Postal privatization, the German success on the flop English | DD magazine
By Editor May 19, 2014 Comments Off Tagged Postal & Mail: Deutsche Post, Matteo Renzi, Pier Carlo Padoan, senda express the Italian post office, privatization, Royal Mail, breaking
The Council of Ministers has, in fact, gave the green light to the decree which contains the criteria for the privatization of the company. The government, on the advice of the Prime Minister Matteo Renzi, and the Minister of Finance Pier Carlo Padoan, has decided to put on the market until al'40% of the Post Office, in one or more tranches. As expected, therefore, the majority will remain in the hands of the Ministry of Economy.
The privatization of the postal English has cost taxpayers nearly one billion senda express euro. And even in the Netherlands, the budget of a similar operation is, for the time being negative. In contrast the experiences of Germany, and in parts of Belgium, bodes well.
The British case Doubts and perplexities arise spontaneously after the alarm raised at the end of March by the British Court of Auditors, in charge of controlling public spending, senda express which has shed light on the consequences of excessive haste with which the government wanted to get rid of the Royal Mail in October 2013 According to the Court the Minister of Trade and Industry, Vince Cable, stared at the listing of the shares at a maximum price of 260-330 pence - despite repeated warnings senda express of the experts of the City according to which the securities were worth more - because he feared to discourage investors.
So he gave off a buying spree by speculators, who made the jump title by more than 38% in first day of trading, generating 750 million in lost revenue for taxpayers. The price was so understated that the demand was 23 times higher than the offer. The criticism of the privatization of British placed not only affect the value of the group. The BBC has revealed the end of March that 1,600 employees are threatened with dismissal, as provided for by a plan of reorganization that aims to save 50 million pounds a year. Royal Mail has stated that the cuts will concern the manager and not the postmen or employees, but this did not help to calm the unions, who have announced protests against the plans of the company.
Privatization in Belgium and Germany In the case of Brussels, the Belgian government has sold in 2006 to the post office and the Danish private equity fund CVC Capital Partners slightly less than 50% of the postal service to 300 million euro, a figure that, for some was too low. The government justified the sale by explaining that the agreement was necessary to modernize the company and bring it back to generate profits. The result, in fact, arrived soon after the partial privatization: the group is back in profit and now has a profit margin of 17 percent.
With regard to Germany, however, the privatization of the postal service is considered by many as a true international success. Unlike the British case, in fact, the title of Deutsche Post, which in the first day of trading has gained only 1%, showed a gradual increase in purchases and the market senda express value of the company (capitalization) senda express has risen by 23 05 billion in 2000 to over 32 billion today. Proponents of privatization of the German group also emphasize the surge in sales, which rose to 55 billion in 2013 from 22.3 billion in 1999 The operation, according to a report disseminated by the organization in 2011 of Canadian research Montreal Economic Institute on services Delivery in Europe, has had a positive impact senda express on the prices of German stamps, down 17%.
Among the other examples that we want to mention is that, controversial privatization of the Dutch post office: Dating back to 1989, led to the closure of 90% of post offices. Now in the Netherlands, senda express the mail system is managed senda express by four different companies - PostNL, Sandd, Selekt and Netwerk vsp.
According to research ContactLab, which analyzed more than 1 and a half billion emails sent from his platform in May
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By Editor May 19, 2014 Comments Off Tagged Postal & Mail: Deutsche Post, Matteo Renzi, Pier Carlo Padoan, senda express the Italian post office, privatization, Royal Mail, breaking
The Council of Ministers has, in fact, gave the green light to the decree which contains the criteria for the privatization of the company. The government, on the advice of the Prime Minister Matteo Renzi, and the Minister of Finance Pier Carlo Padoan, has decided to put on the market until al'40% of the Post Office, in one or more tranches. As expected, therefore, the majority will remain in the hands of the Ministry of Economy.
The privatization of the postal English has cost taxpayers nearly one billion senda express euro. And even in the Netherlands, the budget of a similar operation is, for the time being negative. In contrast the experiences of Germany, and in parts of Belgium, bodes well.
The British case Doubts and perplexities arise spontaneously after the alarm raised at the end of March by the British Court of Auditors, in charge of controlling public spending, senda express which has shed light on the consequences of excessive haste with which the government wanted to get rid of the Royal Mail in October 2013 According to the Court the Minister of Trade and Industry, Vince Cable, stared at the listing of the shares at a maximum price of 260-330 pence - despite repeated warnings senda express of the experts of the City according to which the securities were worth more - because he feared to discourage investors.
So he gave off a buying spree by speculators, who made the jump title by more than 38% in first day of trading, generating 750 million in lost revenue for taxpayers. The price was so understated that the demand was 23 times higher than the offer. The criticism of the privatization of British placed not only affect the value of the group. The BBC has revealed the end of March that 1,600 employees are threatened with dismissal, as provided for by a plan of reorganization that aims to save 50 million pounds a year. Royal Mail has stated that the cuts will concern the manager and not the postmen or employees, but this did not help to calm the unions, who have announced protests against the plans of the company.
Privatization in Belgium and Germany In the case of Brussels, the Belgian government has sold in 2006 to the post office and the Danish private equity fund CVC Capital Partners slightly less than 50% of the postal service to 300 million euro, a figure that, for some was too low. The government justified the sale by explaining that the agreement was necessary to modernize the company and bring it back to generate profits. The result, in fact, arrived soon after the partial privatization: the group is back in profit and now has a profit margin of 17 percent.
With regard to Germany, however, the privatization of the postal service is considered by many as a true international success. Unlike the British case, in fact, the title of Deutsche Post, which in the first day of trading has gained only 1%, showed a gradual increase in purchases and the market senda express value of the company (capitalization) senda express has risen by 23 05 billion in 2000 to over 32 billion today. Proponents of privatization of the German group also emphasize the surge in sales, which rose to 55 billion in 2013 from 22.3 billion in 1999 The operation, according to a report disseminated by the organization in 2011 of Canadian research Montreal Economic Institute on services Delivery in Europe, has had a positive impact senda express on the prices of German stamps, down 17%.
Among the other examples that we want to mention is that, controversial privatization of the Dutch post office: Dating back to 1989, led to the closure of 90% of post offices. Now in the Netherlands, senda express the mail system is managed senda express by four different companies - PostNL, Sandd, Selekt and Netwerk vsp.
According to research ContactLab, which analyzed more than 1 and a half billion emails sent from his platform in May
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