07 July 1997 00:00 [Source: ICB]
Germany's packaging waste company, Duales System Deutschland (DSD), reported first ever profits in 1996. Managing director Wolfram Brück described the year as 'extremely successful'.
Operating profit was DM252m ($145m) and net profit cancelled out last year's DM385m loss. Collection volumes rose 9% and sales rose nearly 2% to DM4.14m.
However, Brück said 'coat-tail riders' -- firms which do not pay to carry a green dot but whose waste end up in the recycling bins -- are having a negative impact on the system. Those who do pay are demoralised and might quit, he added (ECN 2 June 1997, p22).
A provision for punishing offenders -- who cost DSD some DM800m last year -- was included in the draft packaging ordinance that failed to pass the Bundesrat in April. A new draft is to be presented in October.
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