Tag: Itella

Itella Information expands to Poland

Posted by | Jan 16, 2008 | |

Itella Group is expanding to Poland. Itella Information has signed an agreement on acquiring the business operations of BusinessPoint S.A, a Polish company specialising in printing and document management. The deal is conditional, requiring e.g. the approval of the Polish competition authorities. Vendors are the owners of the company and they will continue in Itella’s service.

BusinessPoint is one of the largest service providers in its field in Poland, posting net sales of approximately EUR 15 million in 2006 and employing a staff of 100 permanent employees.
– For some time now, Itella Information has been investigating the possibilities of expanding into the Polish market. In Poland, the outsourcing of printing and document management operations is only in its initial stages, and expansion into new, growing markets in Poland is a natural direction for Itella Information’s growth, comments Heikki Länsisyrjä, business group director at Itella Information.
– This deal allows us to create even more innovative services for the Polish market. Itella Information is an experienced service operator in the field of information logistics, and we can benefit from that experience and develop new services, particularly in the fields of e-invoicing and e-transactions, says Jacek Zaremba, Managing Director of BusinessPoint S.A.

Besides companies in Sweden, Norway, Denmark, Germany and the Baltic countries Itella Group operates also in Russia where Itella opened a logistics centre last year. Poland will be the tenth country where Itella operates.

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Itella and the Finnish Government partner up in invoice processing

Posted by | Dec 17, 2007 | |

Last spring, Itella Information Oy won a competitive tendering round for the Government’s invoice processing services. The new contract, valid as from 1 December 2007, facilitates more extensive cooperation between Itella Information Oy and the Finnish Government. The State Treasury’s goal is to receive all of the Government’s incoming purchase invoices as e-Invoices by the end of 2009. The same applies to the majority of sales invoices.

In order to meet this target, cooperation with Itella is essential, says Kristiina Seppälä of the State Treasury.

– On an annual basis, this involves over 2.7 million incoming invoices and 13.2 million outgoing invoices. As regards the outgoing invoices, the major annual invoice batches comprise the Finnish Vehicle Administration’s approximately 6.7 million vehicle tax letters and over 5 million television fees by the Finnish Communications Regulatory Authority. Some 89 per cent of the invoices sent out by the Government are targeted at consumers. As to the Government’s incoming invoices, almost 70 per cent arrive in electronic format already, of which around 30 per cent do so as e-Invoices.

Itella digitises purchase invoices arriving at the bureau on paper, including them directly in the bureau’s purchase invoice recycling system, where the material is available for immediate use. With the help of Itella Information, various state offices can adopt completely electronic, efficient processes in information processing, which results in considerable savings for taxpayers. Electronic processes involve significant improvements in the efficiency of operations, thanks to the omission of manual work stages, fewer mistakes and faster information processing.

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Healthy demand continues across Itella’s businesses

Posted by | Oct 26, 2007 | |

– Net sales in January–September rose by 10 per cent, to EUR 1,230.9 million.
– All business groups showed growth. Net sales increased in Finland by 6 per cent and 24 per cent in other countries. Organic growth accounted for 6 per cent. The share of international operations was 26 per cent.
– In January–September, operating profit grew by 18 per cent, amounting to EUR 79.7 million, accounting for 6.5 per cent of net sales. Profitability increased in Itella Mail Communication and Itella Information.
– A development and investment project concerning mail sorting and delivery in Finland was launched in Itella Mail Communication. Consequently, the decision was taken to build a new post centre in Oulu and to extend those located in Tampere and Kuopio. In Helsinki post centre sorting machines are currently being renewed.
– Itella Logistics acquired PS Logistics AB in Sweden.
– Itella Mail Communication sold the office services business of the Inhouse unit to ISS Palvelut Oy.
– The EU reached a consensus on the schedule for the entry into force of the new Postal Directive. Accordingly, the European postal markets will be opened up to competition, at the latest by 2011–2013. The new directive allows the member states to define more flexibly how basic delivery and other universal services are to be secured and financed. The impact of the directive in Finland will depend on how Finnish legislation governs its implementation.

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Itella Information creates one international document scanning environment standardising on Kodak’s production scanners

Posted by | Oct 12, 2007 | |

Eastman Kodak Company today announced that Itella Information, the service bureau division of Itella Group, has harmonized its production scanner infrastructure selecting Kodak as its main partner. To support ongoing growth of the business and add future capacity for growth, four i1860 scanners, the fastest ever high volume systems from Kodak, have been purchased for use at its production centers in Finland and Sweden.

This is a significant deal as Itella Information’s extensive scanner fleet will be now be predominately Kodak based thereby simplifying hardware management, improving efficiency and flexibility in a hugely price sensitive and competitive business.

Formerly known as Finland Post Group, the company was renamed Itella Group in June 2007 and provides traditional consumer focused postal services in Finland under the Posti brand, along with services to businesses in Finland and eight other northern European countries as Itella (1). Operating in three business areas –Itella Logistics (freight services), Itella Mail Communication (letter and direct mail delivery) and Itella Information (outsourced document management services, invoicing and business communication), the Group employs over 24k staff with net sales in 2006 totaling EUR 1,550.6 million.

Itella Information provides a range of standardized and bespoke services for customers with particular focus on digitizing solutions which covers invoice processing and document process outsourcing. Itella manages the whole lifecycle of documents from initial scanning, workflow, document management, electronic archiving and subsequent access.

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