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So that the Bari printing press can cope: an extension in the postal privatization process - voila! money

2023-12-07T08:08:16.194Z

Highlights: The State Stock Sale Committee decided to grant an extension in the tender for the post office. The decision was made in light of the request of the Bari printing press, which had been severely damaged during the war. "The ownership of the Be'eri printing press could be the story of the rebirth of the State of Israel," says Barry Printing CEO Ben Suchman. The first full interview with Suchman will be published this evening on Walla! The post office can provide a livelihood for many people, Suchman says.


Barry Printing CEO: "Our ownership of the post office could be the story of the rebirth of the state. They waited so long with privatization, we can wait another six months."


The destruction at Kibbutz Be'eri. "The post office can provide a livelihood for many people"/Reuven Castro

The State Stock Sale Committee decided to grant an extension in the tender for the post office so that the Bari printing press could compete. The committee, headed by Government Companies Authority Director Michal Rosenbaum and with the participation of representatives of the Government Companies Authority, the Ministry of Finance and an observer on behalf of the Ministry of Communications, decided to grant an extension in opening the information rooms to investors in order to allow Be'eri Printing to continue their bidding process for the purchase of Israel Post, which will be transferred to private hands.

Barry Printing CEO Ben Suchman told Walla! Because "the ownership of the Be'eri printing press could be the story of the rebirth of the State of Israel. This is a historic event. The state got an opportunity to start-up and claim ownership of the entire country. Turning the envelope into the rope of resurrection, which is an important part of the process, can be done using the locomotive of the Bari printing press. The social bank that will be based on the Postal Bank, and the postal company that will provide a livelihood for many people.

"Right now I don't know how to turn this vision into reality, because I don't have the ability and leisure to export strategic plans and bring funding to something so big and complex. Because they waited so many years with the privatization of the postal service, it will be possible to postpone it by another six months." The first full with Suchman will be published this evening.

Barry Press. "There Could Be a Story of Revival"/Reuven Castro

The decision was made in light of the request of the Bari printing press, which had been severely damaged during the war since the outbreak of the war, and following a request that arose in the discussion of the Economy Committee. The committee said that "out of a commitment to continue the privatization process of the postal service, and alongside the need to take into account the Bari printing press in light of the severe disaster that befell them during the war, it was decided to extend the opening of the information rooms until the date set in the decision of the Economy Committee and in order to accept the position of the Competition Authority on the issue of the Bari printing press."

The reason for the Competition Authority's position is that Be'eri Printing is a partner in significant companies in the field – Messer for distributing mail shipments and a partnership in Bar Distribution, which competes with Israel Post.

As part of the decision-making process, representatives of the Companies Authority and the Ministry of Finance toured the Be'eri Press in order to understand the challenges facing the Be'eri Press during this period.

  • More on the subject:
  • Bari Print
  • Israel Post

Source: walla

All business articles on 2023-12-07

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