Judgment of Pension aids: Post can hope to millions of repayment – Handelsblatt

German post

the European Court of Justice declared the EU Commission decision void

(Photo: AP)

Brussels / Dusseldorf The European Commission has in the dispute over government support for pension payments to postal workers in court conceded a crushing defeat. The Brussels authorities had not established in a decision from 2012 that the group had received through the co-financing of the pensions of civil servants from the federal government an economic advantage, the General Court ruled on Thursday. therefore

The Luxembourg judges declared the decision of the EU Commission had found in the Post was asked to repay an amount between 500 million and one billion euros. The Bonner had paid around 377 million euros on account of the covenant after the Commission’s decision. The post is now confident the money back, said a spokesman. Post shares gained in the morning in a friendly overall market 1.4 percent to 25.82 euros.

The competitors of Deutsche Post

• DPD Germany belongs to the DPD Group, claims to be the second largest network of parcel services in Europe. The headquarters of the company with 7500 employees in Aschaffenburg (Bayern). In March 2015, the parcel service announced to challenge the German Post DHL with a single European brand. So the packet network to Europe will expand to 22,000 stations

  Source:. Dpa

• in the postal services provider based in Berlin, the dominant color green – instead of post-yellow. The company has approximately 1150 employees and transported in 1999 in the capital first letters.

• The international trade and logistics service is a Otto Group subsidiary, employs around 9,000 people in Germany. In Europe, the Hamburg company 530 million shipments moved in the past year according to own data in the parcel and logistics business. Germany is one of the core markets.

• the Dutch company claims to be one of the world’s leading provider of express services for business customers. This includes the German TNT Express GmbH, headquartered in Troisdorf (Nordrhein-Westfalen) with approximately 3,700 employees. In 2013, the EU competition watchdog had prohibited a merger with the US parcel service UPS.

• The US parcel service describes itself as the largest package delivery company worldwide with approximately 435 000 employees. In April 2015 UPS-Germany boss Frank Sportolari announced in the “Business Week” that the group wants to invest one billion euros in Europe -. Inter alia, in the expansion of its sorting centers and in new ParcelShops

In the present case, the authorities in Brussels had decided that the post received by the state illegally grants for payment of civil servants’ pensions. Germany had lodged an appeal against this decision before the Court of (Az: T-143/12). The federal government is still concerned about the state development bank KfW with a share of almost 21 per cent in Postbank

The post had referred in consequence of the Commission’s decision around 377 million euros to the federal government -. And also against the decision of sued Commission. The money is in an escrow account – and will probably flow again on account of the post. “We are pleased with the court’s decision,” said a post spokesman. The company is now on having success with its action against the Commission.

The former state monopoly can look back on a number of legal disputes with the Brussels competition watchdogs. The Post had last won in 2010 a dispute with the Commission before the ECJ over EUR 572 million of alleged subsidies. The Group took advantage of monopoly profits from the letter-region for its package division, then was the accusation of EU competition watchdog. Including interest were then flowed the Rhine countries more than 900 million euros from the state treasury.