Long the butt of jokes by Italians waiting days or weeks for mail, Italy’s state-owned postal service said Tuesday it achieved its first profit in 50 years and reiterated plans to be listed on the stock market in the second half of 2004.
Poste Italiane SpA’s net profit for 2002 was 22 million euros (nearly USD24 million), a sharp contrast from the 74 million euro (USD79 million) loss a year earlier.
Read MoreThe Italian postal service, Poste Italiane, aims for a stock market listing in the second half of 2004 depending on market conditions and plans to expand in Europe and Latin America, CEO Massimo Sarmi has said in an interview.”
Read MoreThe state-owned mail service provider Poste Italiane, plans to expand in the international courier and express postal services sector. From June this year Poste Italiane intends to provide a new express postal service through its courier service SDA Express Courier.
Read MorePromoposta: Total coverage for advertising
and promotional material
Promoposta is a new product from Poste Italiane that allows companies to send advertising, printed material, and samples to all addresses in one or more postal codes. Seguimi: A simple mail forwarding solution for household and
business customers
The Italian post intends to set up a new parcel service over the next three years. The new service will involve the post’s CEP subsidiary SDA, which already offers express and parcel services, providing the actual transport, while collection and delivery will be handled by a network of franchisees
Read More
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.
