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Private company

Latvijas Pasts

Logo: Latvijas Pasts, Public domain, via Wikimedia Commons3

Company based in Riga, Latvia

VAS Latvijas Pasts (English: Latvian Post) is the national postal operation of Latvia and a state owned company established in 1992. It provides universal postal services, parcel delivery and logistics, employing several thousand people. In recent years, the company has focused on rebranding and digital transformation while operating in a competitive market alongside private courier companies.2 It is headquartered in Mārupe Parish.1 Its revenue was €108 million in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jan 9, 1992Founded1
  • IndustryOther financial service activities, except insurance and pension funding n.e.c., Retail trade not in stores, stalls or markets, other monetary intermediation, postal activities under universal service obligation, postal and courier activities1
  • HeadquartersMārupe Parish1
  • Websitewww.pasts.lv
  • Legal formstate joint-stock company1

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VAS Latvijas Pasts (English: Latvian Post) is the national postal operation of Latvia and a state owned company established in 1992. It provides universal postal services, parcel delivery and logistics, employing several thousand people. In recent years, the company has focused on rebranding and digital transformation while operating in a competitive market alongside private courier companies.2

The story

Latvijas Pasts was founded on 2 January 1992 as a state-owned company, prior to which multiple postal companies had already existed in the territory. On 1 November 2004, Latvijas Pasts was re-registered as a state joint-stock company instead of having the status of a nonprofit organization state stock company.

In 2014, Latvijas Pasts partook in the transition from lats to euro that took place in the whole country by providing currency exchange services following the official exchange rate of 1.00 LVL for 1.42 EUR for 3 months in 302 post offices where it was deemed necessary due to local banking service availability issues.

From Wikipedia’s article on Latvijas Pasts, shared under CC BY-SA 4.0.4

Products and brands

Latvijas Pasts provides a wide range of postal and related services throughout Latvia. Its main responsibility is ensuring a universal postal service, which includes sending and receiving letters and parcels both within the country and abroad. By the beginning of 2025, Latvijas Pasts had installed more than 420 parcel machines, continuing to expand the network to achieve previously set goals. Latvijas Pasts has more than 600 service locations nationwide.

From Wikipedia’s article on Latvijas Pasts, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Owners

  • Ministry of Transport

From Wikidata.1

Employees over time

  • 20232,6571
  • 20222,8901

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Latvijas Pasts revenue by year1108.3M EUR in 2023+8% since 2022
050.0M EUR100.0M EUR150.0M EUR2022: 100.0M EUR100.0M EUR20222023: 108.3M EUR108.3M EUR2023+8%
  • 2023108.3M EUR1
  • 2022100.0M EUR1

Net income

Latvijas Pasts net income by year1538.6K EUR in 2023−76% since 2022
01.0M EUR2.0M EUR3.0M EUR2022: 2.2M EUR2.2M EUR20222023: 538.6K EUR538.6K EUR2023−76%
  • 2023538.6K EUR1
  • 20222.2M EUR1

Timeline

  1. Jan 9, 1992Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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