Estonian-owned parcel company Omniva LT has installed another 94 self-service parcel terminals in Lithuania's major cities and towns and plans to have 300 terminals in 90 settlements by the end of this year, the company said.
© Organizatorių nuotr.

"Over a half of the new 150 terminals has reached Lithuanian residents. We hope to maintain the same pace during the second and final expansion stage and have 300 terminals in total by the end of this year," Giedre Vaitekunaite, head of service expansion at Omniva LT, said in a statement.

The company invested over 2 million euros during the first stage of expansion, and plans to invest 4 million euros in total this year.

Omniva LT now operates the largest parcel terminal network in Lithuania.

Omniva LT posted 155,000 euros in net profit in the first nine months of this year, up 31 times from 5,000 euros last year, and its revenue rose 36.9 percent to 6.15 million euros. Parcel volumes went up 41 percent in the period.

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