The Romanian Post National Company aims to get a profit worth RON 100 million in 2014, when it will also enter in the insurance brokerage market, the company’s director general Ion Smeeianu said yesterday at the opening of an upgraded post office in Bucharest, Mediafax reports. In 2012, the company reported losses of RON 52.06 million and a turnover of RON 1.21 billion. “At the end of the first nine months, the company is still operating in the red, but we hope to register better financial results in October, given that the company’s salary fund went down 12 per cent following the layoff of 3,650 employees. At this moment, the Romanian Post has about 27,500 employees,” Smeeianu said.
The Romanian Post National Company will offer brokerage services starting Jan. 2014, Minister for the Information Society Dan Nica announced in his turn. ‘The only ones having remained to carry out quality activity are the ones at the Romanian Post. Unfortunately, there are very many operators in the market boasting themselves to be ‘postal services operators’ and what is happening is a sad thing, which I want to signal as such. Very many postal dispatches to clients either of CEC (Romanian Savings Bank – editor’s note) or Orange (mobile operator) are being virtually dumped at the entrance to the apartment blocks, because the relevant firms had gone to the auction with a very small price and do not have the required capability to distribute. (…) I will notify the Communications Regulatory Authority because the quality of the postal services is a must, no matter if the Romanian Post or other postal operators,’ Nica said. The Romanian Post Managing Director Ion Smeeianu explained the new company SC Broker Posta Romana will strictly offer insurance brokerage. ‘SC Broker Posta Romana is at the phase of being accredited at the National Supervisory Authority. /…/ The company will be a broker, not an insurance company. We will provide the services to other insurance companies, it depends on what the client wants’, he said.
Smeeianu also said that in no more than 30 days, the Romanian Post will open alongside a partner the first post office under a franchise arrangement. “In addition, we shall launch the project The Telecom Counter to trade the products and services of telecommunications operators such as Romtelecom and 2K Telecom. (…) The Post’s revenues will also come from commissions,” according to Smeeianu. Following an investment of RON 180,000, the Romanian Post opened in Bucharest an upgraded post office located on the Iancului Avenue 5-7. Thanks to the revamp works, post services of higher quality will be provided. Another modernized post office was opened on the Banu Manta Boulevard.