DHL 1997 Annual Report Download - page 25

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22
1997
Milestones
Postbank agreement
signed
Deutsche Post takes a major step
toward ensuring higher utiliza-
tion for its retail branch network
by signing a cooperation agree-
ment with Postbank.
New letter processing
centers
Thirteen new letter processing
centers are opened which brings
the total number of these state-
of-the-art centers to 45 and
contributes to further quality
and cost improvement.
May June July August
Acquisition of TNT Net-
Log
Deutsche Post acquires TNT
NetLog (TNT Netzwerk Logistik
GmbH) and transfers it to
Deutsche Post Transport GmbH.
Its mission is to operate the
long-distance traffic between
Deutsche Post’s freight process-
ing centers.
Deutsche Post Express
und Transport GmbH
founded
Deutsche Post Express und
Transport GmbH is established
as a holding company on July 1.
Its operations revolve around
future-oriented courier, express-
mail and postal services.
Equity stake taken in
trans-o-flex
Deutsche Post acquires a
24.8 percent stake in trans-o-flex
Schnell-Lieferdienst AG which
becomes part of the Deutsche
Post Express und Transport
GmbH holding company.
Market launch in Austria
International Parcel Post (IPP)
completes its parcel mail net-
work in Austria. Operations
begin with partners on a fran-
chise basis.
“PostPlus” stores
The concept of offering conven-
ience articles and postal prod-
ucts under one roof proves to be
a success. Another 19 “PostPlus”
stores are opened on July 1.
Fewer branches –
more agencies
In the first eight months of the
year, Deutsche Post closes 1,190
of its branches and opens 287
agencies – milestones for a better
utilization of its retail branch
network and for substantial cost
savings.
Opening of new Direct
Marketing Centers
Another 15 Direct Marketing
Centers open their doors to the
public. Deutsche Post’s direct
marketing services are particu-
larly popular among small and
medium-sized businesses.
Reorganization of the
international business
To strengthen its position in the
global market International Post,
Deutsche Post´s international
operations, establishes three
subsidiaries – International
Parcel Post GmbH (IPP), Inter-
national Mail Service GmbH
(IMS) and International Postal
Service GmbH (IPS).