PostNord

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PostNord AB is a provider of postal services operating mainly in the Nordic countries. The company was formed on 24 June 2009, under the name Posten Norden, as the holding company in a merger between the Danish and Swedish postal service providers Post Danmark A/S and Posten AB. In 2011, the name of the company was changed to PostNord. The owners of PostNord Group are the state of Sweden (60 percent) and the Ministry of Transport of Denmark (40 percent). The voting rights are, however, split equally (50/50) between the two owners, and the respective owners name equal numbers of corporate board members. In 2015, the subsidiary that operates in Sweden changed its name from Posten AB to PostNord Group AB, whereas the name of the legal entity operating in Denmark was not changed. In Sweden, as of 2020, the group is the second largest company by number of employees, after Volvo Cars.