What do we know about Royal Mail's new owner Daniel Křetínský?

Published On Dec 16, 2024, 1:05 PM

Czech billionaire Daniel Křetínský is set to become the new owner of Royal Mail after the government's approval of the sale of its parent firm. With a net worth of £6 billion, Křetínský aims to modernize Royal Mail and restore its status as a viable postal operator by maintaining key operations in the UK and forming agreements with employees for profit-sharing. His strategy includes transforming Royal Mail into a pan-European logistics competitor, investing in new services like delivery lockers, and ensuring continued letter deliveries six days a week.