Price Increases at Austrian Post on the Horizon

The Austrian Post AG is raising the postage costs for letters. The previous "Eco-Brief" tariff with delivery in two to three days will become the standard product. The price for the smallest letter format will increase from 0.95 to 1 Euro starting in May, and next business day delivery will cost an additional 30 cents for all formats. The partially state-owned Post referred to this in their announcement as a simplification of the product structure.

Post with "Simplification"

The publicly listed company is responding to an amendment of the Postal Market Act. "Over 80 percent of all letters are already sent with a delivery time of two to three business days. With this simplification, we are adapting our product range to the Postal Market Act and the changing needs of our customers," said Post CEO Walter Oblin according to the announcement.

Higher Prices

Depending on the format of the shipment, the postage for a standard shipment will increase by 5 to 15 cents, and faster shipping will become 10 to 20 cents more expensive. The standard product "Brief" can still be posted in the yellow mailbox as before, and additional services such as faster or registered shipping can be booked at the counter or at a shipping station.

(APA/Red)

This article has been automatically translated, read the original article here.