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Poste Italiane SPA
Poste Italiane SPA

Financial services / Postal Services and Financial Services

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Company Overview

General information about the Poste Italiane SPA company

Poste Italiane SPA (Società per Azioni) is the Italian postal service company, founded in 1862. It is headquartered in Rome and is currently owned by the Italian government, with the Ministry of Economy and Finance as its majority shareholder.
Poste Italiane provides a wide range of postal and financial services, including post office services, logistics and express delivery, banking and insurance. It is one of the largest employers in Italy with over 130,000 employees and operates its services through a network of over 12,700 post offices.
The company also has a significant presence in the European market, with operations in several countries including Germany, France, Belgium, and the UK. It is also expanding its services globally through partnerships and joint ventures, particularly in the e-commerce and digital payments sector.
In recent years, Poste Italiane has undergone a significant transformation in order to modernize its operations and keep up with the changing demands of the digital age. It has invested in new technologies and services, such as digital post, online banking, and mobile services, to improve customer experience and increase efficiency.
Poste Italiane is listed on the Milan Stock Exchange and is a constituent of the FTSE MIB index, the benchmark stock market index for the Italian stock exchange. In 2019, it reported a total revenue of €12.5 billion and a net profit of €1.5 billion.
What is special about the Poste Italiane SPA company?
1. Oldest Postal Service in Italy: Poste Italiane SPA was founded in 1862 and has been providing postal services for over 150 years. It is the oldest and largest postal service provider in Italy.
2. Government-owned Company: Poste Italiane is wholly owned by the Italian government and operates under the supervision of the Ministry of Economy and Finance. This means that the company plays a vital role in the country's economy and national infrastructure.
3. Diversified Portfolio of Services: In addition to traditional postal services, Poste Italiane offers a wide range of financial and insurance services through its banking and insurance subsidiaries. It also provides logistics and electronic communications services, making it a comprehensive service provider.
4. Extensive Network: The company has a vast network of over 13,000 post offices and 26,000 postal agencies, making it one of the largest distribution networks in Italy. This enables the company to reach every corner of the country, making it a crucial service provider for Italian citizens.
5. Social and Environmental Responsibility: Poste Italiane is committed to sustainable development and has implemented various initiatives to reduce its environmental impact. It has also launched several projects to support social integration and promote cultural and educational initiatives.
6. Innovative Technology: The company has invested heavily in technology to modernize its services and improve efficiency. It offers various digital services, such as online postal and financial transactions, mobile apps, and e-commerce solutions.
7. Partnership with International Companies: Poste Italiane has established strategic partnerships with international companies, such as China Post, Deutsche Post, and UPS, to offer cross-border postal and logistics services.
8. Financial Performance: Despite the challenges posed by digitalization, Poste Italiane has consistently performed well financially. In 2019, it reported a revenue of 11.8 billion euros and a net profit of 1.3 billion euros.
9. Strong Customer Base: Poste Italiane has a loyal customer base, with over 35 million customers using its postal, financial, and insurance services. This makes it one of the most trusted and reputable companies in Italy.
10. Social Impact: Apart from its economic impact, Poste Italiane also has a significant social impact. It provides employment opportunities to over 140,000 people and supports the growth and development of local communities through its various initiatives.

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