International parcel company Venipak announces the completion of an important strategic expansion phase. The company’s expansion in Estonia, which started at the end of last year and has just been completed, has finally connected all three Baltic countries into a joint network of over 600 parcel lockers. Venipak’s immediate plans are to acquire an e-commerce…
Slowing economy indicates tougher times for e-businesses. Reaching customers at optimal costs is likely to become increasingly difficult, especially for marginalized small businesses. Therefore, PHH Group, the largest e-commerce company in the Baltics, which owns Pigu.lt, 220.lv, Kaup24.ee, and other brands, has decided to cooperate with Venipak, an international parcel company. This partnership will aim…
Lithuanian-owned international parcel delivery company Venipak has acquired Strengholt Entertainment BV, an e-commerce wholesaler based in the Netherlands and active throughout Europe. Among the suppliers and brands represented by the circa EUR 50 million turnover company are „Universal Music“, „Lego“, „L’Oreal“, „Disney“, „Mattel“ and others. This transaction is expected to form the basis for the…
Lithuanian-owned international parcel company Venipak opens its first efulfillment warehouse in Poland. The development in a country with 28 million online shoppers is expected to improve the service quality and further strengthen the company’s position in the Baltics while opening up new business opportunities and a window to Europe for its customers. Connecting the…
The turnover of the international parcel delivery company Venipak grew by 19% in 2022. The company increased its customer base and adapted to the consumer habits that were changing during the year. Venipak, which provides parcel delivery, efulfillment and air freight services in the Baltic States, grew its turnover by 18% in Lithuania, 28% in…
Every year, some shoppers meet the festive season without having received the Christmas presents they bought. When shopping online, we often don’t think about the long journey goods make from the e-shop to the recipient. So what can we do to make sure our purchases arrive on time, and how can we avoid the other,…
We are pleased to announce that Venipak provides e-fulfillment service in Poland. We have been laying the foundations for this service in Poland for a long time to ensure our customers easy and smooth trade in Western Europe. You will be able to store goods closer to your customers from now on. Our experience and…
E-commerce and the logistics market has been growing by leaps and bounds, and has improved considerably over recent years. The businesses that provided seemingly simple services, such as parcel delivery, have had to undergo several stages of business development in a relatively short period of time, while learning a number of lessons related to customer…
The latest geopolitical situation is disrupting logistics routes in the East. The standoff between Beijing and Vilnius related to the Taiwanese representative office, the continuing Russian aggression against Ukraine, and the new outbreak of Covid-19 in densely populated Hong Kong have all forced businesses and logistics companies to look for new markets and new routes…
Market analysts say that people’s need to buy online, which grew considerably during lockdowns, is here to stay. This means that the growing e-commerce market will be forced to look for the promptest and most effective solutions to satisfy growing consumer needs. It is forecast that, in the US, the e-fulfilment service will be consistently…