Romanian Post price hike criticized
The Romanian Direct Marketing Association (Armad) has criticized Romanian Post’s decision to raise postal prices by up to 60 pct from 1st August.
The direct marketing industry is growing fast in Romania at the moment, according to the financial publication, Bursa, and Armad has hit out strongly at the national postal company, saying the decision is abuse of a dominant position in the market, a breach of EU state aid rules in other words.
Romanian Post, on the other hand, said the price increase was compliant with the law and reflected market conditions. It is, said Bursa, the first price rise for two years and at RON 0.5 (EUR 0.16) letter deliveries were half the real cost to the company.