Austrian Post AG Trade Union calls IPO protest on Jan 30, 2006
The trade union of Austrian state-owned postal company Oesterreichische Post AG will stage a protest demonstration in front of the headquarters of state-holding and privatisation agency OeIAG at 0900 local time (0800 GMT) on January 30, 2006 against the planned initial public offering (IPO) of the post office, union head Gerhard Fritz confirmed on January 25, 2006. The Post AG trade union is not against the IPO in principle but considers the current plans to be premature. The union started its protests, which might lead to industrial strikes, with a march to the finance ministry in the previous week.
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