Tag: Magyar Posta

Hungary’s state-owned postal company Magyar Posta will close a further 66 post offices in Budapest and other cities around the country on Thursday, spokeswoman Katalin Szasz told MTI on Tuesday. The closures will come just a few weeks after Magyar Posta shut down 38 post offices.

The closures are the second and last phase of a streamlining programme which is expected to save Magyar Posta more than HUF 500m a year, Magyar Posta spokesman CEO Tamas Tomecsko said earlier in February.

Mr Tomecsko said the post offices were closed in areas which had too much coverage compared to that stipulated under law. The law requires one post office for every community with more than 20,000 residents, he said, adding that the 169 post offices in Budapest are about twice the necessary number, considering this requirement.

The closures are part of an efficiency improvement programme started years earlier intended to prepare Magyar Posta for the full deregulation of the market in 2009.

Mr Tomecsko said Magyar Posta plans no further closures in the course of the year.

The Hungarian Postal Service (Magyar Posta Zrt.) is planning to close 103 post offices before the end of the year, and sell another 1,000 in 2008, writes fn.hu, based on a report in business daily Napi Gazdaság.
Starting today, 38 existing post offices will be closed, and another 65 will be shuttered on March 1.

Services will be cut where there are currently more post offices operated than specified by law. In Budapest, for example, there are 169 post offices, but only 86 are legally required.

Magyar Posta Assistant CEO László Szivi said that offices will also be closed where the volume of traffic does not justify their existence.

With the retreat of the company, a full liberalization of postal services can be expected by 2009. There are nearly 100 companies in Hungary registered to perform postal services, including several global firms, many of which are believed to be planning a further expansion of their operations once liberalization occurs.

The Hungarian Postal Service (Magyar Posta Zrt.) is planning to close 103 post offices before the end of the year, and sell another 1,000 in 2008, writes fn.hu, based on a report in business daily Napi Gazdaság.
Starting today, 38 existing post offices will be closed, and another 65 will be shuttered on March 1.

Services will be cut where there are currently more post offices operated than specified by law. In Budapest, for example, there are 169 post offices, but only 86 are legally required.

Magyar Posta Assistant CEO László Szivi said that offices will also be closed where the volume of traffic does not justify their existence.

With the retreat of the company, a full liberalization of postal services can be expected by 2009. There are nearly 100 companies in Hungary registered to perform postal services, including several global firms, many of which are believed to be planning a further expansion of their operations once liberalization occurs.

According to daily Nepszabadsag information, Hungarian Postal Service (MP) plans to get rid of more than 1000 of its 2841 post offices. The ones in small villages are planned to be integrated into a franchise network, while the superfluous offices in larger towns are to be closed down in 2007. The transformation has to be finished before 2009, the year of the liberalization of the postal services market. In the future, the postal business is likely to become a part-time job and done in e.g. a restaurant or a grocery. The company hopes the cuts will save billions of forints and will help MP to maintain competitiveness and profitability. The company is satisfied with the mobile postal service, which is operating in 950 villages and will go on expanding and developing it.