Eesti Post reports record turnover, profits in 2020
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...
Source: news.err.ee