Poste Italiane outlines business plan for 2002-04
Italian postal group Poste Italiane has outlined its business plan for 2002-2004 which includes investments worth 2bn euros and a stock market flotation. Managing director Corrado Passera says that his task is to lead the group to the stock market, while the finance ministry will have to decide when the listing will take place. The proposal will be discussed with trade unions and consumer associations and in mid-March a board meeting will take place to illustrate the details of the operation.
Il Sole 24 Ore