DHL dispatches increased 30% in Russia in 1Q2006 y-o-y, DHL Freight’s international automobile and railroad transportation rose 2 -fold, domestic – transportation 3 -fold, the company’s press service told SKRIN with reference to a press conference of Klaus Zumwinkl, BoD Chairman of Deutsche Post World Net, the main shareholder of DHL, held in Moscow on May 24, 2006.
Read MoreDeutsche Post World Net today announced its strategic initiatives for Russia. Through investments in excess of 250 Million USD within the next four years, DHL will continue its positive development in the express and logistics business in Russia. This announcement was made by Dr. Klaus Zumwinkel, Chief Executive Officer and Chairman of Deutsche Post World Net at a press conference in Moscow. “Russia is a very successful market for DHL and we see great prospects for the future,” said Dr. Klaus Zumwinkel. “Russia is an important part of our global growth strategy. The planned investments demonstrate our confidence in the high potential of the Russian economy and the express delivery and logistics market in particular”.
Read MoreUzbekistan has invited Russian investors to take part in the privatization of the national post office Uzbekiston Pochtasi and Aloqa Bank, which specializes in providing loans to telecommunication companies, Abdulla Aripov, general director of the Uzbek Communication and Information Agency (UzACI), said at the opening of a meeting of CIS telecommunication authorities in Tashkent.
Read MoreDHL continued in 2005 its success in the Russian market. DHL Express reports that in 2005 shipment volumes increased by more than 30% in comparison with 2004, while revenue increased by over 40%. The strongest volume growth was in DHL Domestic products. In 2005 DHL Domestic MidDay Express 12 and DHL Domestic StartDay Express 9 services both had growth rate of over 100% in 2005 as opposed to 2004. ‘I am very pleased that the positive trend of DHL’s development in the Russian market continues. With our investment programme of nearly 50 mln. USD within the next few years in the facilities and infrastructure in Russia, we are in position to allow our customers to move their goods across borders and within the country seamlessly and quickly. DHL in Russia and globally is committed to consistently delivering outstanding quality and value to underscore that for DHL the customer always comes first’, says Frank Ungerer, General Director DHL in Russia.
Read MoreRussia’s Finance Minister Thursday suggested that the country’s state-owned postal monopoly should be corporatized. “Attracting private investors… will make it possible to modernize Russia’s postal services thanks to billions of dollars in private investment,” Alexei Kudrin told a Cabinet meeting. First Deputy Prime Minister Dmitry Medvedev welcomed the idea, saying: “Obviously, the mail [network] is an infrastructure and monopolistic area, and in desperate need of investment.” But Medvedev called for extreme caution in making the shift, given the vital social role of postal services in communities throughout Russia. Igor Syrtsov, the company’s chief executive, said last Friday that it would incur losses of USD36 million in 2006.
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