Regio rail plan unveiled by Minister Wasiak

  Minister of Infrastructure and Regional Development Maria Wasiak has presented a plan for the future of the Regional Railways (Przewozy Regionalne). The rail carrier is deep in debt and this is for close to PLN 600 million, reported IAR. The company's strategic investor is to become the Industrial Development Agency JSC. The current owners of the railways, regional governments, have to green light the sale of shares to IDA JSC. After the sale goes through, restructurization is imminent. Labor unions are willing to compromise if workers are given a security package.