Itella Information changes its name to OpusCapita


As of 1 November 2013, Itella Information, part of Itella Group, continues its strong growth strategy in the Nordic and European markets by the new name of OpusCapita. The company is a leader in financial process and cash flow automation as well as outsourcing services.

Underlying the change is Itella's new vision and strategy. The changes implemented now will enable even better success in different growth areas and in the development of operations. The new OpusCapita will focus on generating growth and on strengthening its market position in the Nordics and the rest of Europe. Itella will focus on postal services in Finland and on strengthening market leadership as a logistics service provider, particularly in Finland and Russia. The new OpusCapita remains part of Itella Group.

- Companies are constantly thinking of ways to rationalize operations. We help our clients to create efficient, high-quality business operations. Our objective is to offer solutions for our clients that help them develop their entire business through financial process and cash flow automation as well as outsourcing services. This way our customers can concentrate on their core business. This is our niche market, says Heikki Länsisyrjä, CEO of Itella Information Ltd.

- A new name and look will increase awareness of our brand and offering - both in Finland and in the new markets. Through increased operational independence, we will be able to benefit from growth opportunities even more than before, and further strengthen our market position as an expert in financial processes, Länsisyrjä continues.

The services of Itella Information comprise, for example, rationalization and outsourcing services of financial management processes and automation solutions utilizing Itella Information's own technology and software competence.

The OpusCapita name has its roots in Itella Information's subsidiary that offers cash flow automation solutions. Subsequently, Itella Information business group will adopt the OpusCapita name. The name OpusCapita is well known and respected among its target markets.

- Our new name is perfect for the transformation of Itella Information: Opus means a work of art and Capita means capital. The new name also better reflects our competence in rationalizing financial management processes, Länsisyrjä concludes.

More Information:

Heikki Malinen, CEO, Itella Group´
Heikki Länsisyrjä, CEO, Itella Information Ltd
Petri Karjalainen, Vice President, Customer operations, Itella Information Ltd

Itella MediaDesk, tel. +358 20 452 3366

The passion of OpusCapita lies in streamlining financial processes through automation solutions and business process outsourcing solutions. Our job is to help our clients create even more efficient and high-quality business operations. We have over 10,000 customers in Europe, and our solutions are used in over 50 countries. We employ approximately 2,400 dedicated professionals in nine countries. In 2012 our turnover was 270 million euros. Our headquarters are located in Espoo, Finland. We are part of Itella Group. More information

Media Releases on October 30, 2013:

Itella’s result weakened by declining delivery volumes
Itella seeks growth through e-commerce and the Russian market
Itella Information changes its name to OpusCapita
The Board members of OpusCapita appointed