Kazpost is the national postal service of Kazakhstan.
History
Independent Kazakhstan
Kazakhstan has been a member of the Universal Postal Union since 1992. On April 5, 1993 according to the Cabinet of Kazakhstan, the communications industry of the Republic of Kazakhstan were divided into mail and telecommunications to improve management structures. In November 1995 the State -mail had become an independent economic entity, transforming itself into a Republican state enterprise Post services.
In the summer of 1999, a radical reform of mail began after the decision by the Government of Kazakhstan on May 27, 1999, to implement measures to stabilize the financial health of the postal industry. On December 20, 1999, RGPPS was transformed into a joint-stock company Kazpost entirely owned by the state. It was registered with a total capital of 903.66 million tenge initial registered capital of the company was formed only in the form of buildings and equipment. The situation was aggravated by a severe financial condition of the postal industry - RGPPS payable for the period from 1993 to 2000, before the pension funds, wages and taxes was 140 million tenge, the amount of accumulated losses from previous years over the years amounted to more than 250.6 million tenge.[1]