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Tag: PKP Cargo

PKP Group Signs Letter of Intent for Rescue Plan for PKP CARGOTABOR

The companies from the PKP Group: PKP S.A., PKP CARGO S.A. in restructuring, PKP CARGOTABOR sp. z o.o. in restructuring, and PKP LHS sp....

PKP Cargo: Restructuring and Shareholder Interests Key for the Company’s Future

PKP Cargo is a company of significant importance from the perspective of Polish national interests. While it is not a state-owned company, PKP Cargo...

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...

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...

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%...

Unions demand changes in the railway sector

Railway companies have been experiencing train drivers' strikes for weeks, with employees demanding primarily higher wages, among other issues. "- The issues of rail...

PKP Cargo Wage Dispute Still Unresolved, Strike Looms. Similar Scenario Possible at Other Companies in March

"We are in the mediation stage, but it is not moving towards resolving the wage dispute. We are also after a warning strike, which...
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