Poste Italiane top officers likely to be re-elected

The top officers of Italian state-owned postal services company Poste Italiane should be put to the vote, Communications Minister, Mario Landolfi, said.

Answering a question about possible new nominations at Poste Italiane top managerial positions, Landolfi said most probably the current executives will be re-elected. The reshuffle of Poste Italiane’s management team is to be made by May 25, 2005, the minister added.

[Editor’s note: Poste Italiane registered a consolidated net profit of 236 mln euro ($303. 6 mln) for 2004, compared to 90. 3 mln euro ($116. 2 mln) for 2003. Operating profit dropped by 82 pct on an annual basis to 796. 4 mln euro ($1. 024 bln) in 2004. Turnover exceeded 9. 0 bln euro ($11. 579 bln) for the same year, ANSA reported on February 22, 2005. ] (ANSA).

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