Tag: Finland

Posten Logistik acquires logistics company in Finland

Posted by | Sep 4, 2007 | |

The newly-acquired Finnish logistics company works in third-party logistics, and its customers deal in fast-moving consumer goods and spare parts. The new acquisition will make Posten Logistik one of the leading players within transport services and warehousing in Finland.

“Through the acquisition of Suomen Logistiikkatalo, we can offer a powerful alternative within third-party logistics and warehousing in the Finnish market,” says Henrik Höjsgaard, CEO of Posten Logistik. “It also means that we will strengthen our Nordic presence even further.”

More and more parcels and pallets are being sent internationally, and more and more companies require flexible, cross-border, cost-effective turnkey solutions. Through a strong presence in Finland, Posten Logistik is able to offer an expanded service and provide Nordic businesses with an excellent alternative in the Finnish market.

The acquisition of Suomen Logistiikkatalo in Finland strengthens Posten Logistik’s position within the Nordic region, and creates new opportunities for flows between the Nordic and Baltic regions and Russia. Posten’s Finnish operations are currently run through the subsidiaries DPD, HIT Finland and Sal-Trans.

Through its subsidiaries and the franchise network DPD, Posten Logistik already offers parcel, pallet and express services throughout the Nordic region. In 2007, Sweden’s Posten also set up a delivery network in Norway under the MyPack brand. The new delivery network gives Posten Logistik a new, powerful way of delivering parcels to Norwegian consumers.

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Posten Logistik acquires logistics company in Finland

Posted by | Sep 3, 2007 | |

Wholly-owned Posten subsidiary Posten Logistik acquires Suomen Logistiikkatalo in Finland. This strengthens Posten’s position within the Nordic region even further, and creates new opportunities for flows between the Nordic and Baltic regions and Russia.

The newly-acquired Finnish logistics company works in third-party logistics, and its customers deal in fast-moving consumer goods and spare parts. The new acquisition will make Posten Logistik one of the leading players within transport services and warehousing in Finland.

“Through the acquisition of Suomen Logistiikkatalo, we can offer a powerful alternative within third-party logistics and warehousing in the Finnish market,” says Henrik Höjsgaard, CEO of Posten Logistik. “It also means that we will strengthen our Nordic presence even further.”

More and more parcels and pallets are being sent internationally, and more and more companies require flexible, cross-border, cost-effective turnkey solutions. Through a strong presence in Finland, Posten Logistik is able to offer an expanded service and provide Nordic businesses with an excellent alternative in the Finnish market.

The acquisition of Suomen Logistiikkatalo in Finland strengthens Posten Logistik’s position within the Nordic region, and creates new opportunities for flows between the Nordic and Baltic regions and Russia. Posten’s Finnish operations are currently run through the subsidiaries DPD, HIT Finland and Sal-Trans.

Through its subsidiaries and the franchise network DPD, Posten Logistik already offers parcel, pallet and express services throughout the Nordic region. In 2007, Sweden’s Posten also set up a delivery network in Norway under the MyPack brand. The new delivery network gives Posten Logistik a new, powerful way of delivering parcels to Norwegian consumers.

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L’Oréal Finland Oy to Outsource its Cosmetics Product Logistics to Itella Logistics Oy

Posted by | Aug 13, 2007 | |

L’Oréal Finland Oy has chosen Itella Logistics Oy as its logistics partner. As part of this partnership, the warehousing of L’Oréal’s cosmetics and personal care products and the products’ final preparation for sales distribution channels in Finland will be handled entirely by Itella Logistics Oy. The total service package offered by Itella will encompass the warehousing of L’Oréal products and all sales support material for its marketing channels. Control of the distribution centre will be transferred to Itella Logistics Oy’s information system, which will be integrated into L’Oréal’s enterprise resource planning system. Around 18 million products are handled annually.

As part of the agreement, at the beginning of November 40 L’Oréal Logistics professionals will transfer to Itella Logistics Oy. L’Oréal’s warehouse function has been centralised in Hakkila, in the City of Vantaa, in 8,000m² premises particularly suitable for storing cosmetics products.

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Favorable economic trend boosts Itella’s result

Posted by | Aug 10, 2007 | |

Interim report for January–June 2007

• Q2 net sales grew by 9 per cent, coming to EUR 408.2 million (376.0). Six-month net sales grew by 10 per cent, coming to EUR 839.7 million (760.9).

• All business groups reported improvements in net sales, Itella Logistics in particular. Organic growth was 5 per cent for Q2 and 6 per cent for the six-month-period. In both periods, international operations represented 25 per cent of consolidated net sales.

• Q2 consolidated operating profit improved by 37 per cent, to EUR 19.7 million (14.4), accounting for 4.8 per cent (3.8 per cent) of consolidated net sales. Six-month consolidated operating profit grew by 26 per cent, to EUR 65.6 million (52.0), accounting for 7.8 per cent (6.8 per cent) of consolidated net sales. Itella Mail Communication and Itella Information reported improved operating profit.

• Itella Mail Communication launched a major project to develop mail sorting and delivery. The project involves investments of EUR 150 million over the next few years in equipment, IT systems and premises in Finland.

• New logistics centres started operating in Moscow and Kaunas, Lithuania. A contract was signed in May on the construction of a logistics centre in St. Petersburg, due to begin operating in early 2008.

• Company acquisitions by Itella Logistics continued with the purchase in Finland of SHW Logistiikka Oy, a furniture business service operator and, in Sweden, that of PS Logistics AB in July.

• A change of company name took effect in early June, as Finland Post was renamed Itella Corporation. Consumer service provision in Finland continues under the marketing name, ‘Posti’.

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