August 24, 2016 4:16 PM ET

Air Freight and Logistics

Company Overview of Compania Nationala Posta Romana S.A.

Company Overview

Compania Nationala Posta Romana S.A. provides postal services in Romania. The company offers personal postal services, such as letter mails, postal cards, books, newspapers, magazines, merchandise, money transfer, electronic mail, and various payments services; and business postal services, including franking systems, direct marketing, advertising, express delivery services, and printing solutions. It also provides other services, such as post office box rental, change of destination, retail services, press subscription–contracting, insurance policies, and selling tickets to concerts, shows, and sports competitions. The company was founded in 1991 and is headquartered in Bucharest, Romania.

140 Dacia Boulevard

2nd district

Bucharest,  020065

Romania

Founded in 1991

Phone:

40 21 939 3111

Fax:

40 21 200 7470

Key Executives for Compania Nationala Posta Romana S.A.

Executive Director
Executive Director
Executive Director
Deputy General Manager and Executive Director
Compensation as of Fiscal Year 2016.

Compania Nationala Posta Romana S.A. Key Developments

Posta Romana Reports Earnings Results for the First Half Ended June 2016

Posta Romana reported earnings results for the first half ended June 2016. For the period, the company’s net profit rose 2.5% on the year to RON 19.6 million ($4 million/€3.5 million). Total revenues fell 0.4% on the year to RON 562 million.

Privatization Of Posta Romana Could Begin This Year

Compania Nationala Posta Romana S.A. could be privatized this year, Communications Minister, Marius Bostan said on February 5, 2016. "I cannot say when the IPO will be done. I could plan it after seeing a strategic plan, when we get dividends, see the financing resources for the company's development, because development is necessary both in automation in order to provide quality services, on the diversification side," said Marius Bostan.

State To Sell Posta Romana Shares Via IPO

Marius-Raul Bostan, Communications Minister, stated that the Ministry of Communications is considering selling shares of Compania Nationala Posta Romana S.A. through an initial public offering (IPO) on the stock market. “We will try to transform the Post into a public company. The state will continue to hold shares, but the company needs to enter into a process of transparency,” said Marius-Raul Bostan.

Similar Private Companies By Industry

Company Name Region
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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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