State-owned Russian Post created
Prime Minister Mikhail Kasyanov has signed a decree creating state-owned postal service Russian Post (Pochta Rossii), the government press service said in a statement Friday.
The ruling set Russian Post under control of the Communications Ministry, the press service said.
The Property Ministry was advised to agree with the Communications Ministry and Industry, Science and Technology Ministry on the range of federal property to be transferred under Russian Post’s management, the press service added.
The Communications Ministry, together with the Property Ministry, will draft the new company’s charter and appoint its director, the press service said.
Earlier this year, the government approved a reform program for the postal service placing all postal organizations under state control in the form of a company, which would subsequently be turned into a state-owned joint-stock company. The reform is aimed at increasing the efficiency, speed and quality of the postal service in Russia.
According to the program, the postal service’s restructuring will take up to four years.
