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November 28, 2015 12:25 PM ET

Air Freight and Logistics

Company Overview of VAS Latvijas Pasts

Company Overview

VAS Latvijas Pasts provides postal services. The company maintains post offices that accept various types of domestic and cross-border postal consignments, such as standard and recorded letters; standard and recorded postcards; standard and recorded parcels; standard and insured small packages; standard and insured post packages; M bags; printed materials; and direct postal consignments. It also offers philatelic products, such as stamps, special covers, exhibition postcards, exhibition booklets, first day covers, maximum cards, first day pages, special cancellations, and order forms. The company provides direct marketing solutions and consignment processing services, as well as offers unive...

Ziemelu Street 10

International Airport Riga

Marupe District,  1000


Founded in 1992


371 27 008 001


371 67 608 301

Key Executives for VAS Latvijas Pasts

VAS Latvijas Pasts does not have any Key Executives recorded.

VAS Latvijas Pasts Key Developments

Latvijas Pasts Announces Consolidate and Parent Company Earnings Results for the Year 2014

Latvijas Pasts announced consolidate and parent company earnings results for the year 2014. The company reported EUR 61.685 million in consolidated turnover for 2014, which was a 5.9% increase from a year before, while its profit shrank 2.9 times to EUR 1.727 million. The turnover of the group's parent company, Latvijas Pasts, grew 6.2% year-on-year to EUR 61.43 million, and its profit was EUR 1.714 million, or 2.6 times smaller than in 2013.

Latvijas Pasts Provides Earnings Guidance for the Full Year of 2014

Latvijas Pasts provided earnings guidance for the full year of 2014. The approximate results of 2014 are a 5% growth of turnover and a profit between EUR 1 million and EUR 1.5 million.

Latvijas Plans To Sell 60 Buildings

VAS Latvijas Pasts is planning to sell 60 of its buildings. Latvijas would sell off postal offices located near railway stations, given that it no longer transported mail by rail.

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