On Saturday, September 18, the international parcel delivery company Venipak will launch regular air freight service between Riga and Hong Kong airports, to better meet the needs of Baltic companies active in international trade. Now the flights will be operated every week and at least twice a week from mid-October. The aim of the connection…
After a pandemic driven peak of parcel deliveries from businesses to customers in 2020, the share of private individuals in the delivery volumes has slightly decreased, but still remains above the pre-pandemic level, shows the data of the international parcel delivery company Venipak. Clothing, electronics and everyday goods have been most popular purchases by private…
During the pandemic and due to its successful transformation, Venipak Group was able to grow rapidly the Group’s revenue. According to the preliminary data, the Group’s 2021 H1 sales were about 25 million euros, an annual increase of about 40%. With investments in innovative fulfillment services, the company also wants to bring more Estonian and…
We kindly inform you that the new amendments to the value-added tax (VAT) rules in the European Union (EU) will enter into force on 1 July 2021. This will have an impact on the e-commerce business. We would like to ensure that your dispatch processes continue to run smoothly, so, if you sell goods from…
Venipak, an international parcel delivery company, is introducing delivery by electric scooters. This will ensure easier delivery access in old towns and contribute to the reduction of air pollution. As Vilnius continues to implement its mobility strategy and other municipalities try to reduce traffic in the city centers, an international parcel delivery company Venipak expands…
According to Justas Šablinskas, CEO of Venipak, the EU warehouse shortage for e-commerce businesses has reached the Baltics too. The increase of commercial storage spaces is actively encouraged by parcel delivery companies. The situation in Europe has revealed that the scale of goods sold online is bigger than the availability of storage spaces. The Economist…
International parcel delivery service Venipak is growing faster than ever: turnover of company group in Baltic states in 1st quarter of 2021 has increased by 36%. Income of Venipak Eesti had the strongest growth in the Baltics, 42%. Turnover of Venipak company group, working in Lithuania, Latvia and Estonia, has reached 11,54 M Eur. in…
2021 starts with some good news. We are announcing the AVIA service to help your parcel reach the destination even faster and safer. Air freight is one of the fastest-growing modes of transport, so the AVIA service is a big and exciting step for us. We believe that it will be a very effective and…
Comfortable and reliable solutions to return the purchased goods are important not only for individuals but also for e-commerce businesses. As online purchases continue to grow, the rate of the goods returned grows too. According to Forbes, around 25-30% of the purchased goods are usually sent back to the seller. Yet up to 96% of…
The company achieved the set financial goals in all Baltic states The revenue growth was primarily driven by the increase of e-commerce and the demand for e-commerce fulfilment services The company set the record for the highest amount of parcels delivered in December 2020 Venipak, an international parcel delivery service, operating in all Baltic states…
