Deutsche Post

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The German Post AG, headquartered in Bonn is the largest logistics and postal companies in the world. Under the name German Post DHL, the Group has since 11 March 2009 to the public. The company was founded in 1995 by privatization of the former German Federal Postal Authority and since 2000 has been part of the German DAX Leitindexes on the Frankfurt Stock Exchange. Effective September 23, 2013, the German post office moved into the EURO STOXX 50.

  • 6.1 closure of post offices
  • 6.2 VAT exemption (until 30 June 2010)
  • 6.3 Privacy

History

The history of the post in Europe goes back to the 15th century. Thus, the present German Post has numerous predecessor organizations. It was built in the years 1989 to 1995 by the privatization of the German Federal Authority Post - Postal Service ( " yellow post "). At the same time came from the area called " telecommunications service " ( "gray mail" ), the German telecom sector as well as Postbank ( " blue post " ) Postbank. The Federal Ministry of Posts and Telecommunications was initially remain responsible for the regulatory tasks in the postal system. Later, the newly created Regulatory Authority for Telecommunications and Post took over the tasks of the safety authorities. This includes, among other things, the monitoring of compliance with the rules regulating competition in the postal services. For officers and supply legal responsibilities of remaining with the company postal clerk, the Federal Institute for Posts and Telecommunications German Federal Post Office was established.

The company was conducted from 1990 to 2008 by Klaus Zumwinkel. He offered on 15 February 2008 after much public pressure to resign after a short time before investigations were publicly for tax evasion against him.

Since 1998, the German post office delivers via the in-house Post Foundation, the Institute for the Study of Labor with extensive research-sponsoring.

Post shares began trading on 20 November 2000 on the organized capital market. This issue proceeds of EUR 6.6 billion was achieved. In the same year also the cornerstone of the Bonn Post Tower was laid, which serves as the corporate headquarters since 2002.

Since 2006, the Group operates in Troisdorf near Bonn, the research and development center "DHL Innovation Center ," the business customers to provide information on technologies such as RFID, GPS and geo-data applications is available.

The Postal Act of Deutsche Post AG had conceded a number of temporary exclusive rights to 31 December 2007, there were but it requires universal service obligations. Since 1 January 2008, Swiss Post has no exclusive licenses, prevails in the German postal market since theoretically free competition. The full liberalization of the postal market in Europe took place on 1 January 2013. Therefore, the company is working continuously to increase its foreign sales.

The German Post is a member of the European Movement.

Shareholders

The company is no longer majority owned by the state, since the state-owned KfW banking group sold 2005 Post shares of € 2 billion on June 14. By 2012, the KfW Banking Group held on behalf of the federal 30.5 % of the shares, the remaining 69.5 % were in free float, of which 14.5% in the United States, 12.1% in Germany and 26.5 % were maintained in the UK. The number of shares held by private investors was 7.5 % of the free float. In September 2012, the KfW sold around 5.0 % to institutional investors. With approximately 25.5% they had still a blocking minority and continued to be the largest single shareholder. The free float was then at around 74.5 %. 2013 reduced by the exchange of a bond issued in 2009, the proportion of KfW in the company to 21.0 %. In July 2009, KfW issued a convertible bond into shares of Deutsche Post AG on € 750 million with a maturity of 5 years and a volume of 4.5%.

As of July 19, 2013

Indicators

In the year 2011 (2010), the Group achieved on sales of 52.83 (51.5 ) billion euros ( 2.8 % change ) a profit (EBIT ) of 2.44 (1.8 ) billion euros (compared to 231 million euros in 2009).

In 2007, the Group achieved on sales of 63.5 billion euros ( 4.9 % compared with 60.5 billion euros in the previous year ) a profit (EBIT) of 3.2 billion euros ( -17.3 % compared to 3.87 billion euros in the previous year ). The decrease in EBIT, the German post office makes one-off effects such as impairment of fixed assets in the business " EXPRESS Americas " responsible. Bucking the decline in EBIT, the dividend per share compared to 2006 was increased from 0.75 to 0.90 euros.

In 2006, the group generated sales of 60.5 billion euros and a profit (EBIT) of EUR 3.87 billion. Compared with 2005 sales therefore rose by 35.8 % and net income by 2.9%. The strong increase in revenues is primarily attributable to the acquisition of the logistics group Exel. The year 2006 but also showed a decline in consolidated net profit by 14.3 % to 1.92 billion euros. This is due to the fact that the Group has in the past fiscal year, reduced its stake in Postbank to 50% plus one share. Therefore, a pro-rated amount of net income attributable to shareholders of Deutsche Post. The dividend was increased from 0.70 to 0.75 euros, which represents a total of about 903 million euros.

On 31 December 2010 the German post office was active in over 220 countries and territories and employed at this time 467 088 people, most of them abroad and is thus at the same time the largest company by employees in Europe. In Germany, the German post office employs 165 781 people. The number of employees in Germany is stable, but declined in Europe outside Germany through the sale of assets Express in the UK and France by 8%.

Group structure

The German postal grown since its privatization mainly through acquisitions (including eg DHL, Danzas and Exel ) to a large logistics group. But the takeover of the UK logistics company Exel in November 2005 cost 5.5 billion euros.

The Group is divided into the following operating divisions: 1 MAIL, EXPRESS 2, 3 GLOBAL FORWARDING, FREIGHT and SUPPLY CHAIN ​​4. The so-called Corporate Center performs the functions of Group management.

Letter

The MAIL division with approximately 180,000 employees divided into letter communications, dialogue marketing, press services, value-added services, parcel Germany, Global Mail and Pension Service. In the former, operate about 125,000 employees, the German letter network. At each working day they make an average of 66 million letters to 3 million business customers and 39 million households, of which 95.7 % (measured in 2005 ) to reach a day after throw their receivers. 82 mail centers and 33 parcel centers form a Germany -wide network in which even the most isolated places of residence as the North Frisian holms be served. The branch network consists of approximately 20,000 retail outlets and points of sale and 2,500 freight stations. Since 2012, DPAG does not operate its own stores more, with one exception in the head office in Bonn. The stores are all run as a third party-operated agencies. Therefore, no more total benefits can be claimed for each agency. To control the branch system is now responsible local lines, which recruit the agencies and professional care. After the spin-off of the Postbank, the Pension Service from the Company's prior financial services was shifted letter in the corporate sector.

The branch philately ( stamps collectors ) Deutsche Post has its headquarters in Weiden (Oberpfalz ).

Express

The EXPRESS division transports standardized express and courier shipments worldwide. EXPRESS employs approximately 100,000 employees. The global network is comprised of three major global hubs ( airports) and 32,300 points of service in 220 countries and territories. The division has a fleet of 62,000 vehicles and 250 aircraft.

Global Forwarding, Freight

The GLOBAL FORWARDING, FREIGHT (Eng. " Worldwide transport, cargo ' ) form 41,000 employees. It covers 170 countries and includes the transportation of goods by rail, road and sea routes. To this end, 2.1 million tons of air freight and sea freight containers are moved 2.6 million.

Supply Chain

The company SUPPLY CHAIN ​​(Eng. " supply chain " ) includes warehouse storage and transport services as well as the cooperation with Williams Lea, a BPO provider ( Business Process Outsourcing), which specializes in the optimization of internal and external communication processes. Furthermore fall solutions for digital and print information under this section.

Corporate Center

Corporate Center, the daughter of German Post Fleet GmbH ( German fleet fleet ) is incorporated.

Through the acquisition of the UK logistics company Exel (see DHL Exel Supply Chain) in December 2005, the German Post AG, the world market leader in the fields of air, sea (both DHL Global Forwarding ) and contract logistics (DHL Exel Supply Chain) with an annual turnover of 55 become billion euros. In addition, the activities were concentrated in the area of ​​European overland transport business in the area DHL Freight. The German Post is measured by its 500,000 employees, the seventh largest company in the world and the largest German companies.

The German post office is also active in the U.S. express business and is there to compete with UPS and FedEx. 2007 section of the Express division with an operating loss of 174 million euros. In November 2008, decided the German post office, to limit the U.S. express business. The delivery of parcels within the United States was set end of January 2009. A total of 9,500 jobs were cut in the USA. The international delivery of parcels to and from the USA is still possible.

Postbank was performed since the third quarter of 2008 to 3 December 2010, Discontinued Operations and was consolidated on that date by the German Bank in its balance sheet.

Subsidiaries and affiliates

Some of the divisions are spun off as service offices, example: Service establishment ( with the Department of Corporate Security ) in Weingarten (Württemberg).

Board of Directors

Zumwinkel led the company from 1990 to 2008, most recently he was the longest-serving chairman of a DAX company. On 18 February 2008, he put on suspicion of tax evasion resign. Frank Appel was then chosen unanimously and with immediate effect as his successor.

The decision of the Supervisory Board on 25 February 2009 Ken Allen was elected to the Board. He succeeds John Mullen after his resignation. On March 11, 2014 John Gilbert was appointed to the Board. He takes over DHL SUPPLY CHAIN ​​Division of Bruce A. Edwards, who is retiring.

Since March 2014 the Executive Board consists of the following seven people:

  • Frank Appel (CEO)
  • Lawrence A. Rosen ( Finance, Global Business Services)
  • Ken Allen ( Express)
  • John Gilbert ( SUPPLY CHAIN)
  • Jürgen Gerdes (Letter )
  • Angela Titzrath (staff)
  • Roger A. Crook (GLOBAL FORWARDING, FREIGHT )

The income of the members of the Management Board of Deutsche Post are composed of a fixed component and two short-and long -term bonuses. In fiscal 2010, the remuneration of the active Executive Board members amounted to a total of 11.97 million euros (previous year: EUR 14.92 million ). The individual income will be published in the Annual Report.

Criticism

Closure of post offices

Since the German Post for years reduced the number of branches and cooperating with partners such as McPaper or supermarkets, there was resistance in wide circles of the population. Only post offices were closed on the land and replaced by postal agencies initially, so this applies increasingly on large cities and their suburbs. Criticism is also the early and mid- 2000s made ​​massive reduction in the number of mailboxes and their reduced collection times.

VAT exemption (until 30 June 2010)

Since July 1, 2010 pay postal service companies that offer their services nationwide, including the German Post AG, is in the business segment sales tax. The amendment to the law was adopted in March 2010 by the Bundestag and the Bundesrat. The German Post AG remains free in the retail sector from VAT since 1 July 2010, these Rules shall for all postal service providers ( § 4 No. 11b UStG).

Until 30 June 2010, the post was completely exempt from tax. The sales tax exemption was justified in the past, so that the post had " comprehensive universal services " offered as a single entity. After the fall of the letter monopoly of this tax privilege was claimed in the sales tax of the European Union. The European Union had called for the then Federal Government to abolish the tax privilege the post office and to create equal conditions for all postal companies on the German market.

Privacy Policy

In 2002, the German Post AG was at the presentation of privacy - negative prize Big Brother Awards in the category Consumer Protection Award " for their privacy adverse dealing with address information from the post- Forwarding requests ".

Others

  • Electroreturn is a service of Deutsche Post, which allows old or broken small electrical devices (especially mobile phones ) to be recycled.
  • To optimize postage and shipping preparation of mailings, the German Post has developed the software tool InfoPost Manager.
  • EPost was an e- mail service of Deutsche Post, which was introduced in 2000 and reinstated in 2005. In July 2010, the German post office led the e- mail letter with pay, secure e -mails coming into competition with the De-Mail.
  • In July 2010, the German Post launched the non-profit oriented initiative " Health in Germany " ( vid ). It gives older people better access to community services in all areas of social life such as culture, leisure, education or sport. The initiative collects and publishes jointly with cities and municipalities, senior representatives and senior advisory boards offers and discounts for people age 50 and also with regard to civil service, volunteering, traveling and living on an Internet platform. From the taxi coupon at the theater on the program of the local seniors computer clubs to seniors Offered by local associations: Anything that makes life easier for older people in local communities more attractive and varied, they should be able to recall at one click.
  • In recent years, the German Post has reinforced Internet services up and expanded, partly those which are in close context to " traditional" postal services such as mail or mailingfactory.de Individually, some of those pure Internet deals are such as allesnebenan.de, meinpaket.de or umziehen.de. The post also expanded more in the online advertising market and bought in August 2010 and in April 2011 Nugg.ad Adcloud. The franking of programs is possible with the service INTERNETMARKE for some time.
  • With the Post Office Shop the German Post has an online shop for business customers only. The offer consists of office supplies, postage, shipping packages and e- products of Deutsche Post.
  • The German Post AG took over in July 2012 with intelliAd a provider of search engine advertising.
  • In cooperation with the ADAC starts from October 2013, the long-distance bus service ADAC PO Box.
  • The German Post AG is due to the large fleet of Zustellfahrrädern the largest bicycle racks Germany. The bike fleet is therefore also one of the largest in Europe. 2003, there were 25,700 post- bikes in daily use, including 4,000 e-bikes. 2013, 18,000 postal bikes on the road, including 6,000 e-bikes (or pedelec ).
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