Omniva teams up with S.F. Express
Omniva has announced that it is establishing a joint enterprise with S.F. Express, China’s largest private-capital-based courier company, to support e-commerce. In a statement sent to Post&Parcel today, Omniva said that the new joint enterprise, which will be called Post11, has been set up “to mediate goods between China and Europe in a faster and more efficient manner”.
“The goal is to expand the business model all over the world, to forward shipments between different countries and to expand in the value-chain of e-commerce with new solutions,” explained Aavo Kärmas, Chairman of the Management Board of Omniva.
Kärmas added: “Most of the new company’s business is forwarding the goods ordered from Chinese e-stores to different countries. While, presently, Russia is the largest target market, volumes into other European countries are set to increase. In the future, the company plans to expand its business even further in the geographical sense, and offer solutions to the e-traders of different countries.”
Omniva and S.F. Express have already been working together for more than a year, and the new joint enterprise consolidates this relationship.
“With the establishment of the joint enterprise, Omniva wishes to strengthen its position in the international e-commerce business, and S.F. Express wishes to gain access on the European market by expanding their distribution centres and airlines,” added the Omniva statement.
The Omniva group consists of the state-owned AS Eesti Post (aka Estonia Post) as the parent company, and AS Eesti Maksekeskus as a subsidiary, along with subsidiaries UAB Omniva LT in Lithuania and SIA Omniva in Latvia.
In addition to its operations in China, S.F. Express provides courier services in the US, South Korea, Singapore, Malaysia, Japan, Vietnam, Thailand and Australia. The S.F. Express group also includes S.F. Airlines.