{"id":89483,"date":"2024-07-18T23:58:34","date_gmt":"2024-07-18T13:58:34","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=54593"},"modified":"2024-07-18T23:58:34","modified_gmt":"2024-07-18T13:58:34","slug":"polish-minister-pkp-cargo-has-no-right-to-go-bankrupt","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=89483","title":{"rendered":"Polish minister: \u201cPKP Cargo has no right to go bankrupt\u201d"},"content":{"rendered":"

The Polish infrastructure minister, Dariusz Klimczak, maintained that PKP Cargo will not go bankrupt. The company is \u201ctoo important\u201d, he says. The minister already sees improvements at the company.<\/strong>
\n<\/span>\u201cI would like to reassure all those who are worried about the PKP Cargo company. The company has no right to go bankrupt and will not go bankrupt. It is too important, the legal conditions do not allow for such a situation to occur. Quite the opposite, the company is on the right track\u201d, Klimczak said.<\/p>\n

The minister also stated that the company is on the right track. It has started a restructuring procedure to alleviate the financial crisis<\/a> it finds itself in. Much like the new supervisory board of the company, the minister seems to blame bad management for the company\u2019s dire situation.<\/p>\n

\u201cI wish PKP Cargo to be in the same financial condition as PKP Intercity. This company simply needs to be managed very well\u201d, Klimczak said. PKP Intercity provides long-distance passenger transportation, and is financially performing better than PKP Cargo.<\/p>\n