Three options for troubled regional railway

Poland’s Ministry of Infrastructure and Development has three options initially planned for passenger railway firm Przewozy Regionalne, now co-owned by Polish voivodships, reports Rzeczpospolita. One of the options sees the troubled railway firm going bankrupt. “This scenario is however hardly likely, because of social and political conditions,” Deputy Minister Zbigniew Klepacki told the daily. Another option is for the Industrial Development Agency (ARP) or “another restructuring entity” to acquire the company’s shares in exchange for a PLN 750 million cash injection. The third idea is to divide Przewozy between the voivodship authorities that own it. In this case, the state would only provide money to cover the firm’s debt.