Railway firms may save LOT

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The Polish government is considering a merger of PLL LOT with PKP Intercity or PKP Cargo, according to Rzeczpospolita daily.

“The merger of PLL LOT and one of the railway companies is the idea of the State Treasury as an solution to save the carrier,” the daily informed, and added that funding LOT by the railway sector is also on the table. LOT’s net loss last year is estimated to reach PLN 250 million.

The ministry did not confirmed the news, however it did admit that LOT needs money. PKP Cargo denied it.



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