The minister explained the postal operator has reported losses of around EUR100 million in the last three years, failing to keep revenue up even from the services under its monopoly until the end of the year.
The company also owes the state budget around 110 million lei (EUR24.7 million) and must pay a fine of more than RON100 million to the competition watchdog, Nica added.
Posta Romana is the largest postal operator in Romania, with a territorial network of about 7,100 post offices. Some 1,200 of these are equipped with computer systems and more than 580 of them operate on a virtual private network.
The company has 35,000 employees, more than 11,000 of whom are mail carriers.
The Communications Ministry owns 75% of Posta Romana’s capital, while investment fund Fondul Proprietatea owns 25%. (EUR1=RON4.4435)