Romanian Post set to lay off 600 workers under IMF deal
Romanian Post needs to slim down its work force by 600 and close 135 post offices by the end of April, under an agreement between the Romanian government and the IMF.
Read MoreTag: Posta Romana
Posta Romana to appeal $32m antitrust fine
Romania’s national postal operator has said it will appeal a $32 million fine imposed by the country’s competition authorities.
Read MorePosta Romana fined $32m
The Romanian national postal operator has been fined $32m by the country’s industry regulator.
Read MoreCountry sheet: Romania – Main Developments in the Postal Sector (2006-2008)
Country sheet: Romania – Main Developments in the Postal Sector (2006-2008)
Read MorePosta Romana fights for market share
Compania Nationala Posta Romana (Romanian Post Office Company) estimates it will employ more than 35,500 people by the end of this year, 400 more than last year, despite the gradual elimination of 2,650 jobs.
“We will outsource valuable parcel shipping activities to Group 4 Securicor, and 1,100 employees will most likely be taken over by this firm in a year’s time. We’ll also automate mail-processing centres and outsource maintenance and cleaning activities. Overall, we’ll slash 2,650 jobs,” said Mihai Toader, manager of Posta Romana.
However, Toader stated most employees would be moved to other positions, with the number of employees expected to increase constantly in the coming years against turnover growth.
Posta Romana ended last year with turnover worth 1bn RON (312m euros) and forecasts 40 pct turnover growth for this year. First quarter figures confirm this projection, after turnover derived in the first three months increased 47 pct on 2007, and reached 94m euros.
The local election campaign will also encourage the company’s turnover growth.
In particular, Posta Romana redevelopment is being aided by contracts with private firms, and company representatives want to cut the share of contracts sealed with the state in turnover.
Practically, the entire delivery and postal services market has followed an upward trend in recent years.
Read MoreMER Magazine
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.