Post of Serbia - Government Approval of the Distribution of the Profit of the Post of Serbia

11/15/2017

Government Approval of the Distribution of the Profit of the Post of Serbia

At today's session, the Government of the Republic of Serbia adopted the Decision of the Supervisory Board of JP "Post of Serbia", Belgrade, on distribution of profit for 2016.

At today's session, the Government of the Republic of Serbia adopted the Decision of the Supervisory Board of JP "Post of Serbia", Belgrade, on distribution of profit for 2016. Of the total net profit for last year in the amount of 3.47 billion dinars, 2.4 billion will be paid to the republic budget, while 950 million will be paid to the employees.

This means that each employee will receive one of his average wages, thus continuing the good practice of longstanding in the Post of Serbia of employees participating in the distribution of profits, which is a kind of stimulation and gratitude for the contribution they made in achieving good business results.

This was the result of a constructive and argumentative dialogue between Prime Minister Ana Brnabić, Minister Milan Krkobabić in charge of coordinating the work of public enterprises, and Acting Director of the Post of Serbia Mira Petrovic, and after that at a joint meeting with the leaders of two representative trade unions in this public company - PTT Serbia Trade Union and PTT "Independence" Trade Union.

We note that this act fulfilled the key requirements of both representative trade unions in the Post of Serbia, with the additional analysis of the possibility of salary increase in order to find the best model for improving the social and material position of 15,000 employees in the Post of Serbia. In particular, PE Post of Serbia, unlike most of the public enterprises, does not use the funds from the budget and with maximum engagement of 15,000 employees achieves excellent business results and pays significant funds to the budget of the Republic of Serbia.

We inform the public that due to the unlawful operation blockade of the Regional Postal and Logistic Center ’Belgrade’, which is a lifeline of PE Post of Serbia, organized by the Individual Trade Union of Postal Workers, there was a multiday disruption of the operation process in the activity of public interest, in which way the Enterprise suffered multimillion loss due to the delay of postal items delivery. Professional services of the Post of Serbia intensively work on the analyzing of direct and indirect loss which our enterprise underwent due to the multiday illegal blockade of the Regional Postal and Logistics Center "Belgrade", which is why all the measures envisaged by the law are undertaken in order to sanction such behavior.