The management board of PKP Cargo resigned

The president of PKP Cargo, Zbigniew Prus, and the remaining members of the management board - Paweł Miłek and Michał Łotoszyński - resigned from their positions on Thursday.

The company indicated in a stock exchange announcement on Thursday that the decision to resign from the management board is related to the court's decision of September 29 to withdraw the authorization for PKP Cargo to manage its entire enterprise to the extent not exceeding ordinary management.

At the same time, the supervisory board of PKP Cargo delegated Monika Starecka, a member of the supervisory board, to temporarily, i.e. from October 2, 2026 to December 31, 2026, act as the president of the management board of PKP Cargo.

PKP Cargo is fighting to rebuild its position on the market

PKP Cargo, one of the largest rail freight carriers in Poland and Europe, is undergoing restructuring. The company is facing the effects of a decline in transport, strong market competition and high operating costs.

The company transports, among others: coal, aggregates, steel, fuels and containers. Therefore, not only the railway market, but also the efficiency of deliveries to industry, energy and construction depend on the condition of PKP Cargo.

According to information published by the company, in the first half of this year the PKP Cargo group recorded a positive net result. This is an important signal during the ongoing recovery process, although the durability of the improvement will depend on the subsequent quarters and the effectiveness of the implementation of the restructuring plan.