Privatisation of Maltapost

The Malta Star has reported that Maltapost is to be completely privatised.

The Government has announced that it will be selling its 40 per cent share holding in the company.

The major shareholder after the privatisation of the postal services is complete will be the Lombard Bank.

Maltapost Chairman Dr Joseph Said, commented that Maltapost offers one of the most efficient services around Europe and was classified as the 16th most efficient postal service out of 40 countries surveyed.

The Malta Star has reported that Maltapost is to be completely privatised.

The Government has announced that it will be selling its 40 per cent share holding in the company.

The major shareholder after the privatisation of the postal services is complete will be the Lombard Bank.

Maltapost Chairman Dr Joseph Said, commented that Maltapost offers one of the most efficient services around Europe and was classified as the 16th most efficient postal service out of 40 countries surveyed.

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