easyPacks by InPost conquer Russia
Cracow, 26 July 2011
easyPacks by InPost conquer Russia!
Integer.pl continues its international expansion
Integer.pl Group – the operator and provider of innovative postal and courier solutions as well as e-commerce services enters the Russian market. Under the agreement concluded by Integer.pl and iTech – the modern technologies fund, part of the QIWI Group , the companies have decided on the creation of a special purpose company named QIWI Post, which task is to develop easyPack business in over 30 Russian cities. The pilot phase will be launched in August 2011 and involves 40 parcel machines to be placed in Moscow within the next 6 months. There is going to be about 440 easyPacks 24/7 machines in the Russian streets. QIWI Group will invest approximately $30 million in the project.
Integer.pl Group and QIWI Group cooperation, which is the leader in cash payments in Russia as well as the owner of 100,000 very popular cash deposit machines, is the continuation of the Integer.pl strategy of easyPacks expansion on CEE markets. 70 percent of the Russian Internet traffic passes through QIWI Group, which also simultaneously supports local e-commerce market. The extension of Integer.pl business activities range in that area is the result of the Group strong entry into international markets.
“The contract with iTech is definitely the next very important event, after signing an agreement with Estonian public post – Eesti Post, in the history of our company. The QIWI Group, under which iTech operates, is a strong business partner who knows realities of that market. Therefore we are convinced of the success of this venture. The agreement concerning the development of our services in Russia is another step toward the position when in three-years’ time easyPacks are present in every European country. We focus on innovation and easyPacks are undoubtedly a perfect example of solution on a high, international level” – said Rafał Brzoska, CEO Integer.pl Group.
Integer.pl Group relies its international development on three foreign business assumptions based on easyPack service:
- Sale of technology (e.g. activities in Estonia)
- Creating subsidiaries with local partners (e.g. the service development agreement in Russia)
- Major investments of the Integer.pl Group, i.e. launching easyPacks service on foreign markets
“Establishing cooperation with the Russian partner is a continuation of the easyPacks business line intensive development . In 2011 we intend to launch this revolutionary service on five European markets. We are in the final stage of finalizing the contract in Ukraine, Czech Republic and Slovakia. Furthermore, we have signed contracts with Estonian and Russian institutions. At the same time we are also in advanced negotiations with 20 partners all over the world. We hope the Integer.pl Group’s revenues from foreign projects amount to euro 20-40 million in the next few years” - adds Rafał Brzoska.
In Poland there are 420 easyPacks machines throughout the country and Integer.pl intends to launch another 200 machines in 2011. The company’s plan is to install 1000 machines in Poland by the end of 2012.
In February 2011 the Integer.pl Group has won contract for delivery of 38 easyPack machines for the Estonian public post, Eesti Post. The contract also provides business technology partnership and advisory services and consulting regarding the commercial launch of the new service in Estonia.
The first stage of the order value amounts to € 950 000. The Group also assumes a possibility of systematic increase of the number of ordered equipment.