Tag: Germany

Deutsche Post Austrian talks near collapse

Posted by | Aug 23, 2004 | |

Plans by Deutsche Post to acquire a majority stake in Austria’s post office are on the brink of collapse over the lack of political backing.

The Austrian deal is central to the German postal and logistics supplier’s plans to expand its pan-European mail network.

OIAG, the Austrian state holding group and 100 per cent owner of the post office, was considering the privatisation of 50 per cent of the country’s post office by 2006.

OIAG is still considering various options, including the search for a strategic partner.

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Postbank: Best quarter in the history of the company

Posted by | Aug 9, 2004 | |

With a considerable upturn in profit before tax to 289 million euros, Deutsche Postbank AG published its figures for the first half of 2004. For the first time since the IPO on 23 June, the Bonn-based bank presented figures on the development of business. Wulf von Schimmelmann, Chairman of the Postbank Board of Management, stated to journalists in Frankfurt am Main: “We were able to successfully deploy the momentum and the increased visibility from our IPO. At Postbank the growth trend is intact. The second quarter of 2004 was the most successful quarter in the history of our company.”

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A new EEC Directive on working hours will cause serious security issues for the parcel industry

Posted by | Aug 9, 2004 | |

Trying to keep up with the myriad EEC Directives, which are constantly spawned from the Brussels hotbed of activity, is causing a nightmare for every UK industry sector. Logistics companies will not be spared the sea of paperwork as a new EEC Directive on working hours is proposed.
John Pritchard, Head of Security at Tipton based Nightspeed Secure Worldwide Express is concerned about the issues of security that the proposed new legislation will jeopardise.
He said: “If the 48 hour a week rule is inflicted on to parcel carriers it will mean taking on more staff. The parcel industry as a whole has a high turnover of drivers and warehouse staff and there is already a shortage of personnel.”

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Deutsche Post Eur150m media spend up for review

Posted by | Aug 6, 2004 | |

German company Deutsche Post World Net, owner of Deutsche Post, Postbank and DHL, is reviewing its national and international EUR150m (GBP99.2m) media planning and buying accounts, currently split between Mediaedge:cia and Carat.

The incumbents will repitch for business along with Starcom MediaVest, Initiative Media and Mediaplus. The decision will be made this autumn from the company’s German headquarters.

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