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VAS '''Latvijas Pasts''' ({{lang-en|Latvia Post}}) is the main [[Government-owned corporation|state-owned]] [[Mail|postal service]] provider in [[Latvia]] headquartered in [[Riga]]. It was founded on 2 January, 1992, following shortly after the [[History of Latvia#Restoration of independence|restoration of independence]] of the country.<ref name="AboutCompanyHistory" />
VAS '''Latvijas Pasts''' is the [[company]] in charge of the [[Latvia]]n [[mail|postal service]]. Established in 1992 following newly regained Latvian independence, it took over the mail delivery duties of its predecessors that began in the year 1632.<ref>{{cite web|url=http://www.pasts.lv/en/about-company/history/|title=Pasts History|last=Latvijas Pasts|year=2012|publisher=Latvijas Pasts|accessdate=20 August 2013}}</ref> Following political [[liberalization]] efforts, it was turned into a public limited company in 2004. In 2014 the Latvian Post had a key role in [[Latvia and the euro|converting the country]] from [[Latvian lat]] to the [[euro]] currency. Lats are exchanged at the post offices at the official [[exchange rate]] as published by the government, 0.702804 euros to the lat. The free exchange will be available from the start of this month until the end of March. Customers looking to change more than 3,000 lats (EUR 4,300) in a transaction will have to notify the post office in advance, filling out an application form and providing proof of identity three days before the currency will be exchanged.<ref>{{cite web| url =http://postandparcel.info/59489/news/retail-news/latvias-post-offices-have-key-role-as-nation-converts-to-euro-currency/| title =Latvia’s post offices have key role as nation converts to euro currency| work =Post&Parcel| accessdate = 4 January 2014}}</ref>

== History ==

Latvia Post was founded on 2 January, 1992 as a state-owned company, prior to which multiple postal companies had already existed in the territory. On 1 November 2004, Latvia Post was re-registered simply as a state [[joint-stock company]] instead of having the status of a [[nonprofit organization]] state stock company.<ref name="AboutCompanyHistory" />

In 2014, Latvia Post partook in the [[Latvia and the euro|transition]] from [[Latvian lats|lats]] to [[euro]] that took place in the whole country by providing [[Bureau de change|currency exchange]] services following the official exchange rate of 1.00&nbsp;[[Latvian lats|LVL]] for 1.42&nbsp;[[Euro|EUR]] for 3 months in 302 post offices where it was deemed necessary due to local banking service availability issues.<ref name="ExchangeLatsToEuro" />


== See also ==
== See also ==

* [[Postage stamps and postal history of Latvia]]
* [[Postage stamps and postal history of Latvia]]
* [[List of people on stamps of Latvia]]
* [[List of people on stamps of Latvia]]


==References==
== References ==

{{Reflist|refs=
{{Reflist|refs=
<ref name="AboutCompanyBoard">{{cite web|title=Pasts Board|url=http://www.pasts.lv/en/about-company/board/|publisher=Latvijas Pasts|accessdate=19 June 2014}}</ref>
<ref name="AboutCompanyBoard">{{cite web|title=Pasts Board|url=http://www.pasts.lv/en/about-company/board/|publisher=Latvijas Pasts|accessdate=19 June 2014}}</ref>
<ref name="AboutCompanyHistory">{{cite web|title=Pasts History|url=http://www.pasts.lv/en/about-company/history/|publisher=Latvijas Pasts|accessdate=19 June 2014}}</ref>
<ref name="AboutCompanyHistory">{{cite web|title=Pasts History|url=http://www.pasts.lv/en/about-company/history/|publisher=Latvijas Pasts|accessdate=19 June 2014}}</ref>
<ref name="AnnualReport2012">{{cite web|title=2012. gada pārskats|trans_title=Report for Year 2012|url=http://www.pasts.lv/lv/par_mums/LP_gada_parskats_2012.pdf|language=Latvian|publisher=Latvijas Pasts|date=|accessdate=19 June 2014}}</ref>
<ref name="AnnualReport2012">{{cite web|title=2012. gada pārskats|trans_title=Report for Year 2012|url=http://www.pasts.lv/lv/par_mums/LP_gada_parskats_2012.pdf|language=Latvian|publisher=Latvijas Pasts|date=|accessdate=19 June 2014}}</ref>
<ref name="ExchangeLatsToEuro">{{cite news|title=Latvijas Pasts to ensure exchange of lats to euros at 302 specially identified post offices throughout Latvia|url=http://www.pasts.lv/en/news/post/?news_id=1637|publisher=Latvijas Pasts|date=30 October 2013|accessdate=19 June 2014}}</ref>
<ref name="ConclusionFor2013">{{cite news|title=Latvijas Pasts concludes its first year in open postal market with turnover of EUR 58 million and profit of EUR 4.5 million; quality increases|url=http://www.pasts.lv/en/news/post/?news_id=1786|publisher=Latvijas Pasts|date=10 June 2014|accessdate=19 June 2014}}</ref>
<ref name="ConclusionFor2013">{{cite news|title=Latvijas Pasts concludes its first year in open postal market with turnover of EUR 58 million and profit of EUR 4.5 million; quality increases|url=http://www.pasts.lv/en/news/post/?news_id=1786|publisher=Latvijas Pasts|date=10 June 2014|accessdate=19 June 2014}}</ref>
}}
}}

Revision as of 23:18, 19 June 2014

VAS Latvijas Pasts
Company typeState joint-stock company
IndustryMail
FoundedJanuary 2, 1992 (1992-01-02)[1]
Headquarters,
Latvia
Number of locations
600 post offices (2013)[2]
Area served
Latvia
Key people
Arnis Salnājs (Chairman)[3]
Revenue
  • Increase 58 million EUR (2013)[2]
  • 37.99 million LVL (2012)[4]: 7 
  • Decrease 4.5 million EUR (2013)[2]
  • 3.41 million LVL (2012)[4]: 7 
Total assets128,687,723 Euro (2023) Edit this on Wikidata
OwnerGovernment of Latvia
Number of employees
  • Decrease more than 4,200 (2013)[2]
  • 4,413 (2012)[4]: 26 
Websitepasts.lv/en/

VAS Latvijas Pasts (Template:Lang-en) is the main state-owned postal service provider in Latvia headquartered in Riga. It was founded on 2 January, 1992, following shortly after the restoration of independence of the country.[1]

History

Latvia Post was founded on 2 January, 1992 as a state-owned company, prior to which multiple postal companies had already existed in the territory. On 1 November 2004, Latvia Post was re-registered simply as a state joint-stock company instead of having the status of a nonprofit organization state stock company.[1]

In 2014, Latvia Post partook in the transition from lats to euro that took place in the whole country by providing currency exchange services following the official exchange rate of 1.00 LVL for 1.42 EUR for 3 months in 302 post offices where it was deemed necessary due to local banking service availability issues.[5]

See also

References

  1. ^ a b c "Pasts History". Latvijas Pasts. Retrieved 19 June 2014.
  2. ^ a b c d "Latvijas Pasts concludes its first year in open postal market with turnover of EUR 58 million and profit of EUR 4.5 million; quality increases". Latvijas Pasts. 10 June 2014. Retrieved 19 June 2014.
  3. ^ "Pasts Board". Latvijas Pasts. Retrieved 19 June 2014.
  4. ^ a b c "2012. gada pārskats" (PDF) (in Latvian). Latvijas Pasts. Retrieved 19 June 2014. {{cite web}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)
  5. ^ "Latvijas Pasts to ensure exchange of lats to euros at 302 specially identified post offices throughout Latvia". Latvijas Pasts. 30 October 2013. Retrieved 19 June 2014.