HAKOM: The number of Postal Services on the Rise

ZAGREB, March 1, 2016 -In the last quarter of 2015, the postal services market of the Republic of Croatia recorded an increase in almost all of its segments, which had been expected since such a trend has been present for the last several years.
The biggest increase was noticed in the total number of postal services supplied, whereby 14 percent more services was provided than in the previous quarter and 3 percent more compared to the same period last year. Also, this is the biggest number of postal services provided in a quarter as compared with the results recorded in any of the individual quarter of the last three years. The increase of shipments of direct mail, parcels and printed matter had the biggest influence on the growth of services in total.
 
Business activity in the international mail traffic increased as well, where the number of provided services rose by almost 25 percent compared to the previous quarter and by 8 percent compared to the same period last year. This is largely due to an increase in the services related to e-commerce and cross-border parcel traffic.
The above mentioned results had an impact on the positive trends regarding the revenues generated from the provision of postal services. As a result, the revenues in the fourth quarter increased by 3 percent in comparison with the third quarter and by 8 percent in relation to the same period last year. A slight revenue increase was also recorded on an annual basis although the total number of provided services in 2015 was lower than in the previous year. The reason for that was enhanced provision of value added services.
 

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.