Tag: Germany

TPG German unit aims to expand letter delivery network in Germany

TPG NV’s German unit EP Europost AG aims to expand its letter delivery network in Germany and have a market share of up to 10 pct by 2007 for letters weighing over 100 grams, EP Europost’s management board chairman Alex Eglseer said in a pre-release of his interview with weekly WirtschaftsWoche magazine. Eglseer also said by end of this year it wants to sell stamps for letters of over 100 grams at prices that are 15-35 pct below those sold by Deutsche Post World Net. AG.

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Deutsche Posts says it will not sell parcel business

Deutsche Post World Net AG said its parcel business is not up for sale, after WirtschaftsWoche magazine reported the logistic company’s management will decide at its meeting on Tuesday on the future of the business, which could include a divestment. “Truth is that the sale of the parcel division is in no way on the agenda,” said Deutsche Post in a statement.

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Deutsche Post says 1,000 Quelle shops to offer basic postal services

Deutsche Post World Net AG and mail-order company Quelle have signed an agreement in which about 1,000 Quelle shops will offer basic postal services, however a spokesman said it is too early to say whether this will lead to the closure of 1,000 postal branches.

The spokesman said a pilot project, in which 1,000 Quelle shops will offer postal services, will start in spring 2003 and the results will be known by the summer.

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