On Friday, the Luxembourg government approved the 2016 budget of the Entreprise des Postes et Télécommunications, a total of €224,549,000, a figure that will be auto-financed by the organisation.

This budget takes into account the aspirations of the organisation across its various businesses. In the postal business, the ambition is to remain the benchmark operator in a liberalised market, while guaranteeing a universal service and developing activities to diversify income.

In terms of financial postal services, the objective is to develop a viable business model in the long term, in partnership with Raiffeisen Bank. In Telecom / ICT terms, this ambition is to confirm the leadership of POST Luxembourg on the telecommunications market and to move towards a renowned actor at national and international level in the field of ICT.