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Deutsche Post AG Charles-de-Gaulle-Straße 20 53113 Bonn, Germany http://www.deutschepost.de
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Deutsche Post AG

Deutsche Post to receive 1 bln Euro repayment after court ruling

European Court overturns European Commission decision on state aid involving Deutsche Post

(PresseBox) (Bonn, )
Deutsche Post World Net will receive a repayment of around 1 billion euros after the European Court of the First Instance in Luxembourg today overturned a 2002 decision by the European Commission. The European Commission in 2002 ordered Deutsche Post to repay 907 million euros in purported state aid and interest. Deutsche Post in 2002 appealed the decision and will now receive a repayment. Responding to the decision, Deutsche Post said the court had confirmed the company's legal position. The company expects to receive the cash inflow in several weeks' time and would prefer to earmark the amount for returning
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.