Good for Business, Lithuania, Post Office, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 12:52

Lithuania's postal market grew by 11% in 2015

BC, Vilnius, 03.05.2016.Print version
Lithuania's postal and courier services market, as measured by revenue, grew to 120.8 million euros last year, up 10.8% from 109 million euros in 2014, the country's Communications Regulatory Authority said on May 3rd, informs LETA/BNS.

Postal service providers' revenue from letter-post items sent and received rose by 8% to 45.4 million euros, and revenue from parcels went up by 11.4% to 60 million euros.

 

State-owned Lietuvos Pastas (Lithuanian Post) held the largest market share, at 41.7%, in terms of 2015 revenue, followed by DPD Lietuva in second place with 17.1%.

 

Sixty-six companies held licenses to provide mail services in late 2015, of which 55 were actually operating.






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