for postal services will be thrown open to unfettered competition from 2009, according to proposals to be presented by the European Commission as early as next month.
Brussels is keen to sweep away the last remnants of an era in which postal services were dominated by state-owned monopolies, and complete the market’s transformation into a competitive service sector. The Commission also hopes that full postal liberalisation will lead to lower costs for consumers and businesses.
However, the plan could face severe resistance from trade unions worried about job losses, and member states such as France, which are traditionally keen to defend public services against private-sector competition.
The European Union postal services sector is estimated to be worth more than euro90bn (GBP61bn) a year, and employs some 5m people. The market has already seen deep changes in recent years, not least thanks to a landmark EU law from 1997 that allowed competition in an ever-growing number of postal services.
Read MoreTNT aims for 10% share of German Light Mail Market
TNT, the Dutch mail and parcel delivery service provider, is aiming for a 10 per cent share of the German light mail delivery market by 2012, together with turnover of around 1bn euros. The German postal market is to be fully deregulated with effect from the end of 2007, when the country’s former monopolist Deutsche Post will lose its remaining monopoly, in the area of light mail. TNT has more than trebled its turnover in Germany in the course of the past two years, and estimates turnover of 200m euros on that market for 2006. It is concentrating on business customers rather than private mail, but, with the ending of the mail monopoly in Germany, it plans to collaborate with Hermes, the parcel subsidiary of German mail order group Otto, to provide a private postal service. Hermes holds a stake of around 20 per cent in the German light mail subsidiary of the Dutch group.
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