Tag: Poste Italiane

Deutsche Post director says interested in stake in Italy’s post operator

Deutsche Post AG director Peter Kruse said his company could be interested in taking a stake in Italy’s postal operator Le Poste in any privatisation by the government. In comments cited by Il Sole 24 Ore Saturday, Kruse said that first there will have to be a political consensus on privatising the postal operator, like there has been in Germany. ‘We have still not seen any official announcement, but it is surely the case that we are ready to consider it attentively,’ he said, referring to any privatisation in Italy. Deutsche Post is watching developments in other European countries, he said.

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Poste Italiane 2004 balance sheet seen positive

The 2004 balance sheet of the Italian state-owned postal services company Poste Italiane S. p. A. is forecast to be positive, the company CEO Massimo Sarmi said on August 23, 2004 at a meeting in Rimini, central Italy.

Poste Italiane balance sheets for 2002 and 2003 were also positive, Sarmi said. Currently the company carries out between 15 million and 16 million electronic transactions daily. After signing an agreement with U. S. software developer Microsoft, Poste Italiane will improve and modernise its offices in the course of one year.

Poste Italiane economic plan envisages the investment of 800 mln euro (USD983. 7 mln) annually for technical innovations. Currently the company employs 153, 000.

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Poste Italiane 2004 balance expected to be positive

The CEO of Poste Italiane s.p.a, Massimo Sarni speaking in Rimini during a debate at Rimini’s meeting of Comunione and Liberazione movement said that after 2002 and 2003 the balance of the Italian mail service would be positive also in 2004. According to Sarmi “with 15 or 16 million of electronic transactions per day and after the deal with Microsoft the Italian mail service is bettering the level of modernity of its structures and offices. The company would be the first information network of Italy very soon. The Italian mail services spends 800 million euro per year in resources for ameliorating its offices, customer services and call centres. The Italian mail service has 153,000 employees and is training them. There are 3,000,000 days of training per year with the goal to extend them to the 40,000 postmen of the company.

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Italy, Cagliari Post Officers strike Aug 27 – Sept 25

Employees of post offices in the southern Italian province of Cagliari will go on strike from August 27 to September 25, 2004.

The staff at the post offices will do no overtime or additional duties and will be particularly strict to close the offices on the spot at the end of the officially announced working hours. Cagliari post officers are protesting against the insufficient post office staff, the low overtime payments and the high number of accumulated holidays, 60 days on average for each employee.

The post officers who will go on strike are members of Italian sector trade unions Slc Cgil, Slp Cisl, Uil Post, Sailp Failp and Rsu.

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Poste Italiane Ready for Privatisation, Listing End-2004

Italian state-owned postal services company Poste Italiane SpA will be ready for privatisation and listing on the stock exchange at the end of 2004, the CEO of Poste Italiane, Massimo Sarmi, said on August 6, 2004.

Poste Italiane is developing according to the expectations, and all the objectives, included in the the industrial plan, have been already achieved, Sarmi said.

According to Sarmi, although the company is ready for listing on the stock exchange, Poste Italiane will need between 12 and 18 months to prepare its initial public offering (IPO).

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