Tag: Germany

Red Parcel Post to compete with Deutsche Post

A former board member of German postal services group Deutsche Post, Dieter Seegers-Kruckeberg, has announced plans to launch a low-cost parcel delivery company in Germany under the name of Red Parcel Post. Using new sorting and delivery technology, Mr. Seegers-Kruckeberg plans to offer significantly lower prices than rivals, such as Deutsche Post. There is speculation that prices could be as low as 2 euros per parcel, at least a third lower than the current market average. Mr. Seegers-Kruckeberg said that he was aiming to bring Red Parcel Post into operation at the end of 2006 or the start of 2007.

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German DHL Express to promote Europlus Courier Service in Poland

German express delivery services provider DHL Express, a subsidiary of mail services group Deutsche Post, will start promoting its new courier service DHL Europlus in Poland on June 1, 2005, Aleksander Morozowski, CEO of the company’s Polish unit, said.

The promotion campaign, which will last for three months, is connected with the recent opening of DHL Express’s international parcels sorting centre in Zabrze, Silesia province, southern Poland.

During the company’s promotion campaign parcels from Zabrze centre will be delivered to countries south of Poland, including the Czech Republic, Austria, Slovakia, Slovenia, France, Italy and Hungary, in two or three working days at a 50 pct discount price, Morozowski added.

DHL Europlus service enables customers to order a courier and to monitor the parcel shipment through the Internet.

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German govt pension fund for Telekom and Post workers needs capital

The German government’s pension fund for former Deutsche Post AG and Deutsche Telekom AG employees will run out of money next month, Spiegel magazine reported in an unsourced pre-release from Sunday’s edition. As a result of the shortfall, Finance Minister Hans Eichel will transfer funds raised through taxes to cover the pension obligations, the magazine wrote. Originally, Eichel wanted to raise 5.5 bln eur through a sale of pension fund receivables and use these monies in 2005 to pay the former Telekom and Post employees. However, Spiegel wrote that Morgan Stanley, whom the government contracted to organize the sale, has not yet come up with a plan for it.

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