The notification rate in Berlin is good. But that has not always been the case. “In 1997 we had the worst rate of anywhere in Germany,” says Sven Goerke, in charge of delivery at the EXPRESS Germany Production branch in RUdersdorf, looking back. Together with the delivery personnel a lot of hard work was done to change the rate. And since that time the level has remained good.
Read MoreThe EU competition commission has reacted to a rumour that Deutsche Post AG, the German postal service operator, is likely to face a substantial fine in May, or in June at the latest, by stating that it has not yet decided upon the sum to be paid. The possible fine relates to allegations of subsidies detrimental to competition in the sector. Furthermore, the commission reports that it has not yet decided whether to demand repayment of the alleged state subsidies.
Read MorePostal service Deutsche Post said Tuesday that first-quarter profits fell 23 percent, partly because people used up old stamps denominated in marks rather than buying new euro versions.
Net profit fell to 417 million euros (dlrs 375 million) from 539 million euros in the same quarter the year before, the company said. Sales at its biggest division _ its legal monopoly on carrying the mail _ fell 2.1 percent in the period, to 2.63 billion euros (dlrs 2.36 billion) from 2.75 billion the year before.
“One reason behind this was the conversion to the euro, which led to the increased use of Deutsche-mark denominated stamps acquired in the past,” the company said in a statement.
Deutsche Post, the German postal and logistics group, reported a 22 per cent drop in net profit for the first quarter, but gathered global strength from last year’s acquisition of express postal group, DHL International.
The group, which earlier in the month announced that it planned to buy back shares in an attempt to boost its falling share price, said it had been unable to escape the grip of the ongoing economic downturn during the first quarter ended March 31.
Read MoreDeutsche Post World Net has kicked off 2002 with 13.1% growth in revenue to €9.7 billion in Q1/2002. The key reason for the rise in revenue as against the prior year period was the acquisition of a majority holding in DHL International, the global market leader for cross-border courier and express services.
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