Austrian postal operator Oesterreichische Post wants to have a presence in all Balkan countries within the next 15 months, chief financial officer Rudolf Jettmar told an investors conference in New York.

Jettmar said the company expected to have units in Slovenia, Bosnia-Herzegovina, Romania and Bulgaria within that period, ABCmoney said Austrian press agency APA reported.

"We want to set up a network in the fragmented south-eastern European market," Jettmar told journalists late on November 27 on the margins of an investment conference in New York. "We want to fill in our blank spots in Bosnia, Bulgaria and Romania."

Jettmar said the postal operator would aim to take over private operators in parcel delivery or distribution of advertising, Reuters reported.

Oesterreichische Post had invested 210 million euro in takeovers so far, APA said. The company had another 150 million euro left in its war chest, Reuters quoted Jettmar as saying.

Oesterreichische Post was already present in Slovakia, Croatia, Hungary and Serbia.