Rough ride for PKP Cargo?
Analysts say this might be due to the troubles of one of PKP's subsidiaries, possibly Cargo. "At a point when the company is in negotiations to buy a German carrier (RBH), revealing negative data would seriously undermine its negotiating position," said Henryk Klimkiewicz, president of the Railway Business Forum advisors team. Cargo is unable to regain about zł.170-180 million from its debtors. (Poland A.M.)