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

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

01.28.2013

Romanian state-owned postal company Posta Romana will be privatized through share capital increase by mid-June 2013, provided the European Commission approves the procedure, according to the latest 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