Polish Post is developing cooperation with China Post
Poczta Polska (Polish Post) has signed an agreement with China Post Group (China Post) for parcel transport and redistribution services. This agreement aims to ensure the development of incoming postal exchange by rail from China to Europe and a gradual increase in the volumes Poczta Polska will deliver to other European countries. The goal of the cooperation is to improve the efficiency of the Polish operator's services and deliver parcels to customers faster. Poczta Polska expects additional revenue from handling the growing volumes of Chinese parcels and an increase in its domestic and international market share in the courier sector. The agreement with China Post Group is another step towards implementing Poczta Polska's new strategy for 2021-2023, one of the main pillars of which is the intensive development and strengthening of its position in the CEP (courier, express, and parcel) market.
" Poczta Polska is focusing on growth markets and strategic partnerships. One of these is the agreement with China Post, which strengthens our relationship with a major player in the Asian market. It is also another step in confirming our position as one of the logistics leaders in this part of Europe. We believe that thanks to our attractive offer and long-standing, successful cooperation with the Chinese Post, we will be able to further expand Poczta Polska's strong position and provide better, and above all, more efficient and faster, services to customers, " says Tomasz Zdzikot, CEO of Poczta Polska.
Thanks to the agreement, the parties plan to further develop incoming postal exchange by rail from China to Europe and gradually increase the volumes that Poczta Polska will redistribute to other European countries. The development of cooperation between postal operators will provide customers ordering goods on Asian platforms with efficient transport and greater delivery efficiency. The company expects additional revenue from handling the growing volumes of shipments arriving from China and those handled by the Chinese operator. China is currently the European Union's largest trading partner, and as a result, these volumes constitute the majority of all shipments arriving in Poland and transiting through Poland from outside the European Union.
" The CEP parcel market is developing rapidly, driven by cross-border trade and the growth of shipments for international e-commerce. These factors represent the potential for revenue growth for Poczta Polska, so we expect that expanding our partnership with the national Chinese operator will result in tangible benefits for both parties, " says Wiesław Włodek, Vice President of Poczta Polska.
It is worth emphasizing that the Company is preparing to implement the so-called "VAT package for e-commerce", which will come into force on July 1, 2021. Poczta Polska will take over the process of submitting electronic import customs declarations, thus becoming a "tax gateway" between the EU and countries outside its borders, mainly China.