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PKP Cargo board resigns amid loss of restructuring control
Original: PKP Cargo loses control over restructuring management: Board resigns http:// dlvr.it/TVn8v5 # Business # News # PKP # PK
The board of PKP Cargo, Poland's largest rail freight operator, has resigned after the company lost control over the management of its restructuring process. The mass resignation marks a new turn in the carrier's financial crisis and raises questions about who will steer the restructuring and secure the company's future. Polish business observers are closely watching developments at the troubled state-linked operator.
Why now: The sudden board resignation at a major Polish rail freight company in financial distress is significant news for Poland's transport sector.
Evidence
- PKP Cargo loses control over restructuring management: Board resigns http:// dlvr.it/TVn8v5 # Business # News # PKP # PKPCargo · railpage · 1
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