Tag: Germany

Leipzig/Halle is favoured option for central DHL hub

Posted by | Nov 9, 2004 | |

Deutsche Post World Net intends to extend the Airport Leipzig/Halle into the central European hub of its express and logistics subsidiary DHL. Plans for a move to the alternative location Vatry, France, are not pursued any further at present. As no political consensus on an extension could be achieved in Belgium, it is intended to maintain Brussels as a regional hub from 2008 onwards. Until then, DHL plans to keep activities running at the current scale at Brussels Airport. Following the successful finalization of all negotiations and preparations, start of operations in Leipzig could be realized at the beginning of 2008. The Group plans to invest around 300 million euros in the new site and to create around 3,500 jobs by 2012. “This is a location that would pave the way for the necessary growth of DHL in the future and provides the Group with long-term planning security”, says Dr Klaus Zumwinkel, Chairman of the Board of Management of Deutsche Post World Net.

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DHL boss out on US loss

Posted by | Nov 8, 2004 | |

Deutsche Post World Net ousted the head of its DHL Worldwide unit over the weekend after forecasting larger-than-expected losses in the United States. The German mail, express and logistics group said Uwe Doerken will be replaced by John Mullen on the company’s management board. Mullen will run DHL Express Americas, which includes Airborne Express of the US and Loomis of Canada, as well as DHL Express Asia Pacific and Emerging Markets. Deutsche Post said last week its US operations may post a loss as high of more than UDS640 million in 2004 compared to an earlier estimate of around USD250 million as it boosts spending on marketing and ground infrastructure. It said it won’t break even in the US until 2006, a year later than expected.

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DHL commits Euro 128 million for investment in domestic express services in India

Posted by | Nov 8, 2004 | |

DHL today announced an investment in India of Euro 128 million, reinforcing its commitment to the growing Indian economy. The commitment is towards an acquisition of Blue Dart, the premium domestic courier and integrated air express package distribution company. DHL Express has finalised agreements with the founding shareholders of Blue Dart and Schroder Capital Partners Limited, for an acquisition of a majority stake in Blue Dart. The agreement, signed on Saturday, 6th November, gives DHL Express a 68 per cent stake in Blue Dart subject to regulatory approvals. In compliance with statutory requirements in India, the acquisition of 68 per cent of shares in Blue Dart requires DHL to make a 20 percent mandatory open offer to the public shareholders.

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Klaus Zumwinkel to serve another four years as Chairman of the Board of Management

Posted by | Nov 6, 2004 | |

In its meeting of November 6, the Supervisory Board of Deutsche Post World Net renewed the appointment of Klaus Zumwinkel as Chairman of the Board of Management until November 2008. The appointment of Hans-Dieter Petram as Member of the Board of Management for the Mail Corporate Division was similarly renewed until November 2007. Uwe Doerken has vacated his mandate as Member of the Board of Management. He will remain affiliated with the Group as Special Commissioner of the Chairman of the Board of Management. John Mullen (49) was newly appointed as Member of the Board of Management, with his term of office to run until the end of 2008. His area of responsibility is the DHL Express Americas, Asia Pacific and Emerging Markets (EMA) Board Department.

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EU confirms investigating complaint against Deutsche Post

Posted by | Nov 5, 2004 | |

The European Commission confirmed that it has received an complaint against Deutsche Post World Net AG, which said yesterday it faces allegations it flouted state aid rules by allowing its Postbank unit to use Deutsche Post outlets at below market rates. The commission said the complaint was brought by EP Europost AG, which is a letter and parcel delivery company owned by TPG NV.
Amelia Torres, competition spokeswoman, said: ‘The company (EP Europost AG) complained in June. After we received that we decided to send a letter to the German government asking for more information. We are waiting for a reply.’
She added that the commission is expecting a reply from the government in the next few weeks.

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