Polish state-owned operator PKP Cargo appears unable to pay “July’s salaries, retirement severance pays and jubilee bonuses” to a group of “several hundred employees”. The…
The District Prosecutor’s Office in Warsaw, Poland, will “initiate an investigation into failure to fulfill incumbent obligations and abuse of granted powers by persons obliged…
The Polish state-owned rail freight operator PKP Cargo has recently started restructuring proceedings to get out of a drastically negative financial position. The whole process…
The District Court for the Capital City of Warsaw officially opened restructuring proceedings for PKP Cargo. The company stated that a massive restructuring through cost…
Polish state rail freight operator PKP Cargo is appealing to the government for financial compensation. The company finds itself in troubled waters financially, which it…
The Polish infrastructure minister, Dariusz Klimczak, maintained that PKP Cargo will not go bankrupt. The company is “too important”, he says. The minister already sees…
Rail freight in Poland has not had a great start of the year. The country’s statistics agency published numbers showing that freight volumes decreased by…
The Polish national rail freight operator PKP Cargo is currently in a desperate financial situation. The company’s Management Board has now decided to fire 30…
The Polish national rail freight operator PKP Cargo is currently in a desperate financial situation. The company’s Management Board has now decided to fire 30…