PKP Cargo mulls takeover

WSE-listed, state-owned logistics operator PKP Cargo along with the Industry Development Agency ARP are negotiating a potential takeover of insolvent train cars factory Gniewczyna from its Slovak owners,  Both interested parties have ordered an audit and expect the final decision to be made February/March. The Gniewczyna plant was sold by the state in 2001. According to Law and Justice (PiS) MEP Tomasz Poręba, the plant could count on many orders thanks to the large financial outlay for the railway in the current EU financial perspective.