06.02.2013

Romanian state-owned company Posta Romana could have been a profitable company had it not been “plundered” through contracts that were definitely unfavorable, Communications Minister Dan Nica said more

05.31.2013

Romania’s debt-mired national postal company Posta Romana will lay off 11.4% of its staff, or 3,650 employees, following negotiations between management and unions. more

05.30.2013

Romanian state-owned postal company Posta Romana amassed losses of 532.9 million lei (EUR123 million) between 2009 and 2012, while it expected profit in each of the four years, according to data more

05.30.2013

Romania’s government is hoping the European Commission will allow it to convert some of the debts of state-owned postal company Posta Romana into shares so it can privatize the company, Prime more

05.29.2013

Romanian state-owned postal operator Posta Romana will be restructured in 180 days and potential investors have until June 30, 2014 to file binding bids for the privatization of the company, more

05.29.2013

Romania’s government will ask the European Commission to approve the conversion into shares of the state budget debts registered by postal operator Posta Romana, and the company’s 107 million lei more

05.29.2013

Romania’s Government Wednesday decided to extend by six months the deadline to sell a majority stake in state-owned postal operator Posta Romana after no investor was interested in buying the more

05.28.2013

No potential investor has bought the taskbook for the privatization of Romanian state-run postal company Posta Romana until May 28 deadline, the company’s general manager Ion Smeeianu told a press more

05.23.2013

Investors interested in a majority stake in Romanian state-run postal company Posta Romana have asked for the extension of the deadline for the submission of bids after the country's tax authority more

05.17.2013

Porsche Leasing Romania will provide 607 vehicles to Romania’s state-run postal service operator Posta Romana and the value of the contract won by Porsche Leasing amounts to EUR8.23 million (VAT more

05.15.2013

Romanian insurance company Astra will insure the 607 vehicles state-run postal service operator Posta Romana will buy following an auction. more

05.14.2013

Romania's state-owned postal service operator Posta Romana is likely to lay off 4,000 of a total 32,000 employees this year, following a slump in activity, union leader Matei Bratianu said Tuesday. more

04.08.2013

Porsche Leasing Romania submitted, at the end of March, the only offer within the auction set up by state-run postal company Posta Romana to award a contract estimated at EUR8.23 million, VAT more

04.01.2013

A part of the debts to the state budget of state-owned postal company Posta Romana will be written off through the transfer of the shares of stamp issuer Romfilatelia, entirely owned by the postal more

03.27.2013

Investors interested in a majority stake in Romanian state-run postal company Posta Romana have until May 28 to submit offers, instead of April 11 as initially announced, the Communications Ministry more

03.22.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday announced plans to attend an auction for the sale of 51% in state-run postal company Posta Romana. more

02.25.2013

Romania’s Ministry for the Information Society is seeking a strategic investor that will acquire a 51% in state-run postal company Posta Romana and is waiting for offers until April 11, the ministry more

02.21.2013

Romania’s state-owned postal company Posta Romana will set up an auction, in the first half of April, to award a contract estimated at EUR1.61 million, VAT included, for the purchase of 125 more

02.18.2013

Over ten companies sent non-binding letters of interest for the privatization of Romanian postal company Posta Romana, a process that is expected to be completed in June, Communications Minister Dan more

02.13.2013

Romania’s state-owned postal company Posta Romana will set up an auction, at the end of March, to award a contract estimated at EUR8.23 million, VAT included, for the purchase of 607 new and/or used more

02.12.2013

Around 1,500 employees with Romania’s state-owned postal company Posta Romana are protesting Tuesday in Bucharest, calling on the company’s managers to step down. more

12.26.2012

Romania’s state owned postal company Posta Romana is seeking loans of 100 million lei to fund its working capital, for a total cost of RON8.8 million. more

12.14.2012

Romanian state-owned postal company Posta Romana will be privatized through a share capital hike, and the future investor will hold a 51% stake in the company instead of a previously agreed 20%, more

12.05.2012

Romanian state-owned postal company Posta Romana is considering providing banking, insurance brokerage or mobile telephony services to offset a further decrease in turnover expected for 2013, as the more

11.27.2012

The Bucharest Court on Tuesday sentenced Mihai Toader, former general manager with Romania’s national postal company Posta Romana, to six years in prison in the file on the post office’s land. more