|Type||Società per Azioni|
|Key people||Giovanni Ialongo (Chairman)
Massimo Sarmi (CEO & Managing Director)
|Services||Letter post, parcel service, EMS, delivery, freight forwarding, third-party logistics, deposit accounts|
|Revenue||€24 billion (2012)|
|Net income||€1.03 billion (2012)|
|Owner(s)||Ministry of Economy and Finance (65%)
Cassa Depositi e Prestiti (35%)
Poste italiane S.p.A., formerly a state-owned monopoly, after 1998 is a public company with total Italian government control: the only shareholder is the Italian Ministry of Economy and Finance. It is the biggest postal service of Italy, headquartered in Rome.
The group offers a wide range of postal products, from express mail services to a broad selection of financial products.
Gruppo Poste italiane subsidiaries includes: SDA Express Courier which provides express mail and package delivery; Postecom managing Internet services; BancoPosta Fondi offering life insurance and investment solution, Postel offering hybrid electronic mail and document processing and PosteMobile, a mobile virtual network operator.
Inheriting the setting of "Poste di Sardegna" - matching service of the Kingdom of Sardinia - after the unification of Italy mails inglobarono companies postal service of the kingdoms annexed and formed an organization with national law May 5, 1862 n. 604 (the so-called postal reform). With this rule the stakes were organized as a central administration of the state. The rule of 1862 picked up and adjusted the material, especially the methods of collection, sorting, transport and delivery of postal items and the establishment of ancillary services for registered and insured, return receipts and money orders.
Subsequently, with the Royal Decree n March 10, 1889. 5973, the Directorate General of Posts and Telegraphs is separated from the Ministry of Public Works and is thus transformed into the Ministry of Posts and Telegraphs, in charge of providing Italy with a network of offices to forward and receive mail, also telegraph, make and receive telephone calls and carry out financial transactions and asset management, also for a time worked as branch offices for the nascent electric services.
In 1917 he founded the service giro (which since 2000, will commonly known as BancoPosta) For a few years the Royal Mail They arranged also the opening of Italian post offices abroad.
In 1924, during the Fascist period, the Ministry of Posts and Telegraphs (who invented the abbreviation "PT") was transformed into the Ministry of Communications and became an important center of power, even for its ability to control its citizens, to put service of the complaint. The service network was expanded with the acquisition and implementation of new logistics facilities. New buildings in the functionalist style, were built in the major provincial capitals (e.g. Palermo, Forlì, Italy, La Spezia).
With the development of telephony and radio, the ministry incorporated the State Company for telephone services (ASST) and the nascent EIAR (RAI future, only the first radio, then television).
In the early 1990s Italian public administration and postal service were deemed irrecoverable from the principles of efficiency and profitability. The budget deficit was endemic as the increase in personnel costs, which in 1986 absorbed about 93% (including 16% for pensions) of current revenue. Productivity per employee from 1970 to 1985 was reduced by 24% at the expense of the quality of services provided by generating a deficit situation even more critical.
In 1994 in Germany about 80% of mail was delivered within the day after dispatch, while in Italy it was at an altitude of less than 20% ( in 1989 the average time for mail delivery was 8.5 days).
The obvious gap in the quality of Italian postal services compared to the rest of Europe tried embankment with an intervention of reform under Decree-Law n . 487 of 1 December 1993, converted by Law no. 71 of 29 January 1994 led to a transformation of the Italian Post Office by an independent company to a public business, by providing an additional step in SpA by 1996 (implemented after February 28, 1998 ) . The transformation process was assumed in the management of the Italian Post Office the adoption of the principle of production efficiency, the recovery of the quality of services and the economic and financial recovery .
This led to the gradual reduction of the deficit of 4,500 billion lire in 1993, through policies to reduce production costs (80% of which was due to staff), an increase in revenues from the sale of services to the PA, a reordering of the tariff system, reaching in 2001 a net profit.
In February 1998 the Ministry of the Treasury ( The Prodi government ) appointed Corrado Passera, CEO of the newly formed Italian Poste SpA. The business plan of Corrado Passera 1998 to 2002 created a cutting staff of 22,000 units. On the other hand, according to some trade union leaders, there has been a casualization of contracts for new recruits, cases of widespread harassment and resignation to the super- workload, because of an excess of staff cuts that would have pushed miss even proportions of the workforce necessary .
From the point of view, the Solidarity Fund has been in long-term savings on labor costs as well as lowering the average age of the staff. For 10 years, a state fee and a deduction in payroll for new employees have funded the last two years of missing contribution to the early retirement of thousands of employees. The transaction, at no cost to the company, has replaced these outputs with staff under 24 years old with three-year contracts of apprenticeship.
In 2000, a 20% stake in the share capital of the company Bartolini was acquired by the Italian Post Office through its subsidiary, SDA Express Courier, resulting in the formation of the Consortium, Logistics and Parcels between the three companies for the sorting of parcels throughout the country. This agreement was also the subject of a challenge by the rival companies in court, but it ended in favor of the consortium.
Poste Italiane has also adopted a system of control rooms can monitor in real time the post office, the logistics network and security of digital communications and transactions, an area in which he also works with governing bodies national, international agencies and universities and research centers . Of particular importance have acquired in these years of the financial products and services, first of all the Postepay prepaid card : Introduced in late 2003, Postepay has gained soon a success, especially among the young, conquering and maintaining the first position at European level between the pre-paid cards .
On May 16, 2014 the Italian government approved to sell stakes of up to 40 percent in Poste Italiane.
- "Annual Report 2012". Poste Italiane.
- UPDATE 1-Italy approves sale plans for post office, air traffic control
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