Cargotor, the member of Polish state-owned PKP Group which manages the infrastructure and terminal at the Małaszewicze border crossing, will move from PKP Cargo to PKP PLK. The two sister companies finalised a deal for the transfer of Cargtor for 28,8 million PLN (6,8 million euros).
“The parties intend to finalise the transaction by the end of the first quarter of 2026”, PKP Cargo specified in a note. This initiative, part of the larger restructuring implemented by PKP Cargo, has been in the works for almost three years, with the first green light provided already in January 2023.
What changes?
What this means in reality is that Cargotor will soon join the family of infrastructure managers within the PKP group rather than being part of the rail freight operator. In other words, the management of the infrastructure in and around Małaszewicze (the main entry point to Europe for rail freight coming from China) will now be a task for PKP PLK, which already manages most of the infrastructure in Poland.
For PKP Cargo, this means more needed liquidity to continue its restructuring process started in 2022 to return to profitability after years of mismanagement. This “step confirms the company’s ability to implement the planned activities within the assumed deadlines”, the rail freight operator added.