Weight and price limits of Accord II signatories
Weight and price limits of Accord II signatories
Read MoreTag: Latvia
Latvijas Pasts Postal Co works at 1.8 mln Lats profit in first half of year
Latvijas Pasts postal company operated at 1.8 million lats (EUR 3.04 mln) profit in the first half of 2002, company chief executive said
Andrejs Droiskis said this year’s semi-annual profit is 0.2 million lats lower than the respective indicator for the same period last year.
Droiskis said Latvijas Pasts raised over 11 million lats revenues in the first six months of 2002 which is significantly more than expected. In the first half of the last year the postal company raised 10 million lats in revenues.
The excess of revenue over spending is formed by accepting and delivering letter correspondence while subscription and delivery of press editions is the second largest source of revenues for Latvijas Pasts, said Droiskis.
He said the postal company will use the excess of intake over spending to introduce additional security measures at post offices and stimulate employees to work better, do repair and renovation works at client service outlets.
TNT Latvia Postal Services doubles turnover in 2001
TNT Latvia express postal deliveries posted a turnover of 672,000 lats (EUR 1.193 mln) last year with profits of 79,000, reported the Latvian branch of the international postal company.
TNT Latvia claimed that the turnover last year was almost double that of 2000, which was 372,000 lats. This year the company forecasts a turnover of 900,000 lats.
PostEurop Annual Review 2000
PostEurop Annual Review 2000
Read MoreTNT Latvia delivery service lowers tariffs in Baltic states
TNT Latvia express delivery service company has lowered tariffs for deliveries between Baltic states by 40 percent as of mid-October, TNT regional office head reported.
Martins Gerkens said the new tariffs apply on deliveries by vehicles of all packages and cargo weighing between 0.5-1000 kilograms.
The decision to lower the tariffs for deliveries between the Baltic states was made based on market research which showed there is a high demand for delivery of documents, packages and small cargo in this region.
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