Page 6 - Eesti Post News Today : Breaking News, Live Updates & Top Stories | Vimarsana

State-owned postal service Eesti Post/Omniva posted record turnover and profits for 2020. While Eesti Post made a loss in 2019, and has been experiencing falling postal custom for over a decade, the year of the pandemic saw it move into the black, to the tune of €9.6 million, while turnover saw a nearly 50-percent rise to €135.6 million. "While the company ended 2019 with a loss and the difficult financial situation continued into the following year, 2020 was characterized by finding greater efficiency in operations and launching a strategic change to achieve this," Eesti Post boar member...

A steering committee addressed Tuesday a legal conundrum which has for many years led to postal services being kept running while under-utilized in some areas of the country, while they are over-taxed in more populous locations such as Tallinn. The proposed rationalization will reportedly not spell post office closures, however. The group, consisting of representatives of state-owned postal carrier Omniva/Eesti Post, the Ministry of Economic Affairs and the Competition Authority (Konkurentsiamet), found that postal service availability should be measured by its supported and supporting popula...

Controversy has arisen between state-owned mail service Eesti Post and an organization representing private media companies in Estonia over newspaper and magazine delivery prices. While Eesti Post says that declining volumes require higher delivery prices, media firms are asking for a price freeze for several years. A delivery price increase of 8.7 percent has been agreed for 2021, far in excess of what the Estonian Association of Media Enterprises (EML)  wants, i.e. zero increase. At the same time, current law requires a minimum of one periodical delivery per day, six days a week, in order ...

Estonian Tax, Customs Board: Rules for ordering goods from UK to change 2020-12-14 BNS/TBT Staff TALLINN - The Estonian Tax and Customs Board is reminding that, from Jan. 1, parcels ordered from the United Kingdom costing over 22 euros will be subject to VAT and parcels over 150 euros will be subject to customs duties. Due to the withdrawal of the United Kingdom from the European Union, new rules must be taken into account when ordering parcels next year. This means that if the total value of the goods ordered by post is more than 22 euros, the customer must declare the consignment to custo...

The Tax and Customs Board is reminding that, from January 1, parcels ordered from the United Kingdom costing over €22 will be subject to VAT and parcels over €150 will be subject to customs duties. Due to the withdrawal of the United Kingdom from the European Union, new rules must be taken into account when ordering parcels next year. This means that if the total value of the goods ordered by post is more than €22, the customer must declare the consignment to customs and pay 20 percent VAT. If the value of the ordered goods exceeds €150, in addition to VAT, a customs duty must be paid...