Parisi: "Poste's monopoly is unacceptable"
Stefano Parisi, general manager of Italian employers’ association Confindustria, has said that it is unacceptable that Italian postal service Poste is still enjoying a monopoly of the sector.
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Poste Italiane profits to rise
Corrado Passera, managing director of Italian postal service Poste, has presented the business plan for 2002-2004 which is based on developing more financial services as well as the logistics and package deliveries division. Net operating profits are expected to rise to 877.97m euros compared to 175.59m euros in 2001.
Read MoreState underwrites struggling Alitalia
The Italian government wants to retain a 51% stake in Alitalia for another two years. Cur ently, the state owns 53 % of the airline. The move has put an end — at least for the time being to the protracted wrangling about the privatisation of the airline, which, in the year 2000, led to Alitalia’s spectacular ‘divorce’ from former partner KLM Royal Dutch Airlines. This move, which has the sanction of the labour unions, always a force to be reckoned with in Italy, is compatible with the longterm aim of putting the airline on a sound financial footing, a prerequisite for a successful privatisation.
Read MorePoste 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.
Read MoreSwiss post acquires stake in Italian Parcel Company
5 February 2002 Swiss Post International has acquired a 30 per cent stake in Porta a porta with an option to acquire control over the next two years. Porta a Porta is a parcel and logistics company.
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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.