PostMaster general manager Marius Bene said that the market contracted in the last two years due to the exit of major clients such as Real and Baumax, as well as the clients’ cost pressure.
In 2013, PostMaster reported a turnover of RON39.2 million, from RON45.8 million a year before, and a net profit of RON37,851, compared with RON8.7 million in 2012.
PostMaster became operational in 2007 and, four years later, Austrian Post Group bought a 26% stake in the company. In November 2012, the Austrian operator also bought the rest of the shares owned by Mihai Balaj and Mihai Preotescu (14.8% each), and by Radu Constantin Potolea (44.4%).
PostMaster has nearly 1,200 employees and 52 local offices.