MaltaPost announces increase of postage tariffs from April

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Maltapost said today that there will be an increase in the local postage tariffs as from Monday the 1st of April. The announcement was made in a company statement to the Malta Stock Exchange. In November 2012 MaltaPost increased the rate for domestic bulk letter mail as well as certain other services.

MaltaPost said that “throughout 2012, MaltaPost was negatively impacted by changes in the framework, set by the Universal Postal Union, establishing inter-operator fees in respect of international mail.

“Furthermore for a number of years, various services, particularly Domestic Letter Mail and Mail Registration, have recorded systematic losses. This makes it unsustainable for MaltaPost to keep providing the current level of service.

“Against this backdrop and MaltaPost’s commitment to keep providing an efficient, high-quality service MaltaPost submitted to the MCA a request for a number of tariff increases. In a decision published on 8th November 2012, the MCA approved the new tariffs requested by MaltaPost. The revised tariffs shall still remain among the lowest in Europe.”

The revised tariffs from the 1st of April are shown belowMaltaPost announces increase of postage tariffs from April

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