PKP Cargo

Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52.24 - Cargo handling
1,300 jobs
Number of planned job losses
Job loss
Announcement Date
14 January 2005
Employment effect (start)
Foreseen end date

Description

In the frame of Polish National Railways (PKP) long restructuring process, which includes the reorganization of regional rail services, PKP Cargo, Polish State Railway Cargo, had to reduce operating costs and employment in 2004, due to sustained loss of 67 million zlotys in 2003 and a large drop in number of rail passengers.

Sources

Citation

Eurofound (2005), PKP Cargo, Internal restructuring in Poland, factsheet number 61052, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61052.