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Itella

Posti Group Corporation
Public limited company
Industry postal service, logistics, financial process automation
Founded 1638
Headquarters Helsinki, Finland
EUR 1,650 million (2015)
Owner Government of Finland
Number of employees
22,219 (2015 on average)
Website www.posti.com

Posti Group Corporation (previously Itella during 2007–2015) is the main Finnish postal service delivering mail and parcels in Finland. The State of Finland is the sole shareholder of the company. Posti Ltd has a universal service obligation that entails weekday deliveries of letters and parcels in all of Finland’s municipalities. Posti’s head office is located in Pohjois-Pasila in Helsinki and in 2014, the group employed an average of 27,253 persons. Posti’s history spans nearly 400 years.

The Finnish company is divided into four business groups: Postal Services, Parcel and Logistics Services, Itella Russia and OpusCapita. Posti’s net sales in 2014 amounted to EUR 1,650 million. Posti has 22,000 employees. Of the net sales, approximately 96% comes from businesses and organizations. The company’s key customer sectors are commerce, services and media.

As of 2015 the group is headed by Heikki Malinen, and Arto Hiltunen is Chairman of the Board of Directors. The company has operations in ten countries: Latvia, Lithuania, Norway, Poland, Sweden, Germany, Finland, Denmark, Russia and Estonia. Åland Post is the independent postal operator for the Åland Islands.

Postal Services handles the delivery of letters, direct mail, and newspapers and magazines in Finland through its subsidiary Posti Oy. Delivery personnel also offer check-in and assistance services for the elderly, and in 2016 ran a pilot program offering lawn mowing.

Parcel and Logistics Services offers comprehensive supply chain solutions, parcel and e-commerce services, transport services, international road, air, sea and rail freight services, warehousing or supplementary services and customs clearance services. The company provides global services through its partners.

Itella Russia provides logistics services in Russia.

OpusCapita provides financial process automation. OpusCapita has operations in eight European countries (Estonia, Finland, Germany, Latvia, Lithuania, Norway, Poland and Sweden) and a network of international partners covering the globe.


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