Estonia Postal Operator Omniva Sees Growth From Parcel Lockers

The Estonian postal operator Omniva, has reported that parcel volumes grew by 10% in the first six months of 2015. The company states that the development of e-commerce is contributing to this rapid growth in parcel volumes.

The company also reported that the largest increase occurred in the number of parcels sent via parcel machines, approximately 50%. Due to the growing demand for parcel machines, Omniva has continued to expand its parcel machine (parcel lockers) in Estonia and Latvia. Omniva has a total of 194 parcel lockers in the Baltic States, of which 104 are located in Estonia, 46 in Latvia, and 44 in Lithuania. This makes Omniva the biggest company in the Baltic States offering parcel machine services.

The company also reported a continued decline in the number of domestic letters, which decreased by 16%. Omniva Group’s commercial revenues of the first six months of 2015 amounted to €34 million. The Group’s net profit was approximately €0.8 million. In the first six months of 2015, the commercial revenues of Omniva have increased by 19% compared to the same period in the previous year.

On 2014, Omniva Group’s commercial revenues were €59.9 million and the Group’s consolidated net profit was approximately €1.3 million. Omniva Group includes Eesti Post Ltd as a dominant company and Payment Centre Estonia Ltd, Omniva UAB in Lithuania and Omniva SIA in Latvia as subsidiaries.

Omniva is a leader in e-commerce and plays an important role in advancing the economic life of Baltic States. Omniva states that it leads the parcel terminal market of Estonia, Latvia and Lithuania. Omniva currently employs about 2,600 employees throughout Estonia, Latvia and Lithuania.

Apex Insight’s latest report, European Parcel Shop and Locker Networks Market Insight Report 2015, analyses the rapidly growing European market for parcel shops and locker networks.