Air Freight and Logistics
Company Overview of AB Lietuvos pastas
AB Lietuvos pastas provides postal and logistics for private customers and businesses in Lithuania. Its postal services include letter post services, parcels, courier mail services, economy items, hybrid mail, and postal items. The company also provides financial services in the areas of paypost, money orders, fees credits, government savings notes, pension funds, and VAT refund services; facsimile and additional services; printing and enveloping services; and advertisement services. In addition, it sells philately products, such as postage stamps, first day sheets, thematic folders of stamps, books, etc.; and bus tickets and special envelopes. AB Lietuvos pastas was founded in 1918 and is b...
J. Jasinskio g. 16
Founded in 1918
Key Executives for AB Lietuvos pastas
Director of Legal and Administrative Affairs Division
Head of Marketing and Communication Department
Compensation as of Fiscal Year 2016.
AB Lietuvos pastas Key Developments
Lithuanian Post, Telecentras May Go Public In Future
Mar 9 16
Rimantas Sinkevicius, Lithuanian Minister of Transport and Communications said, "My opinion regarding this issue (of stock exchange listing) is positive. I think that out of the companies within our system, AB Lietuvos pastas is the most likely to float its shares on the stock exchange. I believe this will not happen in the near future, in a year's time, but they seem to be the nearest to offering their shares for sale on the stock exchange". Rimantas Sinkevicius further added, "AB Lietuvos radijo ir televizijos centras is another company that could be listed on the stock exchange. The company's management board is already looking into this issue, but it is an idea for 2017, because preparatory and other work takes much time".
Lietuvos Pastas Reports Consolidated Earnings Results for the First Three Quarters Ended September 2015
Nov 19 15
Lietuvos Pastas reported consolidated earnings results for the first three quarters ended September 2015. For the period, the company reported EUR 51.467 million in consolidated revenue, up 13.8% from EUR 45.367 million in the same period last year. The group's net losses rose by 5.8% to EUR 1.285 million EBITDA for the three quarters dropped by 34.6% year-on-year to EUR 555,000.
Lietuvos pastas Mulls Listing
Aug 25 15
AB Lietuvos pastas intends to pursue listing. Lietuvos pastas. Minderene, Chief Executive Officer, said that 30% of the shares of Lietuvos could be made public. According to the Ministry of Economic Affairs and Communications, making Lietuvos a publiccompany was not on the agenda as it would be included in the holding of transport enterprises.
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