The express delivery business is booming. The top two companies on the market, DHL Worldwide and TNT Russia, said Wednesday that their businesses grew 31 percent and 40 percent last year, respectively, although neither would divulge dollar figures.
Read MoreAlready notorious for being slow, unreliable and inefficient, the Russian postal service is threatening to disintegrate completely if drastic measures are not taken fast.
In an effort to tackle the problem, the government is proposing uniting, or recentralizing, the currently independent regional postal services – which were scattered to rely on their own independent means in 1990 – into a single federal system.
PostEurop Annual Review 2000
Read MoreLeaders of the Russian and Estonian postal services will discuss in the course of three days opportunities of closer cooperation between the two countries’ postal institutions.
Directors of Estonian Post will receive on Wednesday Russian post office directors and brief them about the organization of the country’s postal service, a spokesman for Estonian Post reported.
Express mail market, the capacity of whichin Russia is about $100 million a year ismostly controlled by internationalcompanies: 51% belongs to DHL, 19% – toTNT, 10% – to UPS, 7% – to FedEx and 13% -to EMS “Garantpost”.
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