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 capital. PKP Cargo is part of the PKP Group, the largest railway freight carrier in Poland and  the second biggest in the EU.