financial appeal

PKP Cargo unable to pay hundreds of salaries, urges government for ‘coal decision’ compensation

Image: Shutterstock. © Elzbieta Krzysztof.

Polish state-owned operator PKP Cargo appears unable to pay “July’s salaries, retirement severance pays and jubilee bonuses” to a group of “several hundred employees”. The reason for that is the lack of liquidity. Previously, the company’s management board and worker trade unions demanded the urgent payment of the so-called ‘coal decision’ compensation to “help save the company”.

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Author: Nikos Papatolios

Nikos Papatolios is the Chief Editor of RailFreight.com, the online magazine for rail freight professionals.

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PKP Cargo unable to pay hundreds of salaries, urges government for ‘coal decision’ compensation | RailFreight.com
financial appeal

PKP Cargo unable to pay hundreds of salaries, urges government for ‘coal decision’ compensation

Image: Shutterstock. © Elzbieta Krzysztof.

Polish state-owned operator PKP Cargo appears unable to pay “July’s salaries, retirement severance pays and jubilee bonuses” to a group of “several hundred employees”. The reason for that is the lack of liquidity. Previously, the company’s management board and worker trade unions demanded the urgent payment of the so-called ‘coal decision’ compensation to “help save the company”.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Tags: ,

Author: Nikos Papatolios

Nikos Papatolios is the Chief Editor of RailFreight.com, the online magazine for rail freight professionals.

E-mail

Related posts

Tidbit The 19th-century Tehachapi loop, where trains can cross themselves

Built in 1876, the 1,17-kilometre Tehachapi loop is a hotspot for rail fans. Understandably so, as the Californian rail climb is probably one of the…
Collective bargaining disagreements Canadian Transport Minister forces lockout end, but picket lines will remain

Just a few hours after a massive lockout was enforced by the two main Canadian rail freight operators, Transport Minister Steven MacKinnon decided to get…
upset communities French rail passengers, local mayor up in arms over temporary increase in freight trains

A temporary increase in freight trains to be operated on a rail line in eastern France has triggered anger among local residents and led to…
Global IT outage Rail freight remains online despite Crowdstrike global IT outage

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Add your comment

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Log in through one of the following social media partners to comment.