Italy post office aiming for privatisation in 2006

Vittorio Mincato, chairman of the state-owned post office company Poste Italiane SpA, said the management is working to ensure the group’s privatisation next year.

Speaking on the sidelines of a conference, Mincato said that the economy minister Domenico Siniscalco is expected to give indications regarding the company’s privatisation in the 2006 budget.

Mincato, formerly CEO of the petrol group Eni SpA, was appointed head of the post office in May by the economy ministry to give an impulse to the company’s privatisation.

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