Annual Report 2014

Changes in corporate structure

During the period under review, the holdings of Group’s Russian real estate companies were transferred from Cyprus to Finland. The transfers regarding operative companies are being prepared. These changes are part of Posti Group’s aim to simplify the company structure. Changes did not have an impact on Posti Group’s result.

In March 2014, Posti sold its entire share capital in its associated company Porlogis Transitos e Logistica Lda. Posti’s share in the company was 35%. The transaction did not have an impact on the Group’s result.

On September 1, 2014, Centerfin Ltd merged with Global Mail FP Oy.

On October 1, 2014, Itella Holding GmbH merged with Posti Group Corporation.

On October 1, 2014, OpusCapita Group Ltd acquired Norian Regnskap AS and the group formed by it.