Rolling Cuts — PKP Cargotabor Shuts Depots in Radical Restructuring Push

PKP Cargotabor sp. z o.o., a subsidiary of PKP Cargo responsible for managing its rolling stock, is intensifying its restructuring efforts by shutting down several maintenance divisions.

As part of the ongoing restructuring process overseen by the courts, Cargotabor has closed multiple rolling stock maintenance sections, consolidating operations into fewer locations across Poland.

The closures primarily affect maintenance sections in Gdynia, Olsztyn, Szczecin, and Silesian Jaworzyna, with their functions being absorbed by other branches located in Tczew, Toruń, Gorzów Wielkopolski, and Kluczbork. The company is concentrating its rolling stock servicing activities to increase operational efficiency and reduce costs amid a broader financial overhaul.

Spółka PKP Cargotabor złożyła wniosek o ogłoszenie upadłości//t.co/zeXp6mRKbf

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Despite these closures, PKP Cargotabor continues to operate key repair facilities in several strategic regions across Poland. The most significant workshops are located in Tarnowskie Góry (Silesian Voivodeship), Zduńska Wola (Łódź Voivodeship), Ostrów Wielkopolski (Greater Poland Voivodeship), and Czerwieńsk (Lubusz Voivodeship).

A Restructuring Strategy Aiming for Stability

The restructuring strategy involves downsizing to a total of 12 rolling stock maintenance sections, selling off assets deemed surplus to core operations, and diversifying revenue sources by expanding services to clients beyond the PKP Cargo group. The company aims to broaden its customer base, offering specialised services to external rail freight operators, public entities, and private sector clients.

In addition to internal changes, PKP Cargotabor is also exploring external financial solutions. The company does not rule out attracting new investors, increasing its share capital, or even selling parts of the business if such steps prove to be economically advantageous and align with creditor interests.

PKP Cargotabor has already implemented workforce reductions as part of its restructuring efforts and is currently negotiating new debt restructuring agreements with selected creditors. These measures aim to secure long-term stability for the company, which remains under significant financial pressure along with its parent company PKP Cargo.