Tag: Germany

Deutsche Post welcomes government plan for online medicine trading

Deutsche Post, the German postal service operator, hopes to increase business substantially if German government plans to liberalise the trading of medicines via the internet go ahead. The German company already holds a stake of around 10 per cent in Mediservice, the Swiss mail order pharmacy, which currently counts around 300,000 deliveries annually.

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Deutsche Post letter delivery revenues fall 10-12 pct in first quarter

Deutsche Post sustained a first-quarter revenue fall of 10-12 percent in its core letter delivery division owing to weaker postage stamp sales, the semi-privatised postal authority’s finance director said in comments released on Wednesday.

“The magnitude of the decline in revenues in this division is 10-12 percent,” Deutsche Post finance chief Edgar Ernst told the investors weekly Focus Money in an article scheduled to hit the newsstands on Thursday, but released in advance.

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Deutsche Post prepares for US acquisitions

Deutsche Post AG, the German postal service operator, is believed to be planning acquisitions in North and South America. It is thought to be planning to expand Danzas and DHL, its subsidiaries, by targeted acquisitions, and has put aside around 150m euros to invest in these businesses.

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