Tag: Germany

Germany to sell remaining Deutsche Post, Telekom shares by 2006

Posted by | Jun 22, 2004 | |

The German government plans to sell its remaining shareholdings in telecommunications giant Deutsche Telekom and the semi-privatised postal authority Deutsche Post by 2006, government sources said on Tuesday.

Berlin plans to raise around 15.5 billion euros (18.6 billion dollars) by selling the lion’s share of its remaining stakes in Deutsche Post and Deutsche Telekom next year, with the proceeds earmarked to go into the budget, the sources said.

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DHL Launches ‘Go Green Academy’ across Europe

Posted by | Jun 21, 2004 | |

DHL have announced a new European-wide environmental training initiative aimed at advancing environmental awareness across the region.

The DHL ‘Go Green Academy’ will train DHL management from countries across Europe to develop environmental competence on a strategic as well as operational level in their day-to-day operations. The training aims to ensure DHL continues to achieve sustainable growth.

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Teamsters meet with German union ver.di to build working relationship

Posted by | Jun 21, 2004 | |

Teamsters and German union ver.di leaders will hold an historic meeting on Monday in Cologne, Germany, in the wake of the recent merger of Deutsche Post-owned DHL and Airborne to discuss common issues.

Teamsters General President James P. Hoffa said the meeting will strengthen the relationship between ver.di, which represents DHL workers in Germany, and the Teamsters, who represent more than 10,000 workers at DHL Express in the U.S.

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DHL wins Czech Investor of the Year award for 2003

Posted by | Jun 21, 2004 | |

Logistics company DHL was the most beneficial foreign investor in the Czech economy last year, according to results of the Investor of the Year 2003 contest, which government agency CzechInvest spokeswoman Jana Viskova presented to CTK. DHL will build a European service centre in Prague for nearly Kc5.8bn and create 866 new jobs.

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Deutsche Post retreats as deal fails to deliver

Posted by | Jun 21, 2004 | |

Deutsche Post World Net AG moved the initial public offering of Deutsche Postbank AG to Wednesday after an internal memo of Deutsche Bank valuing the Deutsche Post unit at between 4.4bn and 5.3bn was released prior to the roadshow and official subscription period for the IPO.

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