Locked content PKP Cargo joins Technology Transfer Platform

Freight rail operator PKP Cargo has joined the Technology Transfer Platform, which was launched by The Industrial Development Agency (ARP) in May to support cooperation between innovation creators and recipients. PKP Cargo will seek solutions related to the management, monitoring and protection of r...

Locked content PKP Cargo to buy locomotives from Siemens

State-controlled PKP Cargo will purchase 15 multi-system locomotives from German Siemens for PLN 315 million, Puls Biznesu daily reported. According to the daily, the Polish company may order additional five vehicles valued at PLN 110 million. First delivery is scheduled for January 2016. Polish New...

Locked content PKP Cargo offers PLN 200 wage hike

Rail freight company PKP Cargo has offered to increase monthly wages of all its workers by PLN 200, which is stated as their final offer, management board member Jacek Neska told PAP. “That offer expends the firm’s capital at the moment,” Neska said. In a  late-August referendum, e...

Locked content PKP Cargo net profits at PLN 156.23 mln

PKP Cargo recorded a net profit of PLN 156.23 million in H1 2015, compared with PLN 126.74 million in H1 2014, the company said in a report. The company’s operating profit amounted to PLN 163.09 million, versus PLN 163.95 in the same period last year. Sales revenues totaled PLN 2.062 billion i...

Locked content PKP Cargo liquidates AWT Rail subsidiary

Rail freight company PKP Cargo said it is taking steps towards liquidating its subsidiary AWT Rail as part of a restructuring process. The company said that AWT Rail PL doesn’t carry out primary operations. It is owned by AWT B.V, the company in which PKP Cargo has a 80 stake in its share capi...

Polish firm buys 20% share in largest Croatian port

OT Logistics has bought a fifth (2.81 million shares) of Luka Rijeka, a Croatian port on the Adriatic Sea. OT Logistic’s boss, Zbigniew Nowik, said that the deal offers a great opportunity to open up a Baltic-Adriatic trade route. OT is the owner of Port Gdynia and Port Świnoujście on the Balt...

Locked content PKP Cargo headquarters occupied, rail union foresees strike

Workers at PKP Cargo would like to have a share of the pie in the company’s earnings. They are calling for a wage increase and threatening the management with a general strike at the company. Solidarność labor union representative, Henryk Grymel, has announced a strike referendum which is due ...

Locked content PKP Cargo moves its offices to Katowice

Rail freight company PKP Cargo informed that it is moving some of its  Kraków and Warsaw  offices to Katowice in autumn of this year. An office complex on ul. Francuska in Katowice will host the headquarters of the Zakład Południowy PKP Cargo and other company units scattered currently on the territ...

Locked content Voluntary layoffs bring PKP Cargo PLN 120 mln in savings

Rail freight company PKP Cargo said that the number of workers who applied for the voluntary layoff scheme exceeded thrice the expectations and the company’s aggregate savings will reach PLN 120 million this year. “In total, as many as 4,000 workers left the job under the program in 2015...