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

10.08.2012

Romania’s national postal company Posta Romana will provide postal services to electricity suppliers Enel Energie and Enel Energie Muntenia for a total 7.16 million lei (around EUR1.6 million), net more

09.26.2012

Romanian national postal operator Posta Romana will provide services to each country’s inhabitant one more year, until December 2013, this operation being currently a non-profit one for the more

09.21.2012

The consortium made of KPMG Romania and law firm Tuca Zbarcea&Asociatii won the bid for providing consultancy services in the sale of national postal operator Posta Romana, sources in Communications more

09.11.2012

PricewaterhouseCoopers (PwC) and KPMG filed Monday the bids for providing consultancy services in the sale of national postal operator Posta Romana, Communications minister Dan Nica said Tuesday. more

08.09.2012

The total losses of the Romanian postal company in the past three years amount to 484 million lei (EUR106.6 million) and the company risks to collapse if its restructuring plan is not successful. more

08.07.2012

Romania's Communications Ministry has announced it will hold the auction to select a consultant to advise the sale of a 20% stake in national postal operator Posta Romana on September 10. more

07.25.2012

Romania's Government has approved the plan to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a promise more

07.24.2012

Romania's Communications Ministry wants to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a promise to more

07.16.2012

A self-employed person, Gheorghe Mitroi, will evaluate the performance indicators set down in the budgets of Romtelecom, Posta Romana and Radiocom, companies where Romania's Communications Ministry more

07.06.2012

State-run postal company Posta Romana is one step away from insolvency unless it goes through a deep restructuring of its activity, after it cumulated losses of EUR72 million in 2008-2010 and debts to more

06.30.2012

The Romanian Government will notify the National Anticorruption Department of irregularities in the activity of state-run postal operator Posta Romana between 2009 and 2011. more

05.31.2012

Romania's telecom market regulator ANCOM has fined Total Post Services 50,000 lei (EUR11,198) for providing postal services on which state-owned postal company Posta Romana holds a monopoly until more

05.30.2012

Romanian state-owned postal company Posta Romana was allowed to rethink the payment of debts to state institutions to avoid entering insolvency, according to a decision approved by the Government more

05.29.2012

Romania’s state-run postal operator Posta Romana is losing nearly 4 million lei (EUR896,077) monthly due to various companies infringing on its monopoly on postal services held until December 31, more

05.18.2012

Romania's state-owned postal operator, Posta Romana, will sack almost 20% of its staff to avoid insolvency, with 1,029 employees to leave over the next three months and a further 5,500 employees in more

05.17.2012

The board of Romanian state-owned postal operator Posta Romana will discuss Friday a plan to restructure the company and avoid bankruptcy, entailing a new organization, and the sacking of 100 managers more

04.20.2012

Romania’s Communications Ministry has cancelled an auction to select a legal adviser for the privatization of state-owned postal company Posta Romana, citing faulty proceedings. more