Eesti Post put up for sale at €52 million starting price
On Friday, the Ministry of Regional Affairs and Agriculture announced a public written auction for the disposal of shares of the public limited company Eesti Post. The deadline for submitting bids is 27 November. The auction will sell 100 percent of Eesti Post's shares, with a total starting price of €52 million.
Eesti Post, which operates under the Omniva brand, is a company 100 percent owned by the Estonian state. Omniva serves customers in all three Baltic states and has an international logistics network spanning more than ten countries. The company's sales revenue in 2025 was €155 million.
The disposal is based on the government's decision of 6 April, which approved the proposal of the Minister of Regional Affairs and Agriculture to dispose of the shares of Eesti Post through a public auction.
According to Minister of Regional Affairs and Agriculture Hendrik Johannes Terras, the disposal reduces the state's business and investment risk and creates better conditions for the company to attract investment, improve service quality and increase competitiveness.
"The state's role in postal service must be primarily regulatory, not the provision of service through owning a company. The delivery of letters and home delivery of periodicals will remain guaranteed even after the change of ownership, because the requirements of the universal postal service and the obligations of postal service provision arise from the Postal Act," Terras said.
In recent years, Eesti Post's operations have clearly shifted from traditional state postal service toward international logistics services — in 2025, the universal postal service accounted for five percent of sales revenue.
Eesti Post has grown under the Omniva brand into a logistics company serving all Baltic states, competing with other companies mainly on an open market under commercial conditions. The aim of the auction is to find an owner for Eesti Post who can develop the company and invest in the highly competitive logistics and parcel market.
The state will remain the policymaker and supervisor in the postal sector: the quality and accessibility requirements of the universal postal service are set out in the Postal Act, and their compliance is monitored by the Competition Authority. The state has also established specific quality conditions, including the number of delivery days and the minimum number of post offices — the universal postal service provider must ensure that letters and periodicals are delivered to homes five days a week and that each county has at least one post office.
The auction is carried out by advisers to the Ministry of Regional Affairs and Agriculture: OÜ Superia, Redgate Capital AS and Ellex Raidla Advokaadibüroo OÜ.
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Editor: Johanna Alvin, Argo Ideon
