
Deutsche Post AG, a Fortune Global 500 company, is a privately owned postal company established by the privatization of German Federal Post in 1995, and is a comprehensive enterprise integrating mail, express delivery, logistics and financial business
Deutsche Post AG; LSE: DPO) is a privately owned postal company established by the German Federal Post in 1995, and the other two companies after the spin-off are Deutsche Telekom and Deutsche Post Bank. In order to prevent the disadvantages of excessive marketization after the spin-off of the German Federal Post, the government established the "Regulierungsbehörde für Telekommunikation und Post, RegTP" (also through the Postal Act) to maintain and monitor fair competition in the field of postal and telecommunications services. Since then, Deutsche Post has built up the Deutsche Post international network through acquisitions (DHL, Postbank, Danzas, etc.). In 2010, it generated revenues of 51.48 billion euros and a profit of 2.541 billion euros. By 2010, Deutsche Post had a network of around 421,270 employees worldwide in 220 countries.
Deutsche Post currently has four main activities: mail, courier, logistics and finance.
Since 2002, Deutsche Post headquarters have been located in the new conference center of the Deutsche Post Building in Bonn. The current CEO is Dr. Frank Appel. In 2003, Deutsche Post acquired all of the shares of First Mail, a private mail service in Düsseldorf. On 14 June 2005, the Kreditanstalt für Wiederaufbau (KfW) sold another 11.4 per cent stake in Deutsche Post worth 2 billion euros in the capital market, and since then Deutsche Post's share of state ownership has been less than 50 per cent.