euShipments.com’s business model is centred on providing innovative e-commerce logistics solutions specifically tailored to the needs of online merchants. The company leverages a powerful combination of one of the largest regional fulfillment networks, leading cross-border delivery capabilities, and a strong IT backbone.
Over the last two years, euShipments.com executed a focused M&A strategy resulting in four strategic acquisitions in Bulgaria, Croatia, Romania and Slovakia. This expanded the company’s operational footprint and strengthened its regional logistics capabilities to offer clients unparalleled operational excellence and efficiency, resulting in further demand for its services.
Founded in 2012 by Lora Dimitrova, today Shareholder and IT Product Owner, and Svetlozar Dimitrov, also a Shareholder and CEO, euShipments.com supports its clients by managing their entire logistics cycle – from fulfillment, domestic and cross-border deliveries to value-added services such as returns management, cash-on-delivery solutions, IOSS services, and more. Online retailers have access to the entire euShipments.com logistics mix via a single commercial contract, integration, and interface.
About 1,300 customers put their trust in the expertise of the company, which operates 7 own e-fulfillment and cross-border facilities in six countries throughout Southeast and Eastern Europe and partners with over 60 last-mile carriers across Europe, offering more than 800 delivery methods. “In today’s e-commerce reality, our clients constantly seek and expect the very best from their partners and service providers. That is why, guided by the high demands and evolving needs of our customers, we see only one way forward – to improve operationally and technologically every single day”, states Lora Dimitrova, Co-Founder and IT Product Owner of euShipments.com.
“At the core of euShipments.com’s success is a clear customer-focused strategy. By actively listening to our clients, we have been able to develop new services, delivery methods, and destination coverage that reflect their evolving needs. Together with Austrian Post, we are now opening a new chapter of development and growth. This strategic partnership will strengthen our regional position, expand our service portfolio and network, and enhance our efficiency – enabling our clients to sell online and deliver even more competitively and borderless”, says Svetlozar Dimitrov, Co-Founder and CEO of euShipments.com.
In 2022, BlackPeak Capital, a leading private equity firm managing funds focused on growth equity investments in CEE/SEE, invested in euShipments.com to support the founders in the next stage of the company’s development. The fund is backed by reputable institutional investors, including the European Investment Fund, the European Bank for Reconstruction and Development, and the International Finance Corporation.
“euShipments.com is a great example of what a strong team can achieve with the right support and a clear vision. We are proud of and thankful to Svet, Lora, and the entire management team for the progress we have made since 2022. We are confident that the new chapter with Austrian Post will afford numerous opportunities for the company to expand further and strengthen its position as a trusted partner for online merchants across Europe”, comments Angel Stefanov, Partner at BlackPeak Capital.
Mr. Matej Javorek, Mr. Stefan Popa, and Mr. Ondrej Holik – founders of the companies acquired by euShipments.com, will continue to lead euShipments Croatia, euShipments Romania, and euShipments Slovakia, respectively. As before, they remain the driving forces behind the development of the euShipments.com brand and services in their local markets and regions.
The management of the company states that upon closing of the transaction, euShipments.com will continue to operate as a stand-alone entity of Austrian Post, building on its existing business model to further strengthen all existing business partnerships and offer an even higher service quality and wider geographical range of offerings to its e-commerce clients.
Austrian Post is one of Europe’s established logistics groups and a leading postal, parcel, and logistics provider in Austria. With operations in 13 countries and a market reach of more than 150 million consumers, Austrian Post is a powerful strategic partner for euShipments.com.
“Thanks to this acquisition, we are strengthening our regional presence in Southeast and Eastern Europe while expanding our offering of international e-commerce solutions at the same time”, states Peter Umundum, Member of the Management Board with responsibility for the Parcel & Logistics Division.
“The company optimally complements our portfolio and is an important step forward within the context of our LEAD 2030 growth strategy, serving the objective of positioning Austrian Post as a leading e-commerce partner in Austria, Southeast and Eastern Europe as well as Türkiye and beyond”, concludes Austrian Post CEO Walter Oblin.
euShipments was founded in 2012 and headquartered in Ruse, Bulgaria, and is a leading integrated e-commerce logistics and fulfilment provider serving more than 1,300 online retailers across Europe. The company offers a complete one-stop-shop solution, including warehousing, fulfilment, domestic and international delivery to all 27 EU member states, payment processing and returns management, all accessible through a single integration.
