Austrian Post (Österreichische Post) is acquiring 100% of Serbian parcel service provider D Express, with plans to merge it into a single company alongside its existing Serbian subsidiary, City Express.
The acquisition includes D Express’s employees, customer contracts and infrastructure, comprising a logistics center in Belgrade and 27 delivery depots. Austrian Post has operated in Serbia for several years through City Express, and is among the country’s established parcel providers. The company said that by combining D Express and City Express, it hopes to create one of Serbia’s leading private parcel service providers, strengthening its market position and growth prospects.
Both parties have agreed not to disclose the purchase price, and completion of the deal remains subject to regulatory approval.
Walter Oblin, CEO of Austrian Post, said, “Austrian Post pursues a clear international expansion strategy: we aim to grow in markets where we can create genuine added value through our own expertise and a strong local presence. The acquisition of D Express is a significant step for us in further driving the internationalization of our parcel business and sustainably expanding our position in Southeast Europe.”
Peter Umundum, deputy CEO and board member for parcel and logistics at Austrian Post, said, “D Express brings a strong operational foundation, including its own logistics center in Belgrade, a nationwide network comprising 27 delivery depots and over 300 parcel lockers, as well as extensive experience in day-to-day logistics operations. Together with City Express, we can gradually integrate our networks and combine our strengths – ultimately to the benefit of all our customers.”
D Express was founded in 2008 and quickly established itself in the Serbian parcel market. In 2021, the company was acquired by United Group, a multiplay telecommunications and media provider operating across Southeast Europe.
In 2025, D Express transported approximately 14 million parcels and employed a workforce of 1,300, relying on its own staff for delivery operations. The company operates a fleet of around 800 vehicles across Serbia, giving customers access to 35 parcel shops and more than 300 parcel lockers. D Express generated revenue of approximately €36m (US$42m) in the last fiscal year.
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