Deutsche Post AG’s DHL will invest 250 mln eur yearly in a move to expand its logistics and express mail operations in India and Asia as a whole, chief executive Klaus Zumwinkel said at the opening of a new headquarter for DHL in Bombay.
Read MoreDeutsche Post World Net AG said it has taken a majority stake in Dutch mail service company MailMerge. No financial details were disclosed. Deutsche Post said its Dutch operations and MailMerge – which handles about 40 mln letters every year – have been cooperating closely since the end of 2003. By adding this majority stake, Deutsche Post said it has made its Dutch operations, which include Selekt Mail Nederland, Interlanden, Selektvracht and DHL Global Mail, the Netherlands’ second largest mail service.
Read MoreFrench parcels carrier GeoPost was tight-lipped at the weekend about the surprise departure of Claude Begle, chief executive of Geopost International Management and Development, for arch rival DHL Express. Geopost, a subsidiary of French postal organisation La Poste, declined to say when and why he had left the company. Journalists were referred to the announcement made by DHL last Monday concerning Mr Begle’s appointment as chief operating officer for DHL Express Germany and DHL Express Central Europe. The communications manager for GeoPost, Marion Egal, would say only that it was Mr Begle who had chosen to leave the company and not the company which had decided to dispense with his services. She added that the company’s management team would be reorganised as a result of the departure and an announcement regarding this would be made ‘a bit later’. ‘Our feeling here is that GeoPost management are handling the situation as it is,’ she said, ‘International development is going on.’
Read MoreDeutsche Post AG said it plans to transfer about 850 branches to its Deutsche Postbank AG unit in order to increase the bank’s revenue stream. Deutsche Postbank’s chief executive Wulf von Schimmelmann told journalists the move would lead to a ‘tremendous growth spurt.”I am certain that the positive benefits of this decision will be seen in our figures,’ von Schimmelmann added.
He did not provide any specific earnings or sales projections for Postbank following the transfer. A Deutsche Post spokesman said the branches will continue to operate as post offices despite the management change. Deutsche Post also said the move does not affect its majority stake in Postbank. The German postal company said it has begun talks with the ver.di union on the transfer.
Deutsche Post AG said it has signed a collective wage agreement with trade union ver.di for employees of logistics unit DHL’s Leizig/Halle air cargo hub.
Under the four-year contract, Deutsche Post will introduce a 40-hour week for the 3,500 staff working at the hub.
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