Home » today » World » The administration board of PKP Cargo submitted an software to the court docket to open restructuring proceedings

The administration board of PKP Cargo submitted an software to the court docket to open restructuring proceedings

“The appliance is primarily supposed to enhance the monetary and liquidity state of affairs of the Firm and to present hope of sustaining hundreds of jobs. The choice to submit the appliance was made by the Administration Board with one of the best pursuits of the Firm, its staff and shareholders in thoughts,” it was written in a press launch.

Important monetary state of affairs at PKP Cargo

PKP Cargo is sending its staff to the so-called non-performance of labor from 1 June. In the end, it’s to cowl as much as 30 p.c of staff, i.e. 4.15 thousand folks. A few of the employees can also be to be transferred to Polregio. The businesses have already signed a letter of intent on this matter. Commerce unionists are dissatisfied with the actions taken by the corporate’s administration and are threatening to protest. They’re additionally interesting to Donald Tusk’s authorities for assist.

Former administration and supervisory board of PKP Cargo with out discharge

The extraordinary common assembly of PKP Cargo didn’t grant discharge to 5 individuals from the service’s prime administration from the duties they carried out in 2023. The discharge was not obtained by former president Dariusz Seliga and former members of the administration board: Zenon Kozendra, Maciej Jankiewicz, Marek Olkiewicz and Jacek Rutkowski. Nevertheless, discharge was voted in relation to all 11 members of the supervisory board.

The performing president of PKP Cargo, Marcin Wojewódka, introduced that he would notify the prosecutor’s workplace in regards to the earlier administration board performing to the detriment of the corporate.

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Restructuring (therapeutic) proceedings are the alternative of chapter, the corporate emphasizes in a press release. The proceedings are geared toward saving the corporate and restoring its long-term liquidity and competitiveness, whereas sustaining as many wanted jobs as potential, assures the administration board.

PKP Cargo Administration Board: restructuring proceedings might save the corporate and jobs

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