Estonian state-owned logistics company Omniva posted a net profit of €1.46m for 2015, up 10 percent from the previous year. The company’s investment portfolio for the year also grew to €6.6m. Omniva, through its newly established subsidiary Post11, started cooperating with the Chinese courier company S.F. Express, which helped boost its 2015 results.
“Online trade is increasing globally and the markets are consolidating, thus a strategic partnership with a leading company in China – one of the most important online trade countries – is extremely important,” said Omniva CEO Aavo Karmas.
