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MOT explained: I Saw the Post lost millions

Traditional mail volume has been declining for several years. The post has applied for logistics, i.e. different products transportation and storage of the new economy to the stone feet. Financial statements concluded the strategy is not successful.

in the Years 2008-2015 Postal logistics services produce more than 170 million loss. At the same time, traditional postal services production of nearly 500 million euros to win.

in Recent years, the Post is no longer opened publicly accurate sectoral readings. Traditional postal services and logistics were combined in 2016 in a single unit.

MOT asked for two business analysts to analyze the mail of the latest financial statements.

Analysts said there is nothing to suggest that the traditional postal services operating income would have suddenly collapsed, or in logistics, operating profit increased dramatically.

Logistics is therefore still does not seem to support postal services, quite the contrary.

transport users: the post's expansion is a threat to private

the Transport entrepreneurs have already several times invoked the state-the owner of the post's logistics business to the curb.

In 2017 in the petition entrepreneurs note that the post's "aggressive expansion ‘unlimited groups’ resources and the traditional and profitable postal activities production, with loss butt reinee is a threat to private transport companies".

This fall, five entrepreneurs presented the owner the control the minister of Sirpa Paaterolle calculations, according to which the Post office has offered to transport up to 30% lower prices than other entrepreneurs.

Mail ban price pedaling and said he was acting entirely on market terms.

Read more the Post the acquisition and loss of Russian business here.

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