Latvijas Pasts to increase tariffs by 30 pct
Latvijas Pasts has submitted its new draft tariffs to the Public Utilities Commission, the new tariffs are an average 30 pct higher than the current postal tariffs, Latvijas Pasts Director General Ivars Krauklis said in an interview on the Latvian State Radio today.
Latvijas Pasts is planning to differentiate tariffs for letter and parcel deliveries to legal entities and private individuals: the tariff for centralized letter delivery to legal entities will increase from LVL 0.22 to LVL 0.25, whereas the tariff for private letters and parcels – from LVL 0.22 to LVL 0.35.
Krauklis pointed out that the new tariffs will have little effect on residents, because the number of letters written by private individuals is not large. “It will rather affect businessmen, which form the majority of Latvijas Pasts customers,” Krauklis said, adding that the new tariffs are based on the actual costs of the service.
As reported, Latvijas Pasts turnover reached LVL 44 million last year, whereas losses amounted to LVL 14 million. In the first six months this year, the company managed to reduce the losses more than fivefold. The company hopes to operate without losses in 2009, and with a profit in 2010.
1 US Dollar (USD) = 0.49342 Latvian Lats (LVL)
Latvijas Pasts has submitted its new draft tariffs to the Public Utilities Commission, the new tariffs are an average 30 pct higher than the current postal tariffs, Latvijas Pasts Director General Ivars Krauklis said in an interview on the Latvian State Radio today.
Krauklis pointed out that 30 pct is the average figure: there are services that will cost as much as they cost now, or slightly more, for instance, tariffs for international mail.
Latvijas Pasts is planning to differentiate tariffs for letter and parcel deliveries to legal entities and private individuals: the tariff for centralized letter delivery to legal entities will increase from LVL 0.22 to LVL 0.25, whereas the tariff for private letters and parcels – from LVL 0.22 to LVL 0.35.
Krauklis pointed out that the new tariffs will have little effect on residents, because the number of letters written by private individuals is not large. “It will rather affect businessmen, which form the majority of Latvijas Pasts customers,” Krauklis said, adding that the new tariffs are based on the actual costs of the service.
“Latvijas Pasts” requests the Public Utilities Commission to review the new tariffs as soon as possible so they could come into force on December 1 already.
“The sooner the new tariffs come into force, the sooner will we be able to improve the quality of service,” said Krauklis. “We want to have the financial basis to motivate our employees, and also hold them responsible when necessary. Then there will be no more such cases as postmen going missing with large amounts of money on them.”
As reported, Latvijas Pasts turnover reached LVL 44 million last year, whereas losses amounted to LVL 14 million. In the first six months this year, the company managed to reduce the losses more than fivefold. The company hopes to operate without losses in 2009, and with a profit in 2010.
1 US Dollar (USD) = 0.49342 Latvian Lats (LVL)
