The state-owned "Georgian Post" will complete the financial year with a positive result for the first time in a long period. This was announced by Prime Minister Irakli Kobakhidze, presenting the government's annual report to parliament.

Just a year ago, the situation was the opposite: at the end of last year, the company recorded a loss of 7 million GEL, and the debt burden continued to grow. Now, the authorities state that by the end of the current year, the operator will fully cover its accumulated obligations, and by 2027, it will achieve a sustainable profitable model.

The basis of the changes was a deep restructuring. 102 positions were cut from the staff, which will save about 2.5 million GEL annually. Additionally, 20 unprofitable service centers are planned to be closed, which will bring another 1.1 million GEL in annual savings.

In parallel, some processes previously outsourced to external contractors are being brought back in-house. According to government estimates, this will provide up to 14.2 million GEL in additional effect annually due to reduced costs and increased operational efficiency.

International logistics became a separate focus. After restoring the functions of the air terminal, "Georgian Post" expects to receive about 1.3 million GEL in additional annual revenue. An agreement has also been concluded with Turkish Airlines, under which terminal fees have been abolished and tariffs for postal transportation have been reduced; negotiations with five more air carriers are ongoing, which could add up to 4.3 million GEL in savings.

Internal logistics are also changing: domestic delivery will rely more heavily on the railway network and domestic flights. This approach should reduce costs and speed up the processing of shipments across the country.