Estonian Post to increase letter prices 28%
Estonian Post is seeking to increase the price of sending a letter by 28%, the first price rise in four years.
Read MoreSelect Page
Posted by Ian Taylor | Sep 13, 2011 | News |
Estonian Post is seeking to increase the price of sending a letter by 28%, the first price rise in four years.
Read MoreEstonia’s state-owned postal operator, Estonian Post, has said it is expecting next year to be “intense” as it responds to increasing competition and declining mail volumes.
Read MorePosted by Ian Taylor | Jan 7, 2010 | News |
Estonian operator Eesti Post is having problems delivering packages after being busier than usual at the end of 2009, Estonian media reports.
Read MoreCountry sheet: Estonia – Main developments in the postal sector (2006-2008)
Read MoreEesti Päevaleht writes that according to a stock exchange statemetn made by Ekspress Grupp, the negotiations were cancelled without coming to an agreement since neither party agreed on the terms of the agreement.
In March Eesti Post offered Ekspress Grupp to sell its half-stake in Express Post. Ekspress Grupp decided to involve in the negotiations the other half-owner Eesti Meedia that publishes, among others, Postimees.
Revenues of Express Post were EEK 72 million (USD 7.22 million) last year.
In February the Estonian Competition Authority said it will not investigate claims that Eesti Post held illegal negotiations with a private postal company Express Post.
An executive of Eesti Post and Hans H. Luik, half owner of Express Post, had reportedly discussed how to divide the market of mailing services in the country between them. Holding such negotiations on market division is illegal.
Both Ahti Kallaste, board member of Estonian Post, and Luik admitted that they have been discussing ways of dividing the market.
However, Luik later told Äripäev that nothing specific was discussed.
Express Post mainly distributes perodicals such as newspapers and provides courier services. Half of the company belongs to Eesti Meedia and half is owned by Ekspress Grupp that is listed on the Tallinn Stock Exchange.
Read More
The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.