Moreover, the company will allow partners (both natural persons and legal entities) to provide postal services under the Posta Romana brand.
The company is currently undergoing restructuring and modernization. It aims to increase revenues, reduce costs and trim historic debts.
The postal company had 32,887 employees at the end of last year, from 35,576 in 2008, and plans to lay off 3,650 employees, 11% of its staff, starting September, part of its restructuring efforts.
With a turnover of RON1.26 billion in 2012, Posta Romana is the biggest local postal operator with a network of 5,600 units. It had total debts of 568.2 million lei (EUR128.5 million) in 2012, 2.9% higher on the year.
Authorities’ attempted to privatize the postal operator this year but no investor showed any interest and a new privatization plan has been approved allowing for the company to be sold by October 2015 at the latest.
Posta Romana is owned by the Communications Ministry (75%) and investment fund Fondul Proprietatea (25%). (EUR1=RON4.4201)