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07 / 09 / 2020

Russian Post unveils $21mn digitization scheme

Russian Post unveils $21mn digitization scheme Russian Post, the country's state-run postal service operator, has unveiled a RUB1.5bn ($21mn) modernization program that will improve speed of delivery and profits.

One of major improvements will be an opportunity to track letters and packages sent from abroad – a service that Russian Post currently doesn't offer but would be vital to compete with privately-owned postal operators.

The digitalization scheme will be run by Postal Technologies, Russian Post's IT wing.

Specifically, Russian Post will invest in development of a mobile app and market place, as well as a service for digitizing incoming mail and a few other services.

The company also plans to revamp its logistical infrastructure.