International delivery service provider “Venipak” is expanding its working capacity in anticipation of a record workload for the second half of the year. The company aims to ensure timely delivery of the parcels by employing around 200 additional couriers and parcel sorters, increasing the number of vehicles, and investing in technological intelligence of warehousing. As…
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 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…
