www.antena3.ro/externe/amenintata-de-faliment-post

Russian Post is auctioning the former Imperial Post Office complex in Moscow due to significant financial losses. The starting price is set at $95.5 million, with the auction scheduled for December 9. The complex includes 19 buildings and is located in a prime area of the city. Experts have mixed opinions on the pricing, with some considering it high due to renovation costs, while others view it as reasonable for the historic center. The company has reported cumulative losses exceeding $1.1 billion over the past four years and is exploring new revenue sources, including exclusive rights for certain product deliveries.