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Eesti Post, the Estonian national postal service, signed a licensing agreement in Bonn today with Deutsche Post on the use of the PC franking solution STAMPIT HOME. This makes Estonia the third country, following the United Kingdom and Switzerland, whose postal service wishes to offer the innovative franking solution from Germany to its customers. Beginning in autumn, Eesti Post will be testing STAMPIT HOME, adapted for the Estonian market, on 50 pilot customers. Following a successful test run, Eesti Post plans to offer the program to its customers on a continuing basis.
Read MoreDeutsche Post – Headline Q2 05 Figures Beat Estimates But Underlying Results Fall Short
Analysis by Bear Stearns
P:LibraryDeutsche PostDPWN 1st half 04 financial_highlights.pdf
Patients suffering from river blindness and lymphatic filariasis in Africa, Latin America and Middle East may soon heave a sigh of relief, following an agreement reached between DHL and Merik Sharp and Dohme (MSD) to facilitate the delivery of Mectizan to those continents.
A statement signed by DHL’s communications Manager, Daniela Peter said the development would hold a lot of hope to those regions.
Under the new arrangement, which was signed last week DHL will offer at-cost shipping of MECTIZAN from MSD’s facility in Clermont-Ferrand, France to endemic countries through DHL’s reliable air express services. The new agreement builds upon an existing relationship between DHL and MSD and combines the core capabilities of the two companies to ensure rapid and flexible delivery of the drug.
Read MoreDeutsche Post World Net (DPWN), which generates 49percent of revenues from international activities, is looking out for possible acquisitions in the international mail, express and logistics sectors, chairman Klaus Zumwinkel said at the company’s half-year results news conference. He added that in the postal sector, where it was outbid for a 22percent stake in Post Danmark and had decided not to bid for a 49percent stake in Belgian Post, DPWN would take a “pragmatic” approach between acquisitions, holdings and organic growth. Zumwinkel also renewed his call for EU states to agree on a final date for full postal liberalisation. With the end of its domestic postal monopoly on letters weighing less than 50g set for December 31, 2007, the German mail and logistics group is gearing up for full competition in its home market.
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