The new subsidiary accounted for more than a third of group revenue for the year. Parcels demand was the other key revenue driver, with e-commerce growth driving segment revenue up by close to two fifths, offsetting declines for other postal service revenue in 2020. To support e-commerce delivery, the post rolled out several new pick-up options in 2020 and 2021, including small smart parcel lockers outside post offices. From 2021, it plans to further expand domestic and regional parcel operations, with annual capex set to increase by more than 50%. For more details download the latest IPC Carrier Intelligence Report for Posta Slovenije.