Magyar Posta shuts down further 66 post offices
Hungary’s state-owned postal company Magyar Posta will close a further 66 post offices in Budapest and other cities around the country on Thursday, spokeswoman Katalin Szasz told MTI on Tuesday. The closures will come just a few weeks after Magyar Posta shut down 38 post offices.
The closures are the second and last phase of a streamlining programme which is expected to save Magyar Posta more than HUF 500m a year, Magyar Posta spokesman CEO Tamas Tomecsko said earlier in February.
Mr Tomecsko said the post offices were closed in areas which had too much coverage compared to that stipulated under law. The law requires one post office for every community with more than 20,000 residents, he said, adding that the 169 post offices in Budapest are about twice the necessary number, considering this requirement.
The closures are part of an efficiency improvement programme started years earlier intended to prepare Magyar Posta for the full deregulation of the market in 2009.
Mr Tomecsko said Magyar Posta plans no further closures in the course of the year.
