UNI Apro Post & Logistics
1 POSTAL NEWS No 17-2022
Formulated by UNI Apro Post and Logistics Sector
1.E2open teams up with Logistyx “to enable more companies to ship smarter”. March 04, 2022.
2.PTF clerks’one-time voluntary reassignment opportunity available in March 2022. March 03, 2022.
3.Swiss Post delivered letters and parcels to customers on time last year. March 01, 2022.
4.NZ Post acquires Fliway Group New Zealand. March 01, 2022.
5.Poste Italiane acquires 100% of LIS - in line with the integrated omnichannel strategy of the '24SI' business plan. February 28, 2022.
1.E2open teams up with Logistyx “to enable more companies to ship smarter” March 04, 2022
E2open Parent Holdings, Inc., a network-based provider of a cloud-based, missioncritical, end-to-end supply chain management platform, has acquired Logistyx Technologies, a specialist in global parcel and e-commerce shipping and fulfillment technology.
With the combination, E2open enhances its global footprint for multi-carrier e-commerce shipment management, offering companies a complete range of shipping capabilities needed to scale and respond to growing market needs.
“We are excited to welcome Logistyx Technologies’ team, clients, and capabilities to E2open,” said Michael Farlekas, chief executive officer at E2open. “The demand for e-commerce shipping capabilities continues to grow as companies look for more flexible and cost-effective ways to deliver products to consumers. This combination makes E2open the most comprehensive and integrated shipping solution provider, which covers all shipping modes including ocean, air, road, rail, and parcel, and is powered by a global network of carriers and logistics service providers. Logistyx is complementary to E2open’s existing platform, enabling E2open’s world-class clients to orchestrate their supply chains from demand to fulfilment, to supply.” “The Logistyx team is thrilled to combine with E2open to enable more companies to ship smarter and benefit from the largest supply chain platform and network available,” said Geoffrey Finlay, chief executive officer at Logistyx. “We provide our customers, which include top retailers, manufacturers and logistics providers, the automation, visibility and flexibility needed to simplify global fulfillment and compete in an omnichannel world – all within a one-stop, connected platform.”
Source : https://postandparcel.info/147067/news/e-commerce/e2open-teams-up-with-logistyxto-enable-more-companies-to-ship-smarter/
2.PTF clerks’ one-time voluntary reassignment opportunity available in March 2022
Now that the APWU membership has voted to ratify the 2021-24 Collective Bargaining Agreement (CBA), one of the first orders of business for the Clerk Craft is to activate the Memorandum of Understanding (MOU) that allows Part-Time Flexible (PTF) clerks on the rolls on September 21, 2021, who have completed their probationary period, in installations with less than 100 career Clerk Craft employees the chance to voluntarily reassign to installations with 100 or more Clerk Craft employees.
This one-time opportunity will be to offices of 100 or more Clerk Craft employees that are within each PTF’s district. It is meant to provide PTFs with a chance to convert to Full-Time Regular in their new offices. A transfer under this MOU would result in the affected PTF beginning a new date of seniority within the new installation. The eReassign process will be utilized for this purpose. During March 2022, the Postal Service will identify residual vacancies within each district and make them available for PTFs to view and apply for in eReassign if they are interested in transferring to one of these larger installations. The MOU requires that each assignment include the Area name, District name, Installation (Bid Cluster) name, Job Title, Job Number, Schedule/Days Off, and Skills/Schemes/License. The MOU also states, “A PTF Clerk Craft employee seeking to voluntarily reassign pursuant to this Agreement must have an acceptable work, attendance, and safety record and meet the minimum qualifications for all Clerk Craft residual vacancies to which they request voluntary reassignment. A PTF Clerk Craft employee must qualify in his/her current installation prior to being reassigned pursuant to this Agreement”. If a PTF fails to qualify, he/she will remain in their current installation. This reassignment opportunity is scheduled for March 2022 due to a separate agreement in the new CBA that calls for all PSEs not in Level 4 RMPOs who have at least 24 months of relative standing to be converted to career status within 60 days of the effective date of the contract, which is February 28, 2022. PTFs, who are already career employees, will have the chance to reassign before these PSEs begin their seniority upon conversion to career.
On March 2, 2022, the Postal Service posted on bulletin boards an explanation of the PTFs’ opportunity to reassign to certain installations within their district. This instruction also noted that the “eReassign postings in the month of March 2022 will be used for this provision”. Also included with this article are screen shots of the eReassign system for those affected PTFs who may not be familiar with the process.
Source : https://apwu.org/news/ptf-clerks%E2%80%99-one-time-voluntary-reassignmentopportunity-available-march-2022
3.Swiss Post delivered letters and parcels to customers on time last year March 01 22
Despite difficult conditions and an all-time record for parcel volumes, Swiss Post delivered parcels and letters on time and reliably in 2021. In the second year of coronavirus, Swiss Post met or even exceeded the quality targets stipulated in postal legislation. 97.0 percent of A Mail letters and 99.3 percent of B Mail letters reached their recipients on time. Due to the pandemic, the relevant measurement period for parcels was limited to eight months. During this period, 95.0 percent of Priority items and 95.9 percent of Economy items reached customers on time.
In 2021, Swiss Post once again faced heavy challenges due to the pandemic, with a lockdown at the beginning of the year, ongoing coronavirus restrictions and many staff absences due to illness at the end of the year. Nevertheless, Swiss Post’s employees maintained the universal service at all times and processed some 202.1 million parcels, which is more than ever before. “I was very impressed by the huge commitment of our employees, and our thanks go to them,” says Johannes Cramer, Head of Logistics Services and a Member of Executive Management. “Every day, they delivered letters and parcels on time, proving to the Swiss population that they can rely on Swiss Post.”
Parcels: remarkable performance despite record volumes
This has also been officially confirmed. In 2021, Swiss Post once again met or even exceeded the targets for letters and parcels set by postal legislation. 97.0 percent of A Mail letters and 99.3 percent of B Mail letters reached customers on time over a 12-month period. The benchmark for letters is 97 percent. This means that Swiss Post has met the legally defined quality targets for A Mail and significantly exceeded them for B Mail. A total of 1,811 million addressed letters were sent. In comparison to the previous year, the figure for A Mail (−0.1 percent) remained practically the same, while B Mail items (+0.2 percent) were delivered even more punctually to letter boxes. The delivery quality for parcels was also high: 95.0 percent of Priority parcels and 95.9 percent of Economy parcels reached their recipients on time during the relevant measurement period of eight months. For parcels, the benchmark is 95 percent. Swiss Post also met this target (for Priority) and slightly exceeded it (for Economy). In comparison to 2020, the figure for Priority was lower (−0.4 percent), while that of Economy was higher (+0.4 percent). In light of the many challenges and the record volume of parcels, this performance is quite remarkable – as already announced, parcel volumes increased by another 9.6 percent in 2021.
PostCom: force majeure acknowledgeg
Delivery time measurement served as the basis for the 2021 punctuality figures. The data for all individual parcels was analysed over a period of 52 weeks, and the data for around 65,000 test parcels was analysed for letters. The measurement procedures are carried out and monitored by independent measurement institutes. The results are reviewed and approved by the supervisory authority PostCom, which limited the relevant measurement period for parcels to eight months and excluded four months. Swiss Post has asserted as circumstances of force majeure both the January/February lockdown and the sharp increase in staff absences due to illness caused by the Omicron variant in the period from early November to late December. PostCom has acknowledged this. Over the measurement period of 12 months, Swiss Post also proved reliable for parcels sent in 2021. In comparison to 2020, this is a significant improvement. For the whole year, the figure was 94.1 percent (+4.0 percent) for Priority parcels and 95.2 percent (+5.3 percent) for Economy parcels. This demonstrates how quickly Swiss Post adapted to the pandemic and, within two years, adjusted its parcel infrastructure to the accelerated development in online retail.
The future: more capacity and additional jobs
Swiss Post expects the upward trend in parcel volumes to continue in the future. For this reason, it is continuing to develop its infrastructure, modernize existing facilities and build more parcel centers. Swiss Post plans to double its sorting capacity by 2030 and is investing around 1.5 billion francs towards this. In this way, it is securing existing jobs and will create an estimated 1,500 new positions by 2030.
Source : https://www.post.ch/en/about-us/media/press-releases/2022/swiss-post-deliveredletters-and-parcels-to-customers-on-time-last-year
4.NZ Post acquires Fliway Group New Zealand March 01, 2022
NZ Post is proud to announce that it has acquired Fliway Group New Zealand, extending its parcels business into larger items and broadening its logistics and supply chain capability.
Fliway is one of the largest fully integrated logistics providers in New Zealand and specialises in the delivery of items that are typically too big to be carried by courier networks but are still transported as individual items rather than in bulk. NZ Post's acquisition has been customer driven, responding to strong demand from customers to be able to deliver larger items. "Many of our customers, including retail and e-commerce customers, frequently ask us to provide a solution to deliver their large items that typically don’t fit into our network. It’s a hassle for them to deal with multiple logistics providers and since we often already deliver most of their parcels, this is a natural extension of our offer to our customers”, says NZ Post Executive General Manager of Investments and Ventures, Norbert Bojarski. Fliway provides transport, warehousing and international freight services and operates New Zealand's premier national dedicated supply chain for large and oversize items. It is headquartered in Auckland and employs over 400 people. “Given the strong and ongoing growth in e-commerce – which has been accelerated by the pandemic – NZ Post is committed to continuing to support New Zealand businesses and to invest in being the best delivery partner for New Zealand, by extending our logistics capacity and capability,” says Bojarski. NZ Post also recently acquired a 50% stake in Supply Chain Solutions and is also investing about $180 million in parcel processing infrastructure across the country that will provide additional capacity and automation to support New Zealand's e-commerce growth. NZ Post initially plans to operate Fliway as a standalone business under the leadership of the existing Fliway management team.
Source : https://www.nzpost.co.nz/about-us/media-centre/media-release/nz-post-acquiresfliway-group-new-zealand
5.Poste Italiane to acquire 100% of LIS – in line with the 24si integrated omnichannel strategy February 28, 2022
Poste Italiane S.p.A. (“Poste Italiane”), through its fully owned subsidiary PostePay S.p.A. (“PostePay”), has signed a definitive agreement to acquire 100% of LIS Holding S.p.A. (LIS) from International Game Technology PLC (IGT).
Poste Italiane S.p.A. (“Poste Italiane”), through its fully owned subsidiary PostePay S.p.A. (“PostePay”), has signed a definitive agreement to acquire 100% of LIS Holding S.p.A. (LIS) from International Game Technology PLC (IGT), for a total consideration of €700 million, based on an Enterprise Value of €630 million and a net unrestricted cash for €70 million. The acquisition will be fully funded with available cash resources, thanks to Poste Italiane’s strong liquidity position.
LIS is active in the Italian proximity payment market through a network of nearly 54,000 affiliated points of sale, offering services including bill payments, prepaid payment cards, telco and e-vouchers top-ups and merchant and enterprise service solutions. LIS relies on a proprietary paytech platform, enjoying internal scale, technology and capabilities. LIS generated approximately €228 million gross revenues and approximately €40 million EBITDA in 2021. The acquisition will increase Poste Italiane’s exposure to the fast-growing payments market, creating value for all stakeholders, furthering the Group’s integrated omnichannel strategy. The transaction consolidates PostePay growth also in the proximity payment business and strengthens the acquiring and SME product offering, in line with the integrated omnichannel strategy at the heart of the 24SI plan. Poste Italiane and PostePay Boards of Directors approved the transaction, which remains subject to customary closing conditions, including regulatory approvals. Closing of the transaction is expected by the third quarter of 2022. Matteo Del Fante, Poste Italiane CEO and General Manager, commented: “PostePay is taking advantage of favourable market trends and pursuing both organic and inorganic growth opportunities. The transaction builds on a long-standing partnership with our main proximity payments distribution partner. This acquisition represents a key milestone on our journey to create an integrated services ecosystem, benefitting all our customers, accelerating the transition towards cashless and digital payments in Italy and increasing stakeholders’ value.” Poste Italiane and PostePay were assisted in the transaction by “Vitale & Co.” as lead financial advisor and “BofA” as fairness opinion provider. “Cappelli-RCCD” is acting as legal advisor to Poste Italiane and PostePay. Poste Italiane is Italy’s largest service infrastructure network, providing postal, financial, insurance, payments, telco and digital services to households, businesses and public administrations. For 160 years, with 12,800 Post Offices, 122 thousand employees, €582 billion total financial assets and about 35 million customers, Poste Italiane has been an integral part of Italy’s social and productive fabric, unparalleled in terms of size, brand awareness, reach and trust. In 2020, the group's activities generated direct, indirect and induced impact on the Italian economy equal to approximately €12.2 billion GDP. PostePay, fully owned subsidiary of Poste Italiane, is the digital services ecosystem of choice in Italy with ca. 29 million payment cards, ca. 28 million financial apps and ca. 9 million digital wallets activated as of 30 September 2021. Key to Poste Italiane’s integrated omnichannel distribution platform, PostePay provides solutions for the daily needs of customers through the integration of payments and telecommunication and, in the near future, with the offer in the energy sector.
Source : Poste Italiane to acquire 100% of lis – in line with the 24si integrated omnichannel strategy
UNI Apro Post & Logistics
1 POSTAL NEWS No 18-2022
Formulated by UNI Apro Post and Logistics Sector
1.UK Post Office on DEC Ukraine appeal: We encourage everyone to donate what they can. March 04, 2022.
2.DHL Express equips trucks with solar technology to power ancillary equipment. March 03, 2022.
3. “CUPW says no to half-steps and second-class worker status for gig workers”. March 01, 2022.
4.PostNL commences €250 million share buyback programme. March 01, 2022.
5.The parcel business increased the profits of Omniva. February 28, 2022.
1.UK Post Office on DEC Ukraine appeal: We encourage everyone to donate what they can March 04, 2022
The UK Post Office has announced that anyone who wants to donate to the Disasters Emergency Committee’s (DEC) fundraising campaign to help refugees from Ukraine can do so at a Post Office.
All 11,500 Post Offices nationwide are now accepting donations by cash or card, to make it as easy as possible for people up and down the country to donate. Customers can also post a cheque to the charity. Every pound donated will be matched by the government up to a total of £20m. In addition, the Post Office is encouraging giving via in-store posters that have been made available to Postmasters, and social media.
The DEC, which is an umbrella group for 15 UK charities, will use the funds to provide food, water and medical assistance to refugees fleeing Ukraine – who currently number over one million. As the DEC says on its website: “Heavy fighting, shelling and air strikes across Ukraine continue to have devastating consequences for ordinary people. Homes have been destroyed or are unsafe to live in. Essential services have been hit. Families have been separated. People have been injured. Lives have been lost. Three quarters of a million people have fled the country in recent days, and many more have had to leave their homes to escape the fighting.” The DEC campaign will run for 14 days through to 23:59 Wednesday 16th March 2022 but the appeal will remain open for donations beyond this for at least 6 months. Nick Read, Chief Executive at the Post Office, said: “I, and so many others, continue to watch the news and the terrible suffering with absolute horror. We’re committed to helping, and that’s why we are accepting donations in all 11,500 Post Offices to make it as easy as possible for people to support. “The DEC’s fundraising efforts are helping to provide much needed food, water, shelter and medical help to people fleeing Ukraine and we encourage everyone to donate what they can to support these efforts, and have made posters available to Postmasters to raise awareness of this campaign in their branches.”
Source : https://postandparcel.info/147065/news/post/uk-post-office-on-dec-ukraine-appealwe-encourage-everyone-to-donate-what-they-can/
2.DHL Express equips trucks with solar technology to power ancillary equipment March 03, 2022
DHL Express has unveiled plans to install solar panel units on its US delivery and pickup trucks to help reduce the fuel consumed by ancillary equipment such as the power liftgate.
Nearly 70 medium and heavy-duty trucks will be equipped with the TRAILAR solar technology, which is expected to reduce CO2 emissions by 1,000kg per year for each vehicle. Greg Hewitt, CEO, DHL Express US, said, “We’re aiming to improve the lives of people where they live and work, using cleaner pickup and delivery solutions – such as electric vehicles and cargo cycles, and now augmenting our truck fleet with this innovative solar solution. This is another strategic step in our drive forward to decarbonization, and over time reducing all logistics related emissions to net zero by 2050.
An integrated telematics system will provide detailed information on the efficiency of the entire system through web-based reporting, including battery health, charging of ancillary equipment, and overall fuel and C02 savings. The TRAILAR Smart Charge Controller will provide continuous battery management to ensure solar energy is used to maintain optimum battery levels. This constant care of the battery and reduction in alternator wear has a direct impact in reducing overall vehicle maintenance costs.
Source : https://www.parcelandpostaltechnologyinternational.com/news/vehicles-fleet/dhlexpress-equips-trucks-with-solar-technology-to-power-ancillary-equipment.html.
3. “CUPW says no to half-steps and second-class worker status for gig workers” March 01, 2022
OTTAWA – The Ford government introduced legislation yesterday, Bill 88 or the Working for Workers Act, with sub-standard rights and conditions for app-based gig workers.
The Canadian Union of Postal Workers sees this legislation as a setback for workers who are organizing to use collective strength to improve their work lives.
CUPW supports Gig Workers United, app-based delivery workers who are organizing in Toronto and the GTA.
Just last week, gig workers received a decision from a Ministry of Labour officer that confirms they are employees, and orders Uber to start complying with the Employment Standards Act with things including minimum wage – real minimum wage, for all time at work – breaks, vacation pay, and other basic rights of employees in this province. “This legislation comes just when it’s clear to the Ford government and Uber that gig workers are winning, and that we’re on track to achieve the full employment rights they’re entitled to,” says Jan Simpson, CUPW National President. “The Conservatives misrepresent this legislation as a step forward, but it’s really designed as a barrier to unionization and a distraction from the fight for equal rights and employee status.” CUPW believes that the Ontario Conservative government will seek to railroad the bill through before there is adequate public debate – which would shake the pro-worker image they’re trying to create heading into the 2022 election. Simpson adds, “While the Ford government tells the public they’re working for workers, we see from this move that though the workers have made their demands very clear, this government has instead chosen to listen to what a few giant multinational employers want.”.
The union believes this bill would only encourage more employers to gig-ify their workforce, driving down employment standards for all of Ontario’s workers, and setting a backward example for the rest of the country. “Misclassification is still the issue, and we won’t let this bill distract us with partial rights”, says Jennifer Scott, President of Gig Workers United. “The workers who are paying close attention see that this is another offer to accept less than we deserve: pay for only part of the time we work, portable benefits instead of statutory benefits or the right to negotiate benefits, and other invitations to settle for less.” Scott continues: “The ESA decision shows that we’re misclassified according to the Labour Ministry’s own test. This provincial government defeated a bill earlier this year to endmisclassification, but that is still our goal and our fight. Organized together, we will achieve the full and equal rights we need.”
Source : CUPW - 2022-03-01 - “CUPW says No to Half-Steps and Second-Class Worker Status for Gig Workers”
4.PostNL commences €250 million share buyback programme March 01, 2022
The Hague, the Netherlands, 1 March 2022 – PostNL today commences the execution of the share buyback programme with a value of maximum €250 million announced on 25 January 2022. The execution of the first tranche of the programme, of between €160 million and €170 million, with a maximum of 51 million shares, is expected to be completed no later than October 2022. The second tranche will be executed in 2023.
The first tranche of the share buyback programme will be executed within the limitations of the existing authority granted by the Annual General Meeting on 20 April 2021, and will be carried out in compliance with the Market Abuse Regulation. PostNL intends to use any repurchased shares under the programme to cover its obligations under share-based remuneration arrangements and to deliver future dividend that may be partly paid in stock, at the choice of the shareholder. The remaining number of the bought-back shares will be cancelled. PostNL has engaged BofA Securities Europe SA to start the execution of the share buyback programme on its behalf and to make trading decisions independently of PostNL. In accordance with regulations, PostNL will inform the market about progress made in the execution of this programme through press releases and via its website. The first progress report will be published on 8 March 2022.
Caution on forward-looking statements
Some statements in this press release are ‘forward-looking statements’. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may occur in the future. These forward-looking statements involve known and unknown risks, uncertainties and other factors that are outside of our control and impossible to predict, and that may cause actual results to differ materially from any future results expressed or implied. These forward-looking statements are based on current expectations, estimates, forecasts, analyses and projections about the industries in which we operate and management's beliefs and assumptions about possible future events. You are cautioned not to put undue reliance on these forward-looking statements, which only apply as of the date of this press release and are neither predictions nor guarantees of possible future events or circumstances.
We do not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as may be required under applicable securities law.
Source : https://www.postnl.nl/en/about-postnl/press-news/press-releases/2022/postnlcommences-250-million-share-buyback-programme.html
5. The parcel business increased the profits of Omniva February 28, 2022
The total revenue of Omniva for the fourth quarter of 2021 was 40.3 million, which is 10.3 million more than in the third quarter. Last year, the total operating income of the group in 2021 increased by 10 percent to 148.7 million euros compared to the previous year. Operating profit in 2021 increased by 68 percent to 16 million euros.
According to Mart Mägi, Chairman of the Management Board of Omniva, 2021 was a year of rapid development for the company. ‘We launched the automatic customs declaration system, expanded the network of parcel machines in the Baltics, and introduced the ‘several parcels in one locket’ solution. We successfully managed the parcel and mail volumes that increased several times during the shopping holidays at the end of the year,’ said Mägi.” ‘While making investments and working hard to make our services more customer-friendly, Omniva also increased its profit and turnover. The growing e-commerce had a positive effect on the volume of parcel services and increased revenue both in the Baltics and domestically,’ added Mägi. ‘We are optimistic about the new year. Last year, we developed the group strategy for the next period, which focuses on improving fast and high-quality customer service in the domestic market and in the Baltics,offering smart logistics solutions, and automating work processes.’ The operating income of the group in 2021 totalled 148.7 million euros, increasing by 10% year-on-year. The increase was primarily affected by the increase in revenue from parcel services by 14 million euros, including increasing revenue from parcel services in Latvia by 47% and in Lithuania by 40%. The result was also affected by increased e-commerce revenues in Estonia, Latvia, and Lithuania. The figures were supported by global and local shopping holidays at the end of the year, which increased the domestic and international parcel service volumes of the group. Almost 40% of the annual volume of registered domestic letters was sent in November and December. The local elections in October increased the volume of direct mail. The EBITDA of the group in 2021 amounted to 28.2 million euros, increasing by 36% yearon-year. The group earned an operating profit of 16 million euros, growing by 68% during the year, which was a significantly better result than was forecast. Operating expenses totalled 132.7 million euros, meaning an increase of 5%.
Strategic changes. At the beginning of the year, the restructuring of the company began with the aim of moving from a business area-based view to offering a unified solution to the customer. The structure, financial accounting, etc. supporting the new strategy came into force at the beginning of the second quarter. At the end of the year, the new vision, strategic goals for 2022–2026, and the main development directions were confirmed, pursuant to which Omniva wants to become the number one preferred logistics partner in the entire Baltic region in five years.
VAT change for postal parcels. In order to provide customers with a simple and fast declaration service, Omniva developed an automatic e-declaration solution for declaring parcels that are not subject to customs duties (worth less than 150 euros), as the VAT change for postal parcels ordered from third countries came into force in the European Union on 1 July. The service is well received by customers and actively used.
The continuing impact of the coronavirus on the economy and e-commerce. The restrictions significantly boosted e-commerce ordering and increased the parcel volume of Omniva throughout the Baltics at the beginning of the year. As a result, the use of parcel machines as an outdoor non-contact channel that can be used with gloves and support contactless payment continued to grow. An important competitive advantage of Omniva is the fact that our parcel machines are located outdoors. The Omniva parcel machine network is also the largest, which means that machines are the closest to the customer. The coronavirus situation also strongly affected parcel volumes during the peak period at the end of the year. Thorough preparation, previous experience, and the willingness of customers to cooperate also contributed to our success during shopping holidays and Christmas.
At the end of the year, the parcel machine network expanded in 11 counties in Estonia, and new parcel machines will be installed in Latvia and Lithuania. The company has 286 parcel machines all over Estonia and 937 in the Baltics. In addition, there are 265 post offices and 1,470 letterboxes. The expansion of the network will continue throughout the Baltics, in Estonia primarily in rural areas in cooperation with local governments. The turnover of international business was much better than expected due to the strong start of the year. In addition to the existing directions, we added Finland and Moldova as new important destinations. As a new service, trackable ordinary items in the Baltics were added. Finbite OÜ, the subsidiary providing information business services, had a successful year. The use of the service was stable and there is a growing interest of companies in e-invoicing services, which can be attributed to the continued operation of many companies in their home offices.
Among the most important procurements, they won the procurement of e-invoices of the city of Tallinn for the next five years. The Finbite app was launched where customers can submit their expense reports easily and quickly. The new solution has been popular among the customers and received positive feedback.
In philately, 26 postage stamps were issued to commemorate special events or persons in our country.
IV quarter and consolidated interim report 2021 is published on the company's website (in Estonian). This is the final unaudited data of the 2021 annual report. The audited data will be published at the end of March.
AS Eesti Post is a company owned by the Estonian state, the main activity of which is the provision of postal and logistics services. Subsidiaries and related companies: the main activity of SIA Omniva and UAB Omniva LT is the provision of parcel machines and courier services in the Latvian and Lithuanian markets. AS Maksekeskus provides payment solutions to e-commerce companies in the Baltics. Finbite OÜ offers e-invoicing and fintech solutions across the Baltics. Post11 offers e-merchants comprehensive international logistics solutions for the delivery of goods all over the world. The group employs 2,500+ people across the Baltics.
Source:https://www.omniva.ee/about_us/news/all_news/news/the_parcel_business_increased _the_profits_of_omniva
