Tag: PKP

PKP Cargo Faces Market Share Drop: Urgent Restructuring and Strategic Overhaul Required for Future Growth

In 2012, PKP CARGO Group – the national leader in rail freight transport – had a share of 50.4% based on the weight of...

CPK Construction is set to begin in 2026. The Challenge will be the Cumulation of Large Investments at One Time

Intensive work is underway on projects for the terminal and operational part of the new central airport. The CPK company is also focusing on...

Alan Beroud – CEO of PKP S.A. has become the Vice Chairman of CER

On 23 September, Dr. Alan Beroud - CEO of PKP S.A. and PKP Group, was elected by the General Assembly of the Community of...

PKP CARGO provides protective programs for workers in the railway industry

As part of protective measures in the restructuring process, the management board of PKP CARGO has already signed 8 letters of intent to ensure...

PKP CARGO Management Announces Group Layoffs as Part of Restructuring, Affecting up to 30% of Workforce

The Management Board of PKP CARGO has made a decision to implement group layoffs across its branches and headquarters. This is part of the...

PKP Cargo: Over 81% of Employees Unionized Amidst Ongoing Restructuring Challenges

The Polish company, PKP Cargo, has a very high level of unionization. Over 81% of employees are members of trade unions. The company employs...

PKP CARGO is preparing further notifications to the prosecutor’s office

On August 1, 2024, the Warsaw District Prosecutor's Office initiated an investigation over the failure to fulfill obligations and misuse of delegated powers by...

PKP CARGO Undergoes Major Restructuring: Job Cuts, Asset Sales to Ensure Survival

The board of PKP CARGO S.A. has undertaken a difficult process of restructuring, which encompasses all areas of PKP CARGO S.A.’s operations. Corrective actions...

Rail Carriers Seek Reduction in Railway Infrastructure Access Fees to Compete with Road Freight Transport

The Association of Independent Railway Carriers has proposed to the Ministry of Infrastructure a gradual, five-year reduction of railway track access fees by half....

Record Revenues for the GPW Capital Group in the First Quarter of 2024

In the first quarter of 2024, the Warsaw Stock Exchange Capital Group achieved record sales revenues of PLN 118.2 million, an increase of 5.3%...

Polish Infrastructure Poised for Acceleration: EU Funds Unlock Major Investments

In the coming years, the Polish economy is expected to experience an acceleration in the implementation of infrastructure investments. This is linked to the...

Rail Industry Races Against Time to Absorb EU Funds

Companies from various segments of the railway market are eagerly waiting for the money from the National Recovery Plan to finally hit the market....

Polish Railway Construction Awaits Revival with EU Funds and New Tenders

Railway construction companies are in a financial slump after a two-year period of almost no new contracts. "This year will certainly be better than...

Private Equity Pullback in Poland: High Costs, Geopolitics Dampen Deals, But Optimism Emerges for 2024

The number of takeovers involving private equity funds dropped by over 20% in Poland in 2023, according to analysis by Bain & Company. This...
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