Postal And Courier Services Market Of Lithuania Up 19.6 percent in 2008
According to income received over the first quarter of 2008, the entire postal and courier services market advanced 19.6 percent from this period of the previous year from 52.6 million litas (15.23 million euros) to 62.9 million litas (18.22 million euros).
According to information presented by the Communications Regulatory Authority (RRT), the courier services segment increased by 25.1 percent, from 30.6 million litas (8.86 million euros) to 38.3 million litas (11.1 million euros) in and the postal services segment grew by 11.9 percent, from 22.0 million litas (6.37 million euros) to 24.6 million litas (7.12 million euros) from the respective period of the preceding year.
In Q1 this year, the revenues of the company Lietuvos Pastas for postal and courier services increased by 12.6 percent from 23.9 million litas (6.92 million euros) to 26.9 million litas (7.79 million euros) year-on-year. The revenues of other suppliers of postal and courier services advanced 25.3 percent from 28.7 million litas (8.31 million euros) to 36.0 million litas (10.43 million euros).
According to the data of Q1 2008, Lietuvos Pastas dominates on the market in the distribution of postal correspondence – it covers 74.9 percent of sent and 92.4 percent of received postal correspondence market.
