Anti-Trust ministry OKs 12%-14% hike in state post rates

Russia’s Anti-Monopoly Policy Ministry announced Wednesday it has given the go-ahead to an average 12%-14% increase in rates for sending letters and small packages through the Federal Postal Service .

The new rates, which will take effect on December 1, are expected to just cover the service’s mail-handling costs.

Specifically, it will cost 2.75 rubles to mail a postcard within Russia compared with the current 2.45 rubles and 3.7 rubles to mail an ordinary letter versus the current 3.25 rubles. Sending a small package of up to two kilograms will cost 6.45 rubles, compared with 5.65 rubles now. (31.8226 rubles – U.S. $1)

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KEBA, based in Linz (Austria) and with branches worldwide, is a leading provider in the fields of industrial automation, handover automation and energy automation. With around 2000 employees, KEBA offers innovative solutions such as control systems, drive systems, ATMs, parcel locker solutions, e-charging stations, and […]

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