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HAKOM: Increasing Demand for Parcel Services
PRESS RELEASEThe trend of parcel services growth in the Croatian market has continued in the second quarter of 2018 in comparison to the previous quarter and the same period of the previous year, eventually recording revenue growth in the postal services market.
ZAGREB, September 7, 2018 – At the postal services market in the Republic of Croatia a positive growth from previous periods has continued in the second quarter of this year. The parcel delivery service segment increased by 6 percent compared to the first quarter of 2018, or 11 percent compared to the same period last year. The greatest impact on the growth of parcel services are "express" parcels, i. e the added value services mostly related to e-commerce. The number of these parcels has increased for more than 8 percent compared to the previous quarter. The parcel share on the overall postal market has also been increased due to parcel growth currently covering 6.6 percent of the postal services market.
The total revenue on postal services market is in constant growth, although the total number of services is lower by about 2 percent compared to the previous quarter. In the second quarter of 2018, about 2 percent more revenue was realized than in the previous quarter, or 6 percent more than in the same period of the previous year, as a result of the aforementioned increase in the value added parcels and services. The continuation of positive trend is expected in the future due to expected e-commerce growth as a generator in the postal services market.
The number of postal service providers has not changed. At the end of the second quarter, on the postal services market of the Republic of Croatia there were 23 postal service providers, including HP-Hrvatska d.d. the largest provider with 85 percent market share.
The total revenue on postal services market is in constant growth, although the total number of services is lower by about 2 percent compared to the previous quarter. In the second quarter of 2018, about 2 percent more revenue was realized than in the previous quarter, or 6 percent more than in the same period of the previous year, as a result of the aforementioned increase in the value added parcels and services. The continuation of positive trend is expected in the future due to expected e-commerce growth as a generator in the postal services market.
The number of postal service providers has not changed. At the end of the second quarter, on the postal services market of the Republic of Croatia there were 23 postal service providers, including HP-Hrvatska d.d. the largest provider with 85 percent market share.
For more information on the postal services market data for the second quarter please contact the following link (HAKOM) web site at default.aspx?id=29
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For additional information please contact:
Croatian Regulatory Authority for Network Industries (HAKOM)
Roberta Frangeša Mihanovića 9
10110 Zagreb, Croatia
Tel. + 385 (0) 1 700 70 07
Fax + 385 (0)1 700 70 70
Media inquiries can be submitted online using HAKOM’s official website:
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ABOUT HAKOM: HAKOM (www.hakom.hr) - Croatian Regulatory Authority for Network Industries – ensures preconditions for a fair market competition, stable growth and environment for innovations in the electronic communications and postal services market. HAKOM protects users’ interests and the possibility of choice among various communications and postal services at affordable prices, defines sustainable competitive conditions for operators and service providers under fair conditions for return on investment, and provides support to economic growth, public services and the quality of life in the Republic of Croatia by using modern technologies. HAKOM’ strategic goals are: to promote regulation of the electronic communications and postal services market, to support growth of investments and innovations in the electronic communications and postal services market, to provide efficient use of limited resources, to accelerate the growth of broadband products and services, to provide affordable offers of communications and postal services, to provide protection and informing of users, to build an efficient and comprehensive information system, to define and implement efficient processes, and to acquire multi-disciplinary competencies in market regulation.
