‘Our situation is worse than I thought’, says PKP Cargo President

Image: Shutterstock. MOZCO Mateusz Szymanski

The Polish state-owned rail operator, PKP Cargo, might be nearing the end of its life due to years of mismanagement and the inability to adapt to a changing market. The current Acting President of the company, Marcin Wojewódka, said that the situation is worse than expected, with both volumes and share values dropping significantly and a budget hole of 1,17 billion euros (5 billion PLN).

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Author: Marco Raimondi

Marco Raimondi is an editor of RailFreight.com, the online magazine for rail freight professionals.

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‘Our situation is worse than I thought’, says PKP Cargo President | RailFreight.com

‘Our situation is worse than I thought’, says PKP Cargo President

Image: Shutterstock. MOZCO Mateusz Szymanski

The Polish state-owned rail operator, PKP Cargo, might be nearing the end of its life due to years of mismanagement and the inability to adapt to a changing market. The current Acting President of the company, Marcin Wojewódka, said that the situation is worse than expected, with both volumes and share values dropping significantly and a budget hole of 1,17 billion euros (5 billion PLN).

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Tags: , , , ,

Author: Marco Raimondi

Marco Raimondi is an editor of RailFreight.com, the online magazine for rail freight professionals.

E-mail

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