Lithuania, Mergers and take-overs, Post Office, Transport

International Internet Magazine. Baltic States news & analytics Wednesday, 16.07.2025, 11:18

Lithuanian Post purchases Baltic Post company

Danuta Pavilenene, BC, Vilnius, 12.06.2012.Print version
Renovating and expanding its activities the company Lietuvos Pastas – Lithuanian Post – for consolidation of positions in the market, has purchased the Baltic Post company administrating self-service shipment terminals SIUNTOS24 (Shipments24), the Lithuanian Ministry of Transport and Communications said.

"After purchasing the Baltic Post company, Lithuanian Post will continue the development of terminals' network. In the nearest future it is planned to install a few more new terminals, and to provide more flexible conditions for shipment via the terminals in Lithuania as well as abroad," declared Domas Sabaitis, Director of the Baltic Post company.

 

At present the Baltic Post company operates the network of 60 terminals in 34 towns of Lithuania. In the nearest future 11 more terminals will be installed in 9 towns. Self-service shipment terminals SIUNTOS24 are usually installed near large shopping centres, gas-stations, post offices, writes LETA/ELTA.

 

Terminals are equipped with advanced technologies. They work efficiently by transferring to couriers information on shipment parcels stored in terminals. This enables rapid and efficient delivery of shipments to consignees.





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