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Deutsche Post World Net Annual Report 2007
Milestones of the Year The Group
Acquisitions and disposals
January Williams Lea buys the UK company The Stationery Offi ce,
the public-sector leader in printing services and document manage-
ment.
June Deutsche Post World Net acquires a 49% stake in the US air
transport company ASTAR Air Cargo.
Deutsche Post World Net acquires a 49% interest in US company
Polar Air Cargo.
September Postbank sells BHW Lebensversicherung AG as well as
its interest in PB Versicherung AG and PB Lebensversicherung AG
to Talanx AG.
Products and services
January DHL is the fi rst international logistics service provider to
offer a domestic air freight service in China.
February DHL announces plans to substantially expand capacities
in Dubai where the fi rst fully integrated logistics platform and the
world’s largest airport are taking shape.
June Deutsche Post plans to open around 600 outlets in the new
Postpoint format in Germany.
October Williams Lea takes over Deutsche Post’s document man-
agement business with over 2,500 employees in Germany.
November Germany’s federal network agency approves Deutsche
Post’s pricing proposal. Prices for the domestic and international
dispatch of letters and postcards will remain unchanged in 2008.
DHL is building a new US$175 million north Asian hub in Shanghai
with a view to serving China and other north Asian markets begin-
ning in 2010.
Partnerships and joint ventures
May DHL expands its joint venture with India’s Lemuir Group, there-
by consolidating its leading position on the Indian logistics market.
September DHL Express and Lufthansa Cargo set up the joint air
freight carrier AeroLogic, with fl ight operations set to begin in April
2009.
December DHL Exel Supply Chain concludes a fi ve-year contract
worth over €200 million with UK furniture and fi ttings retailer MFI.
Group milestones
March The DHL Innovation Center is opened in Troisdorf near Bonn,
Germany. It is here that the Group brings together all entities en-
trusted with managing technical innovations.
May The Annual General Meeting approves a dividend of €0.75 per
share for 2006, which represents a 7.1% increase on the previous
year.
July Dr Hans-Dieter Petram and Prof. Dr Wulf von Schimmelmann
retire from offi ce. New to the Board of Management are Jürgen
Gerdes, responsible for the mail and parcel business in Germany, and
Dr Wolfgang Klein, who is also chairman of the Board of Manage-
ment at Postbank.
October John Allan becomes Chief Financial Offi cer, Dr Frank Appel
Board member responsible for the LOGISTICS Division.
The European Council passes a resolution to liberalise the European
mail markets. In Germany, the market will already open up fully on
1 January 2008.
November With its Roadmap to Value, the Group presents an ela-
borate capital markets programme.
December The German Bundestag and Bundesrat stipulate a
minimum wage for mail carriers, which comes into effect on 1 Jan-
uary 2008.
Photographs (from top left to bottom right):
The new air freight carrier of DHL and Lufthansa,
the DHL Innovation Center, Deutsche Post mail carrier,
CFO John Allan presents the Roadmap to Value.
Milestones of the Year