Post office management works to cut losses

Oct 28, 2009
From wire reports

RIGA - Disarray continues at state-run postal company Latvijas Pasts as management has not yet been able to come up with any specific solutions for getting it out of its financial troubles, reports news agency LETA. Transport Ministry State Secretary Nils Freivalds says that management has been inconsistent in its decisions, therefore no conclusions on a new business model have been made, despite what seemed to be progress earlier this month. The board on Oct. 16 approved a new development s ...

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