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POSTA ROMANA

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Posta Romana’s Express Mail Services To Operate Under Prioripost Brand
Technology &Telecoms

Posta Romana’s Express Mail Services To Operate Under Prioripost Brand

The express delivery services of Romanian state-run postal company Posta Romana will be operated under the Prioripost brand, starting June this year, the company said in a statement Wednesda...

Ecaterina Craciun · 05.06.2013 · 15:05 · 1 min
Nica: Discrepancy Between Severance Pay At Posta Romana And That At Former CSA, CNVM Shameful
Social/Politics

Nica: Discrepancy Between Severance Pay At Posta Romana And That At Former CSA, CNVM Shameful

The discrepancy between severance pay for employees of state-owned company Posta Romana to be soon made redundant and that for the ex-heads of former insurance market regulator CSA and secur...

Ioana Tudor · 02.06.2013 · 15:37 · 1 min
Fifty Unfavorable Contracts Pushed Posta Romana On Brink Of Bankruptcy
Technology &Telecoms

Fifty Unfavorable Contracts Pushed Posta Romana On Brink Of Bankruptcy

Romanian state-owned company Posta Romana could have been a profitable company had it not been “plundered” through contracts that were definitely unfavorable, Communications Minister Dan Nic...

Ioana Tudor · 02.06.2013 · 12:34 · 3 min
Posta Romana To Lay Off 3,650 Workers, 11.4% Of Its Staff
Social/Politics

Posta Romana To Lay Off 3,650 Workers, 11.4% Of Its Staff

Romania’s debt-mired national postal company Posta Romana will lay off 11.4% of its staff, or 3,650 employees, following negotiations between management and unions.

Oana Gavrila · 31.05.2013 · 16:10 · 1 min
Posta Romana Amassed Loss Of RON532M In 2009-2012
Technology &Telecoms

Posta Romana Amassed Loss Of RON532M In 2009-2012

Romanian state-owned postal company Posta Romana amassed losses of 532.9 million lei (EUR123 million) between 2009 and 2012, while it expected profit in each of the four years, according to...

Ioana Tudor · 30.05.2013 · 20:11 · 2 min
Ponta Confirms Romania Will Seek EU Permission To Convert Posta Romana Debts Into Shares
Social/Politics

Ponta Confirms Romania Will Seek EU Permission To Convert Posta Romana Debts Into Shares

Romania’s government is hoping the European Commission will allow it to convert some of the debts of state-owned postal company Posta Romana into shares so it can privatize the company, Prim...

Oana Gavrila · 30.05.2013 · 11:20 · 1 min
Romania To Seek EC Permission To Convert Posta Romana Debts Into Shares
Technology &Telecoms

Romania To Seek EC Permission To Convert Posta Romana Debts Into Shares

Romania’s government will ask the European Commission to approve the conversion into shares of the state budget debts registered by postal operator Posta Romana, and the company’s 107 millio...

Ioana Tudor · 29.05.2013 · 20:16 · 1 min
Investors Interested In Posta Romana Have Until June 30, 2014 To File Bids
Social/Politics

Investors Interested In Posta Romana Have Until June 30, 2014 To File Bids

Romanian state-owned postal operator Posta Romana will be restructured in 180 days and potential investors have until June 30, 2014 to file binding bids for the privatization of the company,...

Ioana Tudor · 29.05.2013 · 18:34 · 1 min
Romania Extends By Six Months Posta Romana Privatization Deadline
Social/Politics

Romania Extends By Six Months Posta Romana Privatization Deadline

Romania’s Government Wednesday decided to extend by six months the deadline to sell a majority stake in state-owned postal operator Posta Romana after no investor was interested in buying th...

Ioana Tudor · 29.05.2013 · 17:31 · 1 min