{"id":188226,"date":"2025-03-20T00:21:01","date_gmt":"2025-03-19T14:21:01","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=60837"},"modified":"2025-03-20T00:21:01","modified_gmt":"2025-03-19T14:21:01","slug":"pkp-cargotabor-to-enter-into-restructuring-after-all","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=188226","title":{"rendered":"PKP Cargotabor to enter into restructuring after all"},"content":{"rendered":"

PKP Cargo\u2019s maintenance subsidiary Cargotabor has submitted a restructuring plan to a Warsaw court. PKP Cargo itself has been in restructuring for nearly a year, and Cargotabor initially planned to enter into restructuring in the summer. However, it withdrew its restructuring application, and then changed its mind again.<\/strong>
\n<\/span>As of March 2025, over half a year later, PKP Cargotabor has put together a restructuring plan and is submitting it to a Warsaw court for approval. PKP Cargotabor has fallen into financial trouble after its parent company PKP Cargo went down the same path earlier.<\/p>\n

The numbers of orders faltered, leading to dramatic situations last summer. For example, power was cut off at the majority of its plants. \u201cIn D\u0105browa G\u00f3rnicza, the power was completely cut off. [\u2026] In Tarnowskie G\u00f3ry, on the other hand, due to the power outage, renovations were stopped in one of the two halls\u201d, a trade union representative said in early August. Reportedly, the company did not pay its energy bills.<\/p>\n

PKP Cargotabor was also planning to fire employees, which found out about the news in the media. There were reports that employees could not stand the pressure amid PKP\u2019s financial trouble and started leaving the company on their own.<\/p>\n