According to Justas Šablinskas, CEO of Venipak, the EU warehouse shortage for e-commerce businesses has reached Lithuania 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 data…
During the pandemic, the international parcel delivery company Venipak has increased its share of services to private customers from 15-20% to 45%. To maintain the growth trend, Venipak is expanding towards services for e-commerce businesses and automates its warehouses. The radical transformation of business conditions over the past year led to an attitude change for…
The popularity of online shopping continues to grow but e-commerce businesses face specific challenges in different European countries. According to Justas Šablinskas, CEO of international parcel delivery service provider Venipak, trends differ throughout Europe. As the e-commerce market continues to grow, Venipak, a parcel delivery company operating in the Baltics, Germany, Poland, China, and the…
The growth rates of the Venipak Group are on the rise: 2021 Q1 revenue increased by 36% compared to the same quarter last year. The revenue of Venipak, the international group of parcel delivery companies, increased by 36% in Q1, rising from 8.48 to 11.54 million Euros. “At the start of this year, the revenue…
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…
The drastically changed situation in the parcel market has made courier a highly sought-after position among jobseekers. According to Justas Šablinskas, CEO at Venipak, an international parcel delivery service, the number of people applying for courier jobs will remain high this year. The booming e-commerce in Lithuania has also changed the labour market, putting couriers…
Research shows that the increase in global online shopping almost doubled in 2020, while predicted sector growth is linked to continued development in digital shopping expansion and improvements for both businesses and consumers in the pandemic context. As challenges for parcel delivery companies to process the record customer traffic persist, the need to ensure safe…
Venipak, an international parcel delivery service provider, has introduced the first contactless parcel terminals in the Baltic states. The company has noticed that while clients tend to seek for options to collect parcels conveniently and safely, the new-generation parcel terminals are already helping to meet these expectations. Since customers started purchasing online more frequently last…
