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Anttila Oy now one of Posti’s largest logistics customers

Anttila Oy and Posti have signed an agreement on the supply chain services in Finland for all department stores and online stores of Anttila Oy. Under the agreement, Posti will be responsible for the warehousing services of 25 Anttila department stores, nine Kodin1 department stores and Anttila.com and Kodin1.com online stores with associated value-added services, transport of products to the stores and transport and return services of online store products for consumer customers.   - We feel honored that one of the biggest commercial players in Finland has chosen us as their

Posti Group’s result satisfactory while net sales decreased

Posti Group Corporation Interim Report Q3/2015 July–September 2015 · The Group’s net sales decreased by 14.2% and amounted to EUR 373.5 (435.1) million in July–September. Comparable net sales, excluding the international freight business, decreased by 7.5%. · Net sales decreased by 4.2% in Postal Services, by 21.4% in Parcel and Logistics Services and by 37.8% in Itella Russia, and increased by 0.6% in OpusCapita. Measured in local currency, Itella Russia’s net sales decreased by 8.6%. The comparable net sales of Parcel and Logistics Services decreased by 4.3%. · The operating

Posti experiments with robotic helicopters in e-commerce deliveries

Starting from September 2, Posti will carry out a four-day experiment to test the technology of the future in e-commerce logistics and mail delivery. In the experiment, Posti will be testing a robotic helicopter (drone, unmanned aerial vehicle) in delivery and transport tasks for the first time in Finland, and for the first time in Europe in an inhabited urban environment. The robotic helicopter will fly in Helsinki, between the mainland and the island of Suomenlinna, a Unesco World Heritage Site. The robotic helicopter will carry parcels to Suomenlinna from September 2 to

Posti Group’s net sales hit by the weak market situation – growth in parcel services

POSTI GROUP CORPORATION INTERIM REPORT, JANUARY–JUNE 2015JULY 17, 2015 AT 10.00 (EET)Posti Group Corporation Interim Report Q2/2015 April–June 2015 · The Group’s net sales decreased by 12.0% and amounted to EUR 406.3 (461.9) million in April–June. · Net sales decreased by 5.3% in Postal Services, by 18.5% in Parcel and Logistics Services and by 27.1% in Itella Russia, and increased by 0.5% in OpusCapita. Measured in local currency, Itella Russia’s net sales decreased by 10.4%. · The operating result before non-recurring items declined to loss-making territory and amounted to

Posti strategy aims at renewal

Posti Group has specified its strategic goals and focus areas for 2015 – 2017. Posti aims to be the number one choice for its customers as the provider of postal and logistics services in 2018. The most important financial target for Posti is to maintain good profitability. The change taking place in the postal sector will become more rapid in the next few years when letter and publication distribution volumes fall as a result of electronic communications. Digitalization will change Posti’s current business models and create new services and growth opportunities. At the same time,

Posti Group improves its result substantially in the first quarter – the market situation remains challenging

Posti Group Corporation Interim Report Q1/2015 · The Group’s net sales decreased by 7.3% and amounted to EUR 435.9 (470.0) million in January–March. Mail delivery volumes continued to decline substantially, while parcel services grew. In the logistics market, the situation remained weak and competition continued to be intense. Exchange rates depreciated. · Net sales decreased by 0.8% in Postal Services, by 10.6% in Parcel and Logistics Services and by 33.2% in Itella Russia, and increased by 0.5% in OpusCapita. Measured in local currency, Itella Russia’s net sales decreased by 1.2%.

Posti Group sells its real estate properties

Posti Group Corporation has signed an agreement to sell approximately 130,000 sq.m. real estate portfolio to Norwegian company Ness, Risan & Partners (NRP). The portfolio to be sold consists of three postal centers, one warehouse and one freight terminal in Finland. The real estate properties will transfer to the new owner on April 22, 2015, with the exception of the freight terminal that will transfer upon its completion in late 2016. On behalf of NRP the property manager will be the Swedish property management company Wilfast Forvaltning (Wilfast). Posti will continue its business

Posti Group sells its Scandinavian road freight operations

Posti Group continues to improve the profitability of its logistics business operations in line with its strategy by selling Scandinavian road freight business operations to Danish Nordic Transport Group (NTG). The transaction includes also international road, air, and sea freight operations in Finland. The transaction does not include Posti’s operations in Finland, the Baltic countries and Russia. Posti will continue to provide logistics services in Finland in parcel services, company transport services, and supply chain solutions. In Sweden, Posti will continue in parcel operations

Kirsi Nuotto joins Posti’s Board of Directors – Arto Hiltunen to remain as Chairman

Posti Group Corporation’s Annual General Meeting was held in Helsinki on March 18, 2015. The meeting adopted the 2014 financial statements and discharged the Supervisory Board, Board of Directors and President and CEO from liability.Board of Directors It was decided that the Board of Directors be composed of eight members. The following will continue as members of the Board of Directors · Arto Hiltunen, Economist · Petri Järvinen, Global Supply Chain Planning Director, Mölnlycke Health Care, Sweden · Petri Kokko, Director, Google Deutschland GmbH · Jussi Kuutsa, Country

Posti Group’s strategy is advancing – the industry and the market are undergoing a dramatic transformation

POSTI GROUP CORPORATION’S FINANCIAL STATEMENTS RELEASE, FEBRUARY 13, 2015 AT 10:00 A.M. (EET)Posti Group Corporation’s Financial Statements and Board of Directors’ Report for 2014 October–December 2014 · The Group’s net sales decreased by 7.0% to EUR 491.7 (528.8) million in October–December. · Net sales decreased by 2.7% in Itella Mail Communications, by 9.0% in Itella Logistics and by 26.7% in Itella Russia, and increased by 2.6% in OpusCapita. Measured in local currency, Itella Russia’s net sales increased by 0.7%. · Posti Group’s operating result before non-recurring items

Itella’s net sales decreased – profitable operating result in Russia

ITELLA CORPORATION INTERIM REPORT, JANUARY–SEPTEMBER 2014, NOVEMBER 3, 2014 AT 10:00 (EET)Itella Corporation Interim Report Q3/2014 July–September 2014 · Itella Group’s net sales in July–September decreased by 4.8% compared to the previous year and was EUR 435.1 (457.0) million. The decrease was due to the weakening and intense competition of the logistics market as well as currency depreciation. Mail delivery volumes continued to decline substantially. Parcel traffic increased slightly. · Net sales remained largely unchanged from the previous year in Itella Mail Communications,

Itella to renew its logistics services in Scandinavia

Itella will renew its logistics services in Scandinavia. In the future, Itella will concentrate on road transport between its countries of operation. In this field, Itella already has a firm foothold and the possibility to increase its market share. Itella’s aim is also to develop its offering in road transport in selected market areas in Europe. As part of the renewal, Itella plans to give up air and sea freight as well as its service warehouses in Sweden, Norway and Denmark. Additionally, according to the plans, the internal distribution logistics in the countries is to be outsourced.

Itella is restructuring its organization to become more customer-oriented

Itella will restructure its organization in Finland to improve its customer focus and financial competitiveness. As part of the renewal, the company is launching a two-year performance improvement program and commencing cooperation negotiations concerning expert and supervisory positions in administration as well as planning and supervisory duties in production. The organizational restructuring follows measures announced earlier this year by Itella to adjust its operations to respond to heavily declining mail volumes and the difficult market situation in logistics. - The rapid

Itella changes its name to Posti

As of January 1, 2015, Itella Corporation will change its company name to Posti Group Oyj. In future, Posti will serve both consumer and business customers under one service brand. The change will further improve customer experience and clarify the company’s identity as a Finnish postal, logistics and eCommerce services.An Extraordinary General Meeting of Itella made the decision on changing the name of the Group. As of January 1, 2015, the new name of Itella Corporation will be Posti Group Oyj. “Posti is a traditional and respected Finnish brand that has served Finns with dignity for

Itella’s net sales hit by the recession

ITELLA CORPORATION INTERIM REPORT, JANUARY–JUNE 2014JULY 18, 2014 AT 10:00 (EET)Itella Corporation Interim Report Q2/2014 April–June 2014 · Itella Group’s net sales in April–June decreased to EUR 461.9 (495.1) million compared to the previous year. The decrease was due to the weakening and the intense competition of the logistics market as well as currency depreciation. Mail delivery volumes continued to decline substantially. · Net sales decreased to EUR 275.4 (282.2) million in Itella Mail Communications, to EUR 151.1 (167.4) million in Itella Logistics, to EUR 42.7 (50.8)

Itella opens a new cross-border e-commerce route to Russia

Itella is currently developing a solution for cross-border e-commerce where companies are offered a new way of marketing, selling and delivering their products directly to Russian consumers. Itella and Balmuir have begun testing the service. Itella and Balmuir, a company focused on high-quality interior design products and accessories, have launched a project to develop a new type of e-commerce concept for Russia. During the project, to Russian consumers will be marketed and offered the opportunity to purchase Balmuir products in an online store directed at Russian consumers.

Itella’s result for January–March satisfactory considering the market situation

ITELLA CORPORATION INTERIM REPORT, JANUARY–MARCH 2014 APRIL 30, 2014 AT 10:00 (EET)Itella Corporation Interim Report Q1/2014 · Itella Group’s net sales in January–March decreased by 5.2% to EUR 470.0 (496.0) million. The decrease was due to lower volumes in mail delivery, the decline of the logistics market and intense competition as well as currency depreciation. At comparable exchange rates, the decline in net sales was 3.0%. · Net sales decreased by 7.9% in Itella Logistics, by 1.9% in Itella Mail Communications, by 10.3% in Itella Russia, and by 3.9% in OpusCapita. Itella Russia’

Itella will soon deliver online store products to customers even during the same day

Itella has launched a EUR 10 million online store warehousing and delivery project, through which online stores will receive even better service. Consumers, in turn, will receive the goods they have ordered even during the same day.Itella has launched a unique automation and construction project in its logistics center at Voutila, Vantaa. The project will soon provide online stores with access to one of the most sophisticated warehousing and delivery systems in the whole of Europe. The most integral part of the project is a warehouse that will be completed next year and feature robots

Tomas Olsson appointed Head of Itella Logistics Scandinavia and Baltics

Tomas Olsson has been appointed Head of Itella Logistics Scandinavia and Baltics. He will join Itella on April 22, 2014. He will be responsible for Itella Logistics businesses in all Scandinavian and Baltic countries.Prior to Itella, Tomas Olsson has a 15 year long career in DHL in various positions. He has worked as President of DHL Sweden, and as a Director leading change of DHL Nordic and DHL/DPWN Europe (Deutsche Post). Tomas Olsson has also worked for Green Cargo, and as a consultant for logistics industry. - Tomas is a seasoned executive and change manager with extensive industry

Arto Hiltunen continues as the Chairman of Itella’s Board of Directors

Itella Corporation's Annual General Meeting (AGM) was held in Helsinki on March 25, 2014. The AGM adopted the financial statements for 2013, as well as discharged the members of the Supervisory Board and the Board of Directors and the President and CEO.Board of Directors Itella's Board of Directors consists of eight members. The AGM re-elected the following Board members: M.Sc. (Econ.) Arto Hiltunen, Country Director Jussi Kuutsa, CFO Päivi Pesola, Executive Vice President Riitta Savonlahti and Managing Director Suvi-Anne Siimes. The AGM elected Mölnlycke Health Care's Global

Itella’s result for 2013 weakened by declining volumes

ITELLA CORPORATION’S FINANCIAL STATEMENTS RELEASE, FEBRUARY 14, 2014 AT 10 A.M. (EET)October–December 2013 · Itella Group’s net sales decreased by 2.5% to EUR 528.8 (542.6) million in the fourth quarter of 2013. · Net sales increased by 1.2% in Itella Mail Communications, but decreased by 5.9% in Itella Logistics and by 3.2% in OpusCapita. · The Itella Group’s operating result before non-recurring items was EUR 26.3 (12.8) million, representing 5.0% (2.4%) of net sales. The operating result before non-recurring items improved to EUR 34.3 (25.5) million in Itella Mail

The Board of Itella has appointed the members of OpusCapita’s Board

The Board of Itella Corporation has appointed the members of OpusCapita Ltd’s Board. There are altogether six Board members and the members are: · CEO Heikki Malinen, Itella · CFO Sari Helander, Itella · Vice President, Strategy and Development Juhani Strömberg, Itella · CEO Timo Löyttyniemi, The State Pension Fund · Senior Investment Director Juha Mikkola, Norvestia · Private Entrepreneur and Board Professional Ossi Pohjola, Business Integration Group. Further information Media release on October 30, 2013:Itella Information changes its name to OpusCapita 

Itella seeks growth through e-commerce and the Russian market

Growth of digital communications threatens to halve traditional mail volumesItella seeks new growth and profitability in fast-growing e-commerce and the Russian market. Having renewed its strategy, Itella is investing in e-commerce services and the logistics chain by broadening its service network. The number of Posti’s service outlets in Finland will be increased to 1,700. · Itella Group released its new vision and strategic goals today, which run until the year 2020. Customer focus now guides operations more strongly than before. Itella’s new vision is “Your first choice for postal,

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