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Overview
Poste Italiane SPA (SocietΓ 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 β¬12.5 billion and a net profit of β¬1.5 billion.
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