Tag: Poste Italiane

Postal transformation, Italian style

In the late 1990s, the Italian post office found itself in a situation that many of its European counterparts knew all too well: The Internet and private couriers had transformed many postal activities into fully contestable markets. To make matters worse, the quality of Italian postal services was poor, public confidence in mail had suffered, and operating losses were nothing unusual.

If the post office was to remain an important part of Italy’s – and Europe’s – economic and communications landscape, a radical transformation clearly would be needed. Cost-cutting alone wouldn’t be enough. The quality, scope and cost-efficiency of mailing services had to improve.

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Poste Italiane invests EUR400m in digital platform

Italian state-owned postal service provider Poste Italiane has invested some EUR400m (USD495.8m) in technical innovation, the company said on July 10, 2004. Poste Italiane will use the investment for the construction of a new digital terrestrial platform for service integration, for employees training and for introducing e-commerce.

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Poste Italiane CEO unaware of CDP plans to raise stake

The CEO of Italian state-owned postal services company Poste Italiane SpA, Massimo Sarmi, said he knew nothing of any plans of local non-bank credit institution Cassa Depositi e Prestiti SpA (CDP) to acquire another stake in Poste Italiane.

A representative of CDP took part in Poste Italiane’s board of directors’ meeting on May 3, 2004, and no such plans were talked of, Sarmi added. Sarmi was asked if he knew of any plans of Cassa Depositi e Prestiti to raise its current 35 pct stake in Poste Italiane at a news conference on May 4, 2004.

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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.

 

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