Categorized | Business, Daily News, EU

Hungarian Post to remain in state hands until 2013

    Efforts will be focused on preparing the company to perform well
in the face of competition, Szabo said at an event held to celebrate
the 133rd World Post Day.

    Deputy director general of the Universal Postal Union Huang
Guozhong said it will remain the responsibility of state to secure
universal postal services even after the market is liberalised.

    Chairman of PostEurop Bernard Damiens noted that traditional
postal services must also compete against email and must meet
heightened customer expectations. Considering that traditional
letters and parcels need to be physically transported, reducing the
emission of greenhouse gases will also need to be taken into
consideration. The EU plans to reduce greenhouse gas emission by 10
percent in the next five years.

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