Milestones 2008
| CHANGES TO GROUP BOARD OF MANAGEMENT |
|
FEBRUARY/MARCH +++ Dr Frank Appel is appointed as new chairman of the Board of Management. The LOGISTICS Division is dissolved and split between two board departments. Bruce Edwards becomes the new Board member in charge of the SUPPLY CHAIN/CIS Division and Hermann Ude the new Board member in charge of the GLOBAL FORWARDING/FREIGHT Division. +++ |
| SALE OF REAL ESTATE PORTFOLIO |
|
APRIL +++ The Group sells a portfolio of approximately 1,300 properties located mainly in Germany to US investor Lone Star for €1 billion in cash. +++ |
| GROUP SETS CLIMATE PROTECTION TARGET |
|
APRIL +++ Deutsche Post World Net – the largest player in its industry – sets itself a measurable climate protection target. For every letter posted, every container shipped and every square metre of space used, the Group aims to reduce its carbon footprint by 30% below 2007 levels by 2020. +++ |
| WAGE AGREEMENT REACHED |
|
APRIL +++ During their collective-bargaining negotiations, Deutsche Post AG and the service trade union Verdi agree on an extended job security pact, a pay increase for staff covered by the collective-bargaining agreement and additional weekly working hours for about 130,000 company employees. The collective agreement will end on 30 June 2010. +++ |
| DIVIDEND DISTRIBUTED |
|
MAY +++ A dividend per share of €0.90 for financial year 2007 is distributed. The total dividend amounts to €1,087 million. +++ |
| DHL OPENS EUROPEAN AIR FREIGHT HUB |
|
MAY +++ European air freight hub at Leipzig/Halle Airport launches operations. The Group invested around €300 million in the facility where approximately 1,500 tonnes of freight are transhipped each working day. +++ |
| EUROPEAN COURT AWARDS DEUTSCHE POST REPAYMENT |
|
JULY/AUGUST +++ The European Court of First Instance annuls a decision by the European Commission, which had ordered Deutsche Post to repay purported state aid. As a result, the German government repaid the sum of €1,067 million to Deutsche Post. +++ |
| STEPS INITIATED TO SELL POSTBANK |
|
SEPTEMBER +++ Deutsche Post agreed to sell a minority stake in Postbank to Deutsche Bank. The sale of the first tranche of the shareholding will be completed in the first quarter of 2009. +++ |
| RESTRUCTURING OF THE US EXPRESS BUSINESS |
|
NOVEMBER +++ Deutsche Post World Net announces that it will exit the domestic express business in the USA by the beginning of 2009. The international express offering in the United States will be maintained. +++ |
Print page
Save as PDF
Add to my cart