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Romanian Postmaster Fully Owned by Austrian Post

Published: November 8, 2012; 15:30 · (Vindobona)

Austrian Post has acquired the remaining 74% shareholding in the Romanian company Postmaster s.r.l. which is the leading alternative postal services provider in Romania.

Romanian Postmaster Fully Owned by Austrian Post / Picture: © www.post.at

In October 2011, Austrian Post had already acquired a 26% stake, and now increased its interest in the firm to 100%. Accordingly, Austrian Post has taken a further step towards implementing its growth strategy, and concluded its entry in one of the largest CEE markets. The parties to the transaction have agreed to maintain confidentiality with respect to the purchase…

This article includes a total of 184 words.

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