Posta Romana Posts Gross Profit Of EUR3.8M In 2016

Romania's state-owned postal operator Posta Romana kept a positive trend and registered a gross profit of RON17.2 million (EUR3.8 million) in 2016.

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Imaginea articolului Posta Romana Posts Gross Profit Of EUR3.8M In 2016

Posta Romana Posts Gross Profit Of EUR3.8M In 2016

The company registered total revenue of RON1,135 million and expenses of RON1,117 million and continues its measures for economic-financial consolidation in full convergence with shareholders’ development strategies and policies. Its goal is to increase and diversify services, the company said in a statement.

The capitalization process of Posta Romania by its two shareholders, the Communications Ministry and investment fund Fondul Proprietatea, is expected to be completed by September 2017.

 

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