Magyar Posta Zrt. (, ) or Hungarian Post is the

postal administration This is a list of postal entities by country. It includes: *The governmental authority responsible for postal matters. *The Regulatory agency, regulatory authority for the postal sector. Postal regulation may include the establishment of postal ...

Hungary Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and ...

. Besides normal mail delivery, Magyar Posta also offers logistics, banking, and marketing services.

History

The origin of the Magyar Posta was the independent national public institution called Magyar Királyi Posta established in 1867 as part of the

Austro-Hungarian Compromise of 1867 The Austro-Hungarian Compromise of 1867 (, ) established the dual monarchy of Austria-Hungary, which was a military and diplomatic alliance of two sovereign states. The Compromise only partially re-established the former pre-1848 sovereign ...

. While at first it used the stamps of the Austrian Empire, in 1871 it issued its own stamps. The Magyar Királyi Posta was the first to experiment with the motorization of the postal conveyances, beginning in 1897. In 1900, they adopted János Csonka's motorized tricycle, which continued in use by the postal service until the 1920s. In 1918, they briefly dropped the ''Királyi'' from their name during the

First Hungarian Republic The First Hungarian Republic (), until 21 March 1919 the Hungarian People's Republic (), was a short-lived unrecognized country, which quickly transformed into a small rump state due to the foreign and military policy of the doctrinaire pacifis ...

(1918-1920), and restored it under the

regency In a monarchy, a regent () is a person appointed to govern a state because the actual monarch is a minor, absent, incapacitated or unable to discharge their powers and duties, or the throne is vacant and a new monarch has not yet been dete ...

beginning in 1920. In 1945 under the provisional government it again became just Magyar Posta. A mailbox in Budapest

The Magyar Posta became an independent agency in 1983. On January 1, 1990, during the change of regime, the unified Magyar Posta was divided into three organizations. The telephone service was spun off into the Hungarian Telecommunications Company, and broadcasting became the Hungarian Broadcasting Company. Magyar Posta became a separate and independent corporation under the Minister of Transport. In 1994, it was privatized into a

joint-stock corporation A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholder ...

with some government ownership. In 2006, it became a private

limited liability company A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...

References

External links

Hungarian Post Office
{{authority control Logistics companies of Hungary Companies based in Budapest Transport companies established in 1867 Hung Communications in Hungary Postal system of Hungary Philately of Hungary Government-owned companies of Hungary Hungarian brands

History

See also

References

External links