Latest news with #InPost
Yahoo
10-07-2025
- Business
- Yahoo
Polish parcel powerhouse InPost buys Spanish delivery provider
InPost, a fast-growing express delivery firm based in Poland, has acquired Spanish courier and fulfillment provider Sending, the company announced Wednesday. The deal, part of a broader European push, expands its logistics network and product offering on the Iberian Peninsula. Sending provides 24-hour door-to-door delivery service, which will complement InPost's network of 3,000 parcel vending machines and more than 9,000 pick up and drop off points in Spain and Portugal. InPost will also add 155 logistics centers to its network, bringing the total number of facilities in Spain to 170. Sending also serves Andorra, Gibraltar, the Canary Islands and the Azores, and also provides transport services to Spain and Portugal from Belgium, France, Germany, Italy, the Netherlands and the United Kingdom. InPost also operates in Luxembourg. InPost says it has the second-largest parcel locker network in the Iberian Peninsula, with plans to add another 1,000 units by the end of the year. 'We are consistently implementing our expansion strategy across Europe – both through organic growth and the acquisition of attractive companies in key markets. This strategic step, like our recent acquisitions in the UK, will not only expand our reach but also accelerate the development of innovative out-of-home delivery solutions,' said Rafał Brzoska , founder and CEO of InPost Group. InPost earlier this year acquired Yodel for $144 million, making it the third-largest independent parcel operator in the UK. Terms of the Sending deal were not disclosed. Click here for more FreightWaves/American Shipper stories by Eric Kulisch. Write to Eric Kulisch at ekulisch@ READING: US parcel market to grow 36% by 2030, Pitney Bowes says DHL Express Canada resumes service after workers ratify labor deal The post Polish parcel powerhouse InPost buys Spanish delivery provider appeared first on FreightWaves.


Scotsman
09-07-2025
- Business
- Scotsman
Oasis Edinburgh: InPost to host merch 'Drop Shops' at Murrayfield gigs
InPost UK has announced a new partnership with Warner Music Group's WMX, launching a first-of-its-kind merchandise delivery experience for concertgoers, starting with the Oasis Live '25 tour. | Contributed Seeing Oasis in Edinburgh this August? You no longer need to worry about being weighed down by merchandise purchases at the venue. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Fans heading to see Oasis in Edinburgh this August will be able to send their merchandise purchases straight home, thanks to a first-of-its-kind delivery experience. Operated by Poland-based delivery platform InPost, the new 'Drop Shops' were launched during the Britpop band's first reunion shows in Cardiff. Advertisement Hide Ad Advertisement Hide Ad The service allows fans to conveniently send any merchandise purchases to their local InPost point or directly home, meaning that there is no need to carry any additional bags into the concert. The Drop Shops can be found at all 17 UK tour dates, as well as at Fan Stores around the country. This includes Murrayfield Stadium, in addition to the Edinburgh pop-up shop on George Street, which will be open from August 4. Launched in partnership with Warner Music Group's WMX, it is the first time that a logistics provider has collaborated with a major label in order to deliver merchandise at scale - and there are already plans for Drop Shops to be rolled out at further Warner Music Group events. The partnership will also allow InPost app users to access exclusive Oasis fan experiences with the chance of winning tour-related prizes. Advertisement Hide Ad Advertisement Hide Ad 'As we look to improve how fans engage with artists on tour, partnerships like this play an important role. InPost brings unique expertise in last-mile delivery that will enable us to redefine how merchandise is offered at scale while keeping the experience seamless for fans and practical for organisers,' commented Bob Workman, Warner Music Group's general manager of WMX UK and the senior vice president of international artist and brand partners.
Yahoo
03-07-2025
- Business
- Yahoo
Tech firms in Central and Eastern Europe seek to catch up with the West
The first three places in this year's ranking of the largest technology companies in Central and Eastern Europe were taken by Estonian fintech Wise, as well as two Polish companies: InPost and Allegro. The report shows that the value of 32 companies in the region exceeds $1 billion, while another 50 boast valuations above $250 million. The largest number of companies on the list come from Poland — the region's biggest economy — with 39 technology firms from the country having a combined valuation of over $43bn. Meanwhile, Estonia and the Czech Republic each have 13 companies among the CEE digital champions, with the value of Estonian firms being nearly twice as high as that of Czech firms — $21.7bn versus $12.2bn. Lithuania (7 companies) and Romania (6 companies) rank further down the list. "Poland has become fertile ground for building digital companies, and local VC and PE funds play an increasingly important role in driving their growth. It is worth noting that companies that have leveraged such financing often not only gain a strong position in the domestic and regional markets but also make significant progress on the global stage. InPost, Booksy, and ICEYE are the best examples — technology companies whose products and services have gained international reach far beyond Poland and the CEE region," said Rozalia Urbanek, Investment Director at PFR Ventures. ICEYE is a Finnish company that was co-founded by Poland's Rafal Modrzewski, and it also has significant operations in Poland. Although the largest number of companies in the top 100 ranking come from Poland, the Baltic countries remain the undisputed leaders of the technology sector in the region. The 23 companies from Lithuania, Latvia, and Estonia included in the ranking account for over 30% of the total valuation of all companies on the list, while these countries are home to only about 4% of the CEE region's population. As the report points out, the technology sector in Central and Eastern Europe performs exceptionally well compared to the overall economy of the region's countries. Technology companies from CEE countries account for more than 8% of the European digital economy, with a combined value of €3 trillion. Importantly, over the past decade, the value of companies here has grown two to three times faster than similar firms in Western Europe. 'Technology companies from the CEE region have enormous potential and consistently prove that they are on par with competitors from other parts of the world. However, it's important to emphasise that these companies must have an international outlook, as only that allows them to fully realise their potential. Developing technology in Central and Eastern Europe also has a significant advantage — the region offers excellent IT talent while enabling businesses to operate at reasonable costs,' said Filip Kaczmarzyk, Management Board Member at XTB, in an interview with Euronews. Representatives of technology companies, however, point to numerous growth barriers. Marcin Kuśmierz, CEO of e-commerce company Allegro, highlights issues such as complex EU regulations, a lack of synchronisation in their implementation across member states, and unfair competition from outside the EU. 'We believe that these burdens are disproportionately greater for European companies compared to their non-European competitors. In our dialogue with national and EU authorities, we consistently call for a level playing field for all entities operating in the EU market, regardless of their size or origin, as this is the best way to foster healthy competition and innovation, as well as to protect consumer interests,' Marcin Kuśmierz told Euronews. Related Business funding: Where is venture capital flowing in Europe? How do you grow a unicorn? What Europe can do to support its start-ups One of the biggest challenges for technology companies in the Central and Eastern European (CEE) region is limited access to capital. 'Although many companies have innovative ideas and the potential to expand into foreign markets, they often lack sufficient capital to successfully execute their plans. Accessing external sources of financing, such as venture capital funds, could provide crucial support for companies in the CEE region. A similar situation applies to IPOs — few companies choose this route, considering it too complex or risky,' said Szymon Wałach, Vice President of Digital and Strategy at InPost. He adds, however, that investor interest in the sector is growing, as evidenced by the total value of investments in CEE tech companies in 2024, which reached €3.89bn. Poland, with €592.1 million, ranked second — just behind Turkey. A survey conducted by The Recursive in early 2025 showed that 62% of venture capitalists in the CEE region expect a more favourable investment climate in 2025 compared to the previous year. Investors are particularly optimistic about long-term growth opportunities in the artificial intelligence, cyber security and deep technology sectors. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-07-2025
- Business
- Yahoo
Tech firms in Central and Eastern Europe seek to catch up with the West
The first three places in this year's ranking of the largest technology companies in Central and Eastern Europe were taken by Estonian fintech Wise, as well as two Polish companies: InPost and Allegro. The report shows that the value of 32 companies in the region exceeds $1 billion, while another 50 boast valuations above $250 million. The largest number of companies on the list come from Poland — the region's biggest economy — with 39 technology firms from the country having a combined valuation of over $43bn. Meanwhile, Estonia and the Czech Republic each have 13 companies among the CEE digital champions, with the value of Estonian firms being nearly twice as high as that of Czech firms — $21.7bn versus $12.2bn. Lithuania (7 companies) and Romania (6 companies) rank further down the list. "Poland has become fertile ground for building digital companies, and local VC and PE funds play an increasingly important role in driving their growth. It is worth noting that companies that have leveraged such financing often not only gain a strong position in the domestic and regional markets but also make significant progress on the global stage. InPost, Booksy, and ICEYE are the best examples — technology companies whose products and services have gained international reach far beyond Poland and the CEE region," said Rozalia Urbanek, Investment Director at PFR Ventures. ICEYE is a Finnish company that was co-founded by Poland's Rafal Modrzewski, and it also has significant operations in Poland. Although the largest number of companies in the top 100 ranking come from Poland, the Baltic countries remain the undisputed leaders of the technology sector in the region. The 23 companies from Lithuania, Latvia, and Estonia included in the ranking account for over 30% of the total valuation of all companies on the list, while these countries are home to only about 4% of the CEE region's population. As the report points out, the technology sector in Central and Eastern Europe performs exceptionally well compared to the overall economy of the region's countries. Technology companies from CEE countries account for more than 8% of the European digital economy, with a combined value of €3 trillion. Importantly, over the past decade, the value of companies here has grown two to three times faster than similar firms in Western Europe. 'Technology companies from the CEE region have enormous potential and consistently prove that they are on par with competitors from other parts of the world. However, it's important to emphasise that these companies must have an international outlook, as only that allows them to fully realise their potential. Developing technology in Central and Eastern Europe also has a significant advantage — the region offers excellent IT talent while enabling businesses to operate at reasonable costs,' said Filip Kaczmarzyk, Management Board Member at XTB, in an interview with Euronews. Representatives of technology companies, however, point to numerous growth barriers. Marcin Kuśmierz, CEO of e-commerce company Allegro, highlights issues such as complex EU regulations, a lack of synchronisation in their implementation across member states, and unfair competition from outside the EU. 'We believe that these burdens are disproportionately greater for European companies compared to their non-European competitors. In our dialogue with national and EU authorities, we consistently call for a level playing field for all entities operating in the EU market, regardless of their size or origin, as this is the best way to foster healthy competition and innovation, as well as to protect consumer interests,' Marcin Kuśmierz told Euronews. Related Business funding: Where is venture capital flowing in Europe? How do you grow a unicorn? What Europe can do to support its start-ups One of the biggest challenges for technology companies in the Central and Eastern European (CEE) region is limited access to capital. 'Although many companies have innovative ideas and the potential to expand into foreign markets, they often lack sufficient capital to successfully execute their plans. Accessing external sources of financing, such as venture capital funds, could provide crucial support for companies in the CEE region. A similar situation applies to IPOs — few companies choose this route, considering it too complex or risky,' said Szymon Wałach, Vice President of Digital and Strategy at InPost. He adds, however, that investor interest in the sector is growing, as evidenced by the total value of investments in CEE tech companies in 2024, which reached €3.89bn. Poland, with €592.1 million, ranked second — just behind Turkey. A survey conducted by The Recursive in early 2025 showed that 62% of venture capitalists in the CEE region expect a more favourable investment climate in 2025 compared to the previous year. Investors are particularly optimistic about long-term growth opportunities in the artificial intelligence, cyber security and deep technology sectors. Sign in to access your portfolio


Euronews
03-07-2025
- Business
- Euronews
Tech firms in Central and Eastern Europe chase the West's progress
The first three places in this year's ranking of the largest technology companies in Central and Eastern Europe were taken by Estonian fintech Wise, as well as two Polish companies: InPost and Allegro. The report shows that the value of 32 companies in the region exceeds $1 billion, while another 50 boast valuations above $250 million. The largest number of companies on the list come from Poland — the region's biggest economy — with 39 technology firms from the country having a combined valuation of over $43bn. Meanwhile, Estonia and the Czech Republic each have 13 companies among the CEE digital champions, with the value of Estonian firms being nearly twice as high as that of Czech firms — $21.7bn versus $12.2bn. Lithuania (7 companies) and Romania (6 companies) rank further down the list. CEE: Poland and the Baltics are tech frontrunners "Poland has become fertile ground for building digital companies, and local VC and PE funds play an increasingly important role in driving their growth. It is worth noting that companies that have leveraged such financing often not only gain a strong position in the domestic and regional markets but also make significant progress on the global stage. InPost, Booksy, and ICEYE are the best examples — technology companies whose products and services have gained international reach far beyond Poland and the CEE region," said Rozalia Urbanek, Investment Director at PFR Ventures. ICEYE is a Finnish company that was co-founded by Poland's Rafal Modrzewski, and it also has significant operations in Poland. Although the largest number of companies in the top 100 ranking come from Poland, the Baltic countries remain the undisputed leaders of the technology sector in the region. The 23 companies from Lithuania, Latvia, and Estonia included in the ranking account for over 30% of the total valuation of all companies on the list, while these countries are home to only about 4% of the CEE region's population. As the report points out, the technology sector in Central and Eastern Europe performs exceptionally well compared to the overall economy of the region's countries. Technology companies from CEE countries account for more than 8% of the European digital economy, with a combined value of €3 trillion. Importantly, over the past decade, the value of companies here has grown two to three times faster than similar firms in Western Europe. Challenges for the industry 'Technology companies from the CEE region have enormous potential and consistently prove that they are on par with competitors from other parts of the world. However, it's important to emphasise that these companies must have an international outlook, as only that allows them to fully realise their potential. Developing technology in Central and Eastern Europe also has a significant advantage — the region offers excellent IT talent while enabling businesses to operate at reasonable costs,' said Filip Kaczmarzyk, Management Board Member at XTB, in an interview with Euronews. Representatives of technology companies, however, point to numerous growth barriers. Marcin Kuśmierz, CEO of e-commerce company Allegro, highlights issues such as complex EU regulations, a lack of synchronisation in their implementation across member states, and unfair competition from outside the EU. 'We believe that these burdens are disproportionately greater for European companies compared to their non-European competitors. In our dialogue with national and EU authorities, we consistently call for a level playing field for all entities operating in the EU market, regardless of their size or origin, as this is the best way to foster healthy competition and innovation, as well as to protect consumer interests,' Marcin Kuśmierz told Euronews. One of the biggest challenges for technology companies in the Central and Eastern European (CEE) region is limited access to capital. 'Although many companies have innovative ideas and the potential to expand into foreign markets, they often lack sufficient capital to successfully execute their plans. Accessing external sources of financing, such as venture capital funds, could provide crucial support for companies in the CEE region. A similar situation applies to IPOs — few companies choose this route, considering it too complex or risky,' said Szymon Wałach, Vice President of Digital and Strategy at InPost. He adds, however, that investor interest in the sector is growing, as evidenced by the total value of investments in CEE tech companies in 2024, which reached €3.89bn. Poland, with €592.1 million, ranked second — just behind Turkey. A survey conducted by The Recursive in early 2025 showed that 62% of venture capitalists in the CEE region expect a more favourable investment climate in 2025 compared to the previous year. Investors are particularly optimistic about long-term growth opportunities in the artificial intelligence, cyber security and deep technology sectors.