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What is the financial situation of "Post"?

Posted: Thu Jan 23, 2025 4:45 am
by tanjimajuha20
The Ozon representative recalled that they "have repeatedly noted that they are in favor of market development of relations with Russian Post": "It should be based on a business partnership that will allow Russian Post to successfully earn money as our partner. The format of collecting infrastructure payments contradicts the mechanisms of the market and will affect not only us, but also sellers and buyers."

A representative of Yandex.Market declined to comment. RBC sent a request to Wildberries and Sbermegamarket.

According to the consolidated canada whatsapp resource financial statements, last year Russian Post's revenue amounted to RUB 221.2 billion, and the total loss was RUB 30.4 billion instead of a profit of RUB 2.34 billion in 2021. According to the results of the first six months of this year, Russian Post's revenue increased by 1.3% compared to the same period in 2022, to RUB 108.4 billion, and the total loss decreased almost threefold, to RUB 6.3 billion.

At the beginning of this year, the company changed its CEO: Mikhail Volkov, who previously headed the National Lottery, took the place of Maxim Akimov. Experts linked the appointment with the need to improve the financial performance of Russian Post.

On Monday, September 25, Federation Council Speaker Valentina Matviyenko said that a financial hole is growing in Russian Post. "Maybe there are other processes going on there that need to be fixed with the participation of law enforcement agencies or others. Well, it's impossible: the financial hole in Russian Post is growing and growing, and no one is reacting," she said at a meeting, addressing Economic Development Minister Maxim Reshetnikov. According to her, if the government puts the issue "on the back burner," "the financial hole will turn into a huge pit into which everything will fall."

The head of the Ministry of Economic Development, in turn, stated that the issue of the financial state of the Russian Post "is of great concern." According to him, the state needs to look for a permanent financial source to balance the economy of the Russian Post, and now there are two options: either a payment from the budget through the delivery of pensions and benefits, or an infrastructure payment through online trade in favor of the Russian Post. Moreover, Reshetnikov said that the government would rather go down the path of infrastructure payment.

The head of Russian Post, Mikhail Volkov, stated through the press service that at the beginning of the year the company's financial situation "was extremely difficult", but in six months it was possible to change the situation - reduce losses from operating activities, open temporarily closed branches, etc. "But the situation remains very tense. About 27 thousand of our post offices are located in rural and remote settlements. Most of them have negative marginality and carry out an exclusively social mission. People need them, the state needs them, but their maintenance requires systemic support," Volkov said.

A government representative forwarded RBC's questions to the Ministry of Digital Development. RBC sent inquiries to the Ministry of Digital Development, the Federation Council, and the Ministry of Finance.