PKN Orlen wants to get rid of its railway business

Polish major Polish refiner and petrol retailer, PKN Orlen is looking for a company interested in buying its railway subsidiary Orlen KolTrans, Puls Biznesu daily informed. A state-controlled PKP Cargo and an independent rail cargo operator CTL are to be among the potentials buyers. Orlen KolTrans has a one percent of share in Polish cargo transportation market, but it has been running a business in the Czech Republic as well. "PKP Cargo appears to be the most likely buyer...because it is very interested in expanding its business to the Czech and Slovak markets," Adrian Furgalski, the deputy CEO of a consulting copmany Zespół Doradców Gospodarczych TOR predicts.