The government may consider privatization or listing of Estonian Post

Meelis Atonen, member of the supervisory board of Eesti Post, told Eesti Päevaleht that the government is well aware of the need that the company needs an international investor since next year the Estonian postal market will be fully liberalised and it could lose its lucrative business.

Atonen did not wish to name any potential buyers. Also Ahti Kallaste, member of the company’s board, did not wish to specify who could be the potential investor and said that the decisions about the company’s future will be made in the middle of August.

The company’s board is also actively considering a plan to list its shares on the Tallinn Stock Exchange.

Eesti Post has recently announced that it plans to sell the building of its former postal office in Tallinn.

Meelis Atonen, member of the supervisory board of Eesti Post, told Eesti Päevaleht that the government is well aware of the need that the company needs an international investor since next year the Estonian postal market will be fully liberalised and it could lose its lucrative business.

Atonen did not wish to name any potential buyers. Also Ahti Kallaste, member of the company’s board, did not wish to specify who could be the potential investor and said that the decisions about the company’s future will be made in the middle of August.

The company’s board is also actively considering a plan to list its shares on the Tallinn Stock Exchange.

Eesti Post has recently announced that it plans to sell the building of its former postal office in Tallinn.