Česká pošta posts profit of 241 million crowns
The state-owned postal firm Česká pošta posted a profit of 241 million crowns in 2014, which is a decrease by one fifth year-on-year. According to an official press release issued on Wednesday, the slump in profits was caused mainly by the decreasing volume of traditional mail deliveries. The number of domestic deliveries in 2014 went down by 10 percent compared to the previous year. The Czech Post currently employs around 32,000 employees and operates 3,400 branches around the country.