Estonia’s state-owned postal services provider, Eesti Post (Omniva), generated total revenues of EUR 154.7mn in 2025, which was up EUR 13.3mn (9%) from 2024, ERR reports. Revenue from parcel and courier services amounted to EUR 109.4mn (up 13%), from postal services to EUR 38.6mn (down slightly), and from universal postal services to EUR 7.6mn (down…
The Estonian government has agreed to privatise the state-owned postal services company, Omniva (Eesti Post), through a public auction, ERR reports. Sigrid Soomlais, undersecretary for regional development at the Ministry of Regional Affairs and Agriculture, said that the main reasons for the decision to sell off the company were the changed market situation and the…
Estonia’s Minister of Regional Affairs and Agriculture, Piret Hartman, has proposed privatising part of the state-owned postal services provider, Eesti Post, ERR reports. She said that the earliest date for a possible IPO could be in 2027. The state would nevertheless retain majority ownership of the company, the minister assured. Eesti Post needs additional capital…
Estonian postal services provider Omniva has opened a new logistics centre near Lithuania’s second-largest city, Kaunas, BNS reports. The company invested EUR 42mn in the new facility, which was the group’s largest investment to date. The logistics centre, located in the Kaunas Free Economic Zone (KLEZ), has an area of almost 22,000 m2. The facility…
Estonia’s state-owned postal services provider, Eesti Post, which operates under the Omniva brand, plans to raise the price of universal postal services by a third as of 1 January 2025, ERR reports. If the Estonian Competition Authority (Konkurentsiamet) approves the rate hike, the postage price of a standard domestic letter will rise from current EUR…
The Latvian parliament, the Saeima, has rejected a motion of no confidence submitted by the opposition National Alliance against Transport Minister Kaspars Briskens, LSM reports. Altogether 48 MPs voted against the motion, 43 in favour, and none abstained. The opposition’s criticism was related to problems at state-owned postal company Latvijas Pasts, national air carrier airBaltic,…
Lithuanian and German officials have signed an agreement on the rights of German troops, civilian personnel, and their families in Lithuania, BNS reports. The agreement was signed by the Lithuanian and German defence ministers, Laurynas Kasciunas and Boris Pistorius, as well as deputy foreign ministers Jonas Survila and Tobias Lindner, in Berlin. The agreement provides…
Latvia’s state-owned postal services provider, Latvijas Pasts, has submitted a new tariff plan for universal postal services to the Public Utilities Commission (SPRK), LETA reports. The company plans to raise tariffs on the domestic delivery of letters, parcels, and press publications as well as for cross-border postal services as of 2025. Latvijas Pasts said that…
Latvia’s state-owned postal services provider, Latvijas Pasts, has reversed its decision to close down more than half of its post offices, LETA reports. The company will only close down 12 post offices in places where the number of post offices exceeds the requirements on universal postal services. Latvijas Pasts plans to relocate post offices in…