Estonia Post Chairman Suggests Selling the Company As Soon As Possible

Meelis Atonen, the chairman of the supervisory board of the state owned postal company Eesti Post, suggest selling over half of the company as soon as possible as this could bring the company out from the financial difficulties.

However, the social democrats are strongly against selling Eesti Post since they are afraid it may cause fall in service’s quality, ERR News writes.

All neighboring countries’ postal companies are interested in buying Eesti Post.

Atonen said that over half of Eesti Post should be sold. “If the politicians dare to deal with privatization, I suggest privatizing at least 51 pct of Eesti Post. In that case, a simple logic says that Eesti Post would get a good, strong owner whose interest would be company’s strength and competitiveness,” Atonen said.