Korea Post

Company type	Government statutory agency
Industry	Logistics, distribution, finance
Founded	March 27, 1884; 140 years ago (1884-03-27) (as Department of Postal Administration) July 1, 1946; 77 years ago (1946-07-01) (as Ministry of Post and Communication) July 1, 2000; 23 years ago (2000-07-01) (as Korea Post)
Headquarters	Sejong City, South Korea
Key people	Kang Seong Ju (President of Korea Post)
Products	National/international mail delivery and special handling, third-party logistics, insurance, banking/postal savings
Revenue	2,333,583,000,000 KRW (2013)
Parent	Ministry of Science and ICT
Website	www.koreapost.go.kr

Korea Post
Korean name
Hangul	우정사업본부
Hanja	郵政事業本部
Revised Romanization	Ujeong Sa-eop Bonbu
McCune–Reischauer	Ujŏng Saŏp Ponbu

Korea Post is the national postal service of South Korea, under the authority of the Ministry of Science and ICT, formerly Ministry of Knowledge Economy until 2013. Korea Post is in charge of postal service, postal banking, and insurance services. Its headquarters are in Sejong City.

Functions

Korea Post is charged with providing the following postal and financial services at post offices:

• Basic postal service (handling and delivering mail and parcels)
• Additional postal services (registered mail, customer pickup, P.O. Box, sales of local products by mail order and postal errand service)
• Postal savings, money orders and postal giro
• Postal insurance.

Organization

• Two divisions with four bureaus
• Affiliated agencies:
  • Korea Post Officials Training Institute
  • Korea Post Information Centre
  • Supply and Construction Office of Korea Post
  • Regional Communications Offices in Seoul, Gyeongin, Busan, Chungcheong, Jeonnam, Gyeongbuk, Jeongbuk, Kangwon, Jeju
  • 3,631 post offices

Investments

Korea Post invests in a wide variety of assets. In 2016, Korea Post invested in its first French property.^[1]