PostNord Sverige (formerly Posten AB) is the name of the Swedish postal service. The word "posten" means "the post" or "the mail" in Swedish. In 2009 it merged with its Danish equivalent, Post Danmark A/S, forming PostNord AB, a holding company that is jointly owned by the Swedish (60%) and Danish (40%) governments.[1] A rebranding to PostNord for both the mail and logistics divisions was performed in 2015.[2]