VAS Latvijas Pasts
Company typeState joint-stock company
IndustryMail
Founded2 January 1992 (1992-01-02)[1]
Headquarters
Riga
,
Latvia
Number of locations
600 post offices (2013)[2]
Area served
Latvia
Key people
Beāte Krauze-Čebotare (Chairman of the Board)
Kristaps Krūmiņš
Andris Puriņš
Jānis Kūliņš [3]
Revenue
  • Increase 58 million EUR (2013)[2]
  • 37.99 million LVL (2012)[4]: 7 
  • Decrease 4.5 million EUR (2013)[2]
  • 3.41 million LVL (2012)[4]: 7 
OwnerGovernment of Latvia
Number of employees
  • Decrease more than 4,200 (2013)[2]
  • 4,413 (2012)[4]: 26 
Websitewww.pasts.lv

VAS Latvijas Pasts (English: Latvian Post) is the main state-owned postal service provider in Latvia headquartered in Riga. It was founded on 2 January 1992, following shortly after the restoration of independence of the country.[1]

History

Latvia Post was founded on 2 January 1992 as a state-owned company, prior to which multiple postal companies had already existed in the territory. On 1 November 2004, Latvia Post was re-registered simply as a state joint-stock company instead of having the status of a nonprofit organization state stock company.[1]

In 2014, Latvia Post partook in the transition from lats to euro that took place in the whole country by providing currency exchange services following the official exchange rate of 1.00 LVL for 1.42 EUR for 3 months in 302 post offices where it was deemed necessary due to local banking service availability issues.[5]

See also

References

  1. ^ a b c "Pasts History". Latvijas Pasts. Retrieved 19 June 2014.
  2. ^ a b c d "Latvijas Pasts concludes its first year in open postal market with turnover of EUR 58 million and profit of EUR 4.5 million; quality increases". Latvijas Pasts. 10 June 2014. Retrieved 19 June 2014.
  3. ^ "Pasts Board". Latvijas Pasts. Retrieved 1 August 2016.
  4. ^ a b c "2012. gada pārskats" [Report for Year 2012] (PDF) (in Latvian). Latvijas Pasts. 8 July 2013. Retrieved 19 June 2014.
  5. ^ "Latvijas Pasts to ensure exchange of lats to euros at 302 specially identified post offices throughout Latvia". Latvijas Pasts. 30 October 2013. Retrieved 19 June 2014.


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