Latvijas Pasts postal company plans to carry out long-term investment projects worth 20.164 million lats (EUR 29.7 mln) in 2004, aimed at raising the company’s competitiveness and value, Latvijas Pasts CEO Gints Skodovs said.
Read MoreThe Baltic states’ national regulators at a meeting in Riga agreed to build favorable economic environment and facilitate development of electronic communications and postal services in their countries.
This is especially important in view of the European common market and the expected liberalization of the European postal market, stated the agreement signed by electronic communications and postal services regulators of the three Baltic states in their first meeting.
Read MoreThe Latvian public services regulator decided to approve a postal license for Latvia’s a/s Diena, publisher of one of the country’s leading daily newspapers.
The company has been licensed to deal with express parcel and express mail correspondence throughout the territory of Latvia. The license is valid for one year.
Read MoreLatvia’s state postal company Latvijas Pasts is planning revenues this year to exceed spending by just under 1 million lats (EUR 1.6 mln), reported the company’s marketing director.
Edmunds Bebriss stated that the postal company’s revenues this year are expected to continue growing, while revenue excess over spending this year will be down from the 1.73 million lats last year.
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