Osterreichische Post might enter Romanian postal service market

November 29th, 2007

postal service growing in romaniaThe Austrian supplier of post services Osterreichische Post AG could make acquisitions in four countries from the Balkans, Romania included, in order to extend their courier and parcel delivery activities on the background of the growth of competition on the market from Austria, Rompres informs.

“We would like to do this in the next 15 months,” the financial director of Osterreichische Post, Rudolf Jettmar said, while stressing that the Austrian firm targets Bosnia, Romania, Bulgaria and Slovenia. In the opinion of Jettmar, these four markets are relatively small but have a solid growth.

Osterreichische Post has reserved EUR 150 M for acquisitions, announced Rudolf Jettmar. In the next three years, the domestic and international express courier market from Romania could exceed half a billion Euro, three times more than the current value.

Sursa: www.nineoclock.ro

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