Greece's Ministry of National Economy and Finance presented to Parliament a new Hellenic Corporation of Assets and Participations transformation plan for Hellenic Post (ELTA), positioning it as a network redesign intended to safeguard universal postal service while improving the company’s financial sustainability and nationwide footprint. The plan envisages the transformation of 158 branches using a model tailored to local needs. In 28 locations where an ELTA Courier outlet already operates within 100–200 metres, the approach will be assessed so service can be provided without changing citizens’ day-to-day access. For 113 branches, changes will proceed only after an ELTA agent is identified and after full, timely public information. A further 17 branches will not be transformed because they meet critical needs for banking transactions. The plan also expands the “shop-in-shop” model, placing ELTA services within supermarkets, bookstores, press agencies and other retail points, a format already operating in more than 500 locations; these partner outlets would operate under contract with ELTA SA, with ELTA setting service terms, prices and processes and retaining oversight. Implementation is framed as being led by ELTA’s interim management under Hyperfund supervision, with branch-by-branch decisions tied to agent sourcing and local service conditions. The minister also noted that past state support measures must comply with European rules, including assessment of a recent capital increase against the “private investor principle” by Brussels.
Ministry of National Economy and Finance (Greece) 2025-12-18
Greece's Ministry of National Economy and Finance outlines Hyperfund plan to transform 158 Hellenic Post branches using agents and shop-in-shop outlets
Greece's Ministry of National Economy and Finance presented a transformation plan for Hellenic Post (ELTA) to Parliament, aiming to safeguard universal postal service and enhance financial sustainability. The plan includes redesigning 158 branches, expanding the "shop-in-shop" model, and ensuring compliance with European rules on state support. Implementation will be overseen by ELTA's interim management under Hyperfund supervision, with decisions based on local conditions.