CZ/SK verze

Tag: restructuring

ČD Cargo CEO Tomáš Tóth Resigns Amid Ongoing Restructuring and Sector Crisis

ČD Cargo CEO Tomáš Tóth Resigns Amid Ongoing Restructuring and Sector Crisis

In the Czech Republic, the Board of Directors of České dráhy, a.s., acting as the General Meeting of ČD Cargo, a.s., has accepted the resignation of Tomáš Tóth from his position as Chairman of the Board and Chief Executive Officer of ČD Cargo, a.s., citing serious personal reasons. The resignation will take effect on 31 October…

10 / 10 / 2025
Business
Red Lines For Red Wagons: DB Cargo’s September Flashpoint Over Jobs, Wagonload Cuts And Brussels’ Conditions

Red Lines For Red Wagons: DB Cargo’s September Flashpoint Over Jobs, Wagonload Cuts And Brussels’ Conditions

A showdown is building around DB Cargo’s overhaul as unions mobilise, politicians posture, and single-wagonload…

26 / 08 / 2025
Freight
From Dismissal to Comeback? Waclawik in Talks to Rejoin ČD Cargo

From Dismissal to Comeback? Waclawik in Talks to Rejoin ČD Cargo

According to market sources, Zbyszek Waclawik is expected to soon return to the leadership of ČD Cargo,…

22 / 07 / 2025
Business
The Fall of a Titan: PKP Cargo’s Sharp Decline Sparks Political Feud

The Fall of a Titan: PKP Cargo’s Sharp Decline Sparks Political Feud

Thousands of jobs at risk, wagons sent to scrap, and a restructuring plan submitted without union consent.…

02 / 07 / 2025
Freight
Freight or Scrap? PKP Cargo Under Fire for Destroying Functional Wagons as Sejm Investigates

Freight or Scrap? PKP Cargo Under Fire for Destroying Functional Wagons as Sejm Investigates

Over 10,000 wagons are heading for the scrapyard — and Poland’s Sejm wants answers. As PKP Cargo begins…

26 / 06 / 2025
Freight
2,400 Jobs Lost: PKP Cargo Layoffs Turn Into Poland’s Latest Political Battle

2,400 Jobs Lost: PKP Cargo Layoffs Turn Into Poland’s Latest Political Battle

Poland’s national rail freight giant is cutting deep. PKP Cargo confirmed thousands of layoffs as part of a sweeping court-supervised restructuring plan,…

17 / 06 / 2025
Business
Rolling Cuts—PKP Cargotabor Shuts Depots in Radical Restructuring Push

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…

12 / 06 / 2025
Business
Freight Down, Hope Up: PKP Cargo Targets Turnaround with New Deals

Freight Down, Hope Up: PKP Cargo Targets Turnaround with New Deals

Poland’s rail freight giant PKP Cargo is fighting to regain control. With losses shrinking, staff costs falling, and new contracts rolling in, the company…

09 / 06 / 2025
Freight
Terminals Out, Corridors In: SBB Cargo's Freight Transformation Plan

Terminals Out, Corridors In: SBB Cargo's Freight Transformation Plan

SBB Cargo was meant to be Switzerland’s freight backbone. But with eight terminals shutting down and millions on the line, the state rail operator is scrambling…

26 / 05 / 2025
Business
Bleeding Billions: Restructuring PKP CARGO Before It’s Too Late

Bleeding Billions: Restructuring PKP CARGO Before It’s Too Late

PKP CARGO’s freight empire is crumbling. With coal volumes shrinking, market share collapsing, and a EUR 560 million loss on the books, Poland’s largest…

06 / 05 / 2025
Freight
Baltic Express and Beyond: PKP’s Alan Beroud on Cross-Border Rail, Cargo Reform, and Europe’s Freight Future

Baltic Express and Beyond: PKP’s Alan Beroud on Cross-Border Rail, Cargo Reform, and Europe’s Freight Future

Alan Beroud, Chairman and CEO of the Polish PKP Group, was one of the keynote speakers at the 'Freight Transport in Europe: Sector and Market' panel discussion…

30 / 04 / 2025
Interviews and Events
Political Baggage Derails Deutsche Bahn? CDU/CSU Says It’s Time to Reset

Political Baggage Derails Deutsche Bahn? CDU/CSU Says It’s Time to Reset

Germany’s opposition alliance CDU/CSU is demanding immediate structural reforms at Deutsche Bahn (DB), targeting the top-level leadership of the national…

25 / 04 / 2025
Business
Can PKP Cargo’s New Leadership Save the Company? Bold Restructuring Plan Unveiled

Can PKP Cargo’s New Leadership Save the Company? Bold Restructuring Plan Unveiled

The new management at PKP Cargo is setting out a bold restructuring plan and strategic vision aimed at stabilizing the company and restoring profitability…

07 / 03 / 2025
Freight
BREAKING: SBB Cargo Cuts Jobs as Freight Demand Declines

BREAKING: SBB Cargo Cuts Jobs as Freight Demand Declines

SBB Cargo is to cut 80 jobs by 2025 amid declining freight volumes, with further restructuring plans expected in March.

03 / 03 / 2025
Freight
Crisis Mode: PKP Cargo Swaps Coal for Grain in a Fight for Its Future

Crisis Mode: PKP Cargo Swaps Coal for Grain in a Fight for Its Future

PKP Cargo bets on a grain terminal to replace coal transport, as asset sales and restructuring aim to solve financial woes.

11 / 12 / 2024
Freight
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