Latvia’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.
Read MoreEesti Post (Estonian Post) has acceded to Pan Nordic Logistics, an express services network established by the Nordic countries’ postal firms. “The domestic ELS express service provided by Estonian Post has justified itself and has become the market leader operating in conditions of competition. By acceding to the Pan Nordic Logistics network we can provide the same service also in the Baltic and Nordic countries,” Estonian Post board chairman Alo Streimann said. According to plans, delivery of parcels and express mail in Estonia, Latvia and Lithuania should be launched already as of April 1.
Read MoreThe Sweden-based pan-Nordic logistics company Pan Nordic Logistics AB said that it had signed cooperation agreements with the postal services companies in Estonia, Latvia and Lithuania.
Read MoreThe state-owned Latvijas Pasts (Latvian Mail) company last year processed over 58 million letters, up by 5 million or 9 percent from 2001, said the mail service transportation director Agris Timma.
Most of the letters handled by Latvijas Pasts in 2002 were local mail — nearly 50 million letters as opposed to 45 million in 2001.
Read MoreThe amount of deliveries made by courier service TNT Latvia last year increased by 27 percent, said the company director Martins Gerkens.
In 2002 TNT Latvia helped to deliver 51,108 packages with total weight of 858,741 kilograms.
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