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…
Category: Marcin Wojewódka
‘Our situation is worse than I thought’, says PKP Cargo President
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…