Company representatives said Posta Romana’s capitalization with the amount stipulated in the state budget for 2017 is the most important measure to be applied in the upcoming period. The capitalization will ease the company’s access to external financing sources which will be used to support development plans.

In 2016, Posta Romana had a turnover of RON1.1 billion and a net profit of RON10 million, from a loss of RON33 million the year before, according to finance ministry data. The company had 24,000 employees.

Posta Romana is 75% owned by the state through the ministry for information society and 25% by investment fund Fondul Proprietatea.