Posti mulls investing €100m to build new logistics center

National postal and logistic services operator Posti planned to invest more than EUR 100 million in a new logistics center in Finland, said a press release.

A decision on the possible construction of the center will be taken in 2022-2023, once the planning is sufficiently advanced.

If realized, the new logistics center would start operations in the second half of this decade at the earliest.

“We anticipate the e-commerce market in Finland to double by the end of this decade. In order to contribute to and support the growth of the e-commerce market, we plan to invest more than EUR 100 million in a new logistics center in Finland. The investment is significant and fully in line with our strategy, as it will strengthen our ability to deliver efficient, fast and optimized services according to our customers' needs, taking into account the entire value chain of e-commerce logistics”, said Turkka Kuusisto, CEO of Posti Group.

During the preparatory phase of the project, various options for increasing parcel sorting operations and the capacity for supporting them in Finland have been explored.

In the next phase of the project, municipalities and cities interested in the construction project in Southern Finland will be mapped. The location of the possible construction site depends, first and foremost, on its central location in terms of the availability of personnel and commuting options as well as logistics solutions, the availability of land, price and how well Posti's sustainable development goals can be achieved there.