Parcel Technik announces PLN 10 million expansion

Polish courier company Parcel Technik wants to expand and, early in 2017, will run a pilot project that will allow for the use of wireless delivery of mail, the company said in a press release on Tuesday. "Parcel Technik is a young company, which has shown that it can very quickly go from...concept [to] implementation. Following the expected success of the [previous] pilot [test] on the Israeli market, we want to expand in Poland and in Germany [and] enter the market with the most extensive network . This will quickly achieve return on investment, and investors will ensure participation in future profits," said company president Rafał Markiewicz. Markiewicz explained that Parcel Technik has developed a machine for completing postal transactions that operates without an external electrical power supply, which allows it to get around Deutsche Post's domination of the electronic courier market. The service will be launched under the name CerroPost by March, 2017 in both Poland and Germany. For the pilot project, it will offer cross-border courier services among cities and towns between Warsaw and Berlin, the release said. It will install its machines primarily in technology company's buildings and in student centers. The company searches for new technological solutions for the distribution of parcels and courier services in conjunction with the IT industry and creates wireless machines for issuing postal parcels. It is listed on the NewConnect market of the WSE.