Struggling to turn a profit, Posta Romana aims to spend millions on air mail

Ovidiu Posirca 21/08/2018 | 11:11

Posta Romana, the state-owned postal operator which is also the biggest employer in Romania, is looking to spend close to EUR 2 million for international air mail services.

Two companies have submitted bids in the 2-year contract worth EUR 1.73 million, VAT excluded. Up to now state-owned airline Tarom provided air mail services. In the current tender, Tarom is competing for the contract against BT Airmail, a company based in Miami that is controlled by a Russian citizen, according to

Posta Romana has been reporting slim profit margins in the past few years and the company has failed to make major investments in its network of physical postal offices. Walk into a post office from Bucharest and you might see postal operators using printing equipment more than a decade old for instance and clunky computers. Earlier this year, the government approved a capital injection of RON 170 million for Posta Romana.

In 2017, the company recorded a net profit of RON 13.9 million and a turnover of RON 1.12 billion, according to data from the Ministry of Finance. The company was also able to turn a small profit in the previous year, after posting a loss of RON 33 million in 2015.

Posta Romana’s average number of employees stood at 23,403.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Ovidiu Posirca | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue