# Russian Post

> national postal operator of Russia

**Wikidata**: [Q1502763](https://www.wikidata.org/wiki/Q1502763)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Russian_Post)  
**Source**: https://4ort.xyz/entity/russian-post

## Summary
Russian Post is the national postal operator of Russia, headquartered in Moscow. It was established in 2003 as part of the restructuring of the former Soviet-era postal system. The company operates under the name "Pochta Rossii" and serves as a key provider of postal services across the country.

## Key Facts
- **Headquarters**: Located in Moscow, the capital and most populous city of Russia.
- **Country of Operation**: Russia, a country in Eastern Europe and Northern Asia.
- **Founded**: 2003, following the restructuring of the Soviet-era postal system.
- **Aliases**: Pochta Rossii.
- **Revenue**: Reported revenues of 164.8 billion rubles (2018), 176.5 billion rubles (2019), and 228.1 billion rubles (2020).
- **Net Profit**: Net profits of 1.734 billion rubles (2019) and 1.5 billion rubles (2020).
- **Employees**: Approximately 351,753 employees as of the latest data.
- **Website**: Official websites include [pochta.ru](https://www.pochta.ru/) and [russianpost.ru](http://www.russianpost.ru/).
- **Subsidiaries**: Includes Post Bank, a Russian government-owned retail bank established in 2016.
- **Ownership**: Operated by Post Bank, which is also a subsidiary of Russian Post.
- **Related Entities**: Ministry of Digital Development, Communications, and Mass Media of the Russian Federation, which oversees digital and media-related policies.

## FAQs
**What is the primary function of Russian Post?**
Russian Post serves as the national postal operator of Russia, providing mail delivery services, postal banking, and other related postal services across the country.

**How was Russian Post established?**
Russian Post was established in 2003 as part of the restructuring of the Soviet-era postal system, following the dissolution of the Soviet Union in 1991.

**What are the main subsidiaries of Russian Post?**
Russian Post operates Post Bank, a government-owned retail bank established in 2016, and is associated with the Ministry of Digital Development, Communications, and Mass Media.

**What is the financial performance of Russian Post?**
Russian Post reported revenues of 164.8 billion rubles in 2018, 176.5 billion rubles in 2019, and 228.1 billion rubles in 2020, with net profits of 1.734 billion rubles in 2019 and 1.5 billion rubles in 2020.

**How many employees does Russian Post have?**
As of the latest data, Russian Post employs approximately 351,753 people.

## Why It Matters
Russian Post plays a crucial role in the postal and financial services sector of Russia. As the national postal operator, it ensures the delivery of mail and parcels across the country, supporting both commercial and personal communication. The company's establishment in 2003 marked a significant step in modernizing the postal system following the dissolution of the Soviet Union. Additionally, its subsidiary, Post Bank, provides financial services, further integrating postal and banking operations. Russian Post's financial performance reflects its importance in the economy, with substantial revenue and profitability over recent years. The company's operations are closely tied to the Ministry of Digital Development, Communications, and Mass Media, indicating its role in broader digital and media policies in Russia.

## Notable For
- **National Postal Operator**: Russian Post is the sole national postal service provider in Russia, ensuring comprehensive mail delivery services.
- **Postal Banking**: The company operates Post Bank, a government-owned retail bank, integrating financial services with postal operations.
- **Financial Performance**: Consistent revenue growth and profitability, with reported revenues exceeding 164.8 billion rubles in recent years.
- **Government Association**: Strong ties with the Ministry of Digital Development, Communications, and Mass Media, reflecting its role in national policy.

## Body
### Overview
Russian Post, officially known as Pochta Rossii, is the national postal operator of Russia. Established in 2003, it succeeded the Soviet-era postal system and operates under the jurisdiction of the Russian government. The company is headquartered in Moscow and serves as a key provider of postal services, including mail delivery, postal banking, and related financial services.

### Financial Performance
Russian Post has demonstrated strong financial performance, with reported revenues of 164.8 billion rubles in 2018, 176.5 billion rubles in 2019, and 228.1 billion rubles in 2020. Net profits of 1.734 billion rubles in 2019 and 1.5 billion rubles in 2020 further highlight its financial stability and profitability.

### Subsidiaries and Ownership
Russian Post operates Post Bank, a government-owned retail bank established in 2016. Post Bank is headquartered in Moscow and is a key subsidiary of Russian Post, providing financial services alongside postal operations. Additionally, Russian Post is associated with the Ministry of Digital Development, Communications, and Mass Media, which oversees digital and media-related policies in Russia.

### Employee Count
As of the latest data, Russian Post employs approximately 351,753 people, reflecting its significant role in the postal and financial services sector of Russia.

### Related Entities
Russian Post is closely associated with the Ministry of Digital Development, Communications, and Mass Media, which plays a crucial role in shaping digital and media policies in Russia. The ministry, established in 2008, is responsible for overseeing communications and media-related initiatives, further integrating Russian Post's operations into broader national policies.

### Historical Context
The establishment of Russian Post in 2003 marked a significant step in the modernization of the postal system following the dissolution of the Soviet Union in 1991. The company's founding reflected the need for a restructured and efficient postal service in the newly independent Russian Federation.

## References

1. [2019](https://web.archive.org/web/20191210032809/https://www.akit.ru/portfolio/members/)
2. 2020
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4. [Source](http://tass.ru/ekonomika/4209006)
5. [Рейтинг крупнейших компаний России по объему реализации продукции. Expert RA](https://raexpert.ru/rankingtable/top_companies/2018/main)
6. [Выручка "Почты России" в 2021 году по МСФО выросла на 8% до 228,1 млрд рублей](https://www.interfax.ru/business/839266)
7. [Выручка "Почты России" в 2021 году по МСФО выросла на 8% до 228,1 млрд рублей (Russian)](https://www.interfax.ru/business/839266)
8. Quora
9. Name Suggestion Index
10. YouTube API