Romanian postal services co Posta Romana invests 24,000 euro in automatic counter

2022-07-02 03:53:36 By : Mr. Bruce Zhao

Losses in Hrvatski Telekom push lower Croatian equity indices

Elektroprivreda HZHB replaces Solana in Sarajevo bourse's blue-chip index

Sofia bourse indices slip amid brisk trade

Bulgarian president asks WCC's PM-designate Assen Vassilev to form new govt

Ljubljana bourse indices inch up, Krka gains most

BUCHAREST (Romania), June 6 (SeeNews) - State-owned postal services operator Posta Romana said on Monday it has opened its first automatic counter following an investment of 120,000 lei ($26,000/24,000 euro).

The automated counter can weigh and measure parcels, while also printing AWB labels and receipts, Posta Romana said in a press release. Taxes and bills can also be paid using the equipment.

"We strongly believe that the presence of this option in our post offices will be a significant milestone in the process of digital transformation of a range of postal services in order to better respond to market demands," Posta Romana general director Valentin Stefan said.

Posta Romana has the largest distribution network in Romania, employing over 23,000 people in 5,500 units. The Romanian state owns a 93.52% stake in the company, while the remainder is held by investment fund Fondul Proprietatea.

Posta Romana announced in May it had partnered up with supermarket chain Auchan Romania to sell 150 types of products in its postal branches.

According to finance ministry data, Posta Romana recorded in 2021 a net profit of 42.5 million lei, up from 29.3 million lei net profit the previous year. The company’s net turnover was 1.35 billion lei in 2021, up compared to 1.28 billion lei in 2020.

SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers.

Get ahead of the competition with SeeNews Premium Access. Unlimited news and objective analysis you can trust, company data and more. Subscribe now and start making agile business decisions.