A mysterious bidder wants to take over InPost shares. This is how the logistics giant started
InPost announced its proposal to acquire a full block of shares in the company. It is not known who the bidder is. The potential transaction is now to be analyzed by a specially appointed team, consisting of representatives of the management board and the supervisory board. The company founded in 2006 by Rafał Brzoska has a history of ups and downs. There were several turning points on her path, including: exit from the Warsaw Stock Exchange and debut on the Amsterdam Stock Exchange, the specter of bankruptcy after the revaluation of goals, success after the coronavirus pandemic, and finally – a contract to sponsor the national football team in 2022.
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Who is Rafał Brzoska, called by the media “Polish Jobs” and “king of parcel lockers”? Considered one of the greatest Polish business visionaries, he started in the 1990s by assembling computers, and started his business with a company dealing in leaflet distribution. But the true story of a logistics empire that dared to compete with the then monopolist — By Polish Post — started in 2006
Rafał Brzoska started with a plate in an envelope
InPost entry — a company belonging to the Integer capital group — to the postal market coincided with postmen's strikes. However, this was not the only thing that helped achieve success. The famous InPost plate, which the company offered to customers as an additional load on letters, turned out to be a hit. At that time, Poczta Polska was the exclusive supplier of parcels weighing less than 50 g, i.e. ordinary letters. InPost, thanks to the badge and competitive prices at that time, gained many recipients of the service offered, including primarily institutions and enterprises.
The company developed dynamically. Within a year, the company tripled the number of cities it served and delivered 2 million parcels a month. Its main advantage was the price, lower than that of the state operator. Poczta Polska tried to fight the growing competition in court, but lost the case.
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Then another revolutionary idea appeared on the Polish market and turned out to be a hit — parcel lockers. The first one was erected in September 2009 in Krakow, and seven years later a parcel locker with the number 2000 was installed. According to data from December 21, 2021, the operator currently has a network of 16,000. parcel lockers throughout Poland.
InPost parcel locker
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Eryk Stawinski/REPORTER / East News
As the company developed, the fortune of Rafał Brzoska, its main shareholder, also increased. In 2011, he made his debut on the list of the richest Poles with assets valued at over PLN 200 million. Ten years later it reached PLN 5.7 billion.
See also: Rafał Brzoska boasted about his daughter. “I'm bursting with pride as a dad”
InPost. Not everything went according to plan
Problems appeared around 2014, when it turned out that both the pace of development of the parcel locker network and the financial results were lower than declared by the head of InPost. In November 2014, the manufacturer's shares lost almost half of their value. In 2015, InPost debuted on the Warsaw Stock Exchange. A year later, he lost the contract for delivering court forms, which turned out to be the nail in the coffin. He withdrew from the letter mail market, sold the Bezpieczny List company and focused entirely on providing e-commerce services. They also failed to achieve success abroad. According to the declaration, 16,000 were to be created in several countries by the end of 2016. parcel lockers, and only one third of this plan was implemented, most of it in Poland. In 2017, the management board of the WSE excluded the company from stock exchange trading on the main market.
InPost was helped by the pandemic and the Dutch stock exchange
However, fleeting defeats did not discourage the “king of parcel lockers”. The search for an investor who could get the company out of debt and into new directions of activity began. InPost finally focused on handling shipments for the e-commerce industry. And this turned out to be another hit, among others. thanks to… the coronavirus pandemic, which accelerated the development of online trade. The company's revenues after nine months of 2020 amounted to PLN 1.67 billion, which is almost twice as much as a year earlier.
InPost announced another success in January this year. Then the debut of the Polish private parcel locker operator took place on the Amsterdam Euronext stock exchange. “Our debut on Euronext will open the next phase of our development as we expand our business internationally and build on the strong momentum generated to date.” — Rafał Brzoska commented on the event.
Different faces of the “king of parcel lockers”
In recent years, there has been no shortage of comments in the media about Brzoska's business and himself. Both negative and positive. He was accused of, among other things, selling the Bezpieczny List company for pennies, along with debts to employees. It turned out that they had not received their salaries, and the new owner, instead of settling their obligations, gave them notice of termination.
In the fall of 2021, Rafał Brzoska's name appeared in a negative light during the Pandora Papers scandal. An international journalistic investigation revealed a lot of information about the assets and transactions of famous and prominent people from around the world: politicians, businessmen, celebrities.
The Pandora Papers documents showed that the companies founded by Brzoska in Cyprus used capital “creatively”. These included: loans from InPost Paczkomaty for Cypriot companies Brzoski, and then — transfers and loans between the latter. “Gazeta Wyborcza” claimed then that it had reached nearly 2.8 thousand. documents mentioning Brzoska's name. They showed that the businessman could avoid full taxation in Poland.
The head of InPost responded to the press revelations via social media, suggesting spreading disinformation and “damaging the good name.”
In a positive context, the president of InPost appeared in April 2022, when, together with his wife Omena Mensah, he organized a huge transport of humanitarian aid for Ukraine. Then 34 wagons went to Kharkov — nearly 500 tons of food, medicines and other necessities. It was the largest privately funded transport of aid to the civilian population.
In 2021, Rafał Brzoska was ranked 7th on the Forbes magazine's list of the richest Poles, with assets valued at PLN 5.7 billion. In 2025, in the same ranking, he appeared in 15th place with assets estimated at PLN 4.52 billion. A year earlier, he was ranked one place higher, but with lower assets, valued at PLN 3.71 billion.
