Hellenic Post

The vicious cycle of ELTA

The services of the Hellenic Post (ELTA) were not at a satisfactory level even before the leak of their customers' data was revealed in March 2022.

It is a state-owned company that still has a key mission to perform, especially for the most inaccessible regions of the country. But for this to happen, the vicious cycle of failed "restructurings," which only costs taxpayers, must end.

Same thing, different guise

During the economic crisis, the state asset hyperfund seemed like the perfect solution for ridding Greek taxpayers of the burden of a public sector that had been proven time and again to be a terrible business manager. Developments since have not vindicated that optimism.

Making state firms flexible

National Economy and Finance Minister Kostis Hatzidakis is planning changes to the public companies of the Superfund to make them modern and competitive, with interventions on three fronts: administration, procurement and recruitment.

Courier firms lose the battle

Though usually requiring only a few clicks, online shopping can turn into a problem when the system is overloaded. The conundrum of when a package would be delivered was a hassle for many consumers over this holiday season, as courier companies struggled to deliver orders on time.

Bulgaria’s Dronamics and Hellenic Post (ELTA) sign an Agreement for the First Postal Deliveries by Cargo Drones in Greece

Dronamics, the world's first cargo drone airline licensed to operate in Europe, and Hellenic Post (ELTA) have announced an agreement that will lead to the first postal deliveries by cargo drones in Greece.

Without compromises

The state has financed Hellenic Post (ELTA), the country's largest postal operator, to the tune of hundreds of millions of euros, but the services it offers are not commensurate with the expenditure.

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