Mily Technologies expands to Germany
Mily Technologies continues its growth journey by taking the first step toward the DACH market. The company was incorporated in Germany and will move its headquarters to Munich effective May 1, 2022.
– We are confident that Germany is the right strategic step given its diverse, dynamic, and well-established delivery market. It will allow us to expand our operations across Europe more easily and help more companies master the last mile – explains Miloš Zlatković, CEO of Mily Technologies.
The German CEP market continues its strong growth due to booming e-commerce. According to recent forecasts, which include the coronavirus impact, the market is projected to reach over 32 billion euros by 2025.
With the number of parcel deliveries rising, and the continuous investment in research and development of German CEP companies, the Mily Tech delivery analytics platform feels right at home.
As the next step, the company plans to extend the team with local hires in Sales, Marketing, and Support.
– We are all very excited about this new chapter. Germany is the biggest delivery market in Europe, and this move builds upon our strategic plan for continued global growth – said Aleksandar Buha, CTO of Mily Technologies.
Mily Technologies was established in 2021 in Belgrade, Serbia. In its first year, the company managed to expand its business across the Balkan region and process more than 20 million shipments.
