Bloomberg News

Austrian Post Buys 26% Stake in Postmaster S.R.L., Romania

October 20, 2011

Oct. 20 (Bloomberg) -- Oesterreichische Post AG, the Austrian state-owned mail operator, has acquired a 26 percent stake in Romanian postal service PostMaster s.r.l., it said in a statement. PostMaster expects 10 million euros of revenue this year and employs about 100 staff, it said.

Link to Statement:{NSN LTD9D03PR6RK <GO>}

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