PKP Cargo

PKP Cargo (wse: PKP PLPKPCR00011) is a logistics operator and a part of the PKP Group in Poland. It is the largest railway freight carrier in Poland and second largest in the European Union.[3] PKP Cargo is listed on the Warsaw Stock Exchange. The company's largest shareholder is PKP S.A. with a 33,01% share.[4]

PKP Cargo does not have bankruptcy capacity (as it is an entity established by law).

History

In 2000, PKP Cargo was spun off from Polskie Koleje Państwowe, the Polish state railways. Since 1 October 2001, PKP Cargo has been a member of PKP S.A. Group. In 2009, the company was awarded the Safety Certificate – Part A, which confirmed the approval of its safety management system in the European Union, and in 2010, it obtained the Safety Certificate – Part B.[5]

The PKP Cargo Corporate Group

Member companies of PKP Cargo Corporate Group provide services in the area of inland and maritime transport, logistics, forwarding, transshipment, repairs of rolling and tractive stock, as well as railway siding management. Subsidiaries under the direct control of PKP Cargo:[10] Subsidiaries under the indirect control of PKP Cargo: Subsidiaries jointly controlled by PKP Cargo or its subsidiaries:

PKP Cargo Corporate Group includes also several other companies with a minority share held by PKP Cargo or its subsidiaries.

PKP CARGOTABOR – (100% controlled by PKP Cargo) is specialised in maintenance and repairs of rolling stock

PKP CARGOLOK – (100% controlled by PKP Cargo) is specialised in repairs of locomotives. In June 2014, the company's assets were acquired by PKP CARGOTABOR

CARGOTOR – (100% controlled by PKP Cargo) is specialised in the maintenance and provision to railway undertakings of logistics and service infrastructure

PKP CARGO CL MAŁASZEWICZE – (100% controlled by PKP Cargo) the company provides transshipment and forwarding services, as well as border services for foreign trade operations in the area of rail and road transport

PKP Cargo CL MEDYKA-ŻURAWICA – (100% controlled by PKP Cargo) provides services for trade, mainly between the European Union and Ukraine or Russia. It features terminals at the interface between the and broad gauge systems. The company provides logistics services combining road, rail, air, inland waterway and maritime transport

CARGOSPED – (100% controlled by PKP Cargo) a logistics operator providing forwarding and logistics services for transport operations in Poland and abroad

PKP CARGO SERVICE – (100% controlled by PKP Cargo) provides comprehensive railway siding services, including infrastructure maintenance, and runs niche rail operations

PS TRADE TRANS – (55.56% controlled by PKP Cargo) an international logistics operator providing services in the area of transport, transshipment and storage of goods as well as customs services

PKP CARGO INTERNATIONAL – (51% controlled by PKP Cargo) a railway undertaking and freight forwarder in the CEE region. The company is now under liquidation

CARGOSPED TERMINAL BRANIEWO – (100% controlled) one of the largest transshipment terminals in the Braniewo area. The company's core activities include transshipment of various goods and trading in coal

TRADE TRANS FINANCE – (100% controlled) a company providing financial and accounting services

PPHU UKPOL sp. z o.o. – (75% controlled) a company providing transport and transshipment services

TRANSGAZ S.A. – (63.97% controlled) the company is engaged in transshipment of liquefied gas and petrochemicals which need heating (such as paraffin, waxes, some oils)

TRADE TRANS KARYA sp. z o.o. – (60.3% controlled) the company runs a transshipment terminal, customs warehouse and a break-of-gauge transshipment facility in Wola Baranowska. It provides freight transshipment services

CARGOSPED SKŁADY CELNE sp. z o.o. (50% controlled)

TP SŁAWKÓW MEDYKA sp. z o.o. (50% controlled)

PKP CARGO CFL INTERNATIONAL S.A. (50% controlled, now under liquidation)

Rolling stock

Locomotives

PKP Cargo owns more than 2,300 locomotives and uses more than 1,300 of them. Some of PKP Cargo's locomotives have entered into service abroad. The company runs independent operations, for instance in Germany, the Czech Republic, Austria, Slovakia, Belgium, the Netherlands, using Siemens EuroSprinter multi-system locomotives. Electric locomotives: ET22 and ET41 and diesel locomotives: ST44, ST45 and SM42 have also entered into service in the Czech and Slovak railway networks. All PKP Cargo locomotives currently in use, with the exception of multi-system Siemens locomotives, are equipped with GPS devices.[13]

Wagons

PKP Cargo owns more than 62,500 wagons, of which more than 44,000 are currently in use. Mineral wagons (approx. 28,000),[14] carrying bulk materials (coal, ores, crushed stone), farm produce (beetroot, potatoes), as well as other goods, such as timber, machinery and equipment, account for a major part of the rolling stock. The second most numerous group at PKP Cargo are flat wagons. PKP Cargo uses them to carry containers, metal products, vehicles, machinery, timber etc. In addition, the company has ordinary and special covered vans, wagons with opening roofs and special wagons which can carry, for instance, heavy industrial goods exceeding loading gauge limits, as well as heavy electrical equipment.

Rolling stock repairs and maintenance

PKP Cargotabor, a member company of PKP Cargo Corporate Group, provides locomotive and wagon maintenance services. PKP Cargotabor employs approximately 2,800 people and is one of the largest companies of its type in Europe.[15] PKP Cargotabor was established in mid-2014 as a result of the consolidation of rolling stock companies within PKP Cargo Corporate Group. According to representatives of the PKP Cargo management board, while in 2014 almost all of the orders executed by PKP Cargotabor have been placed by PKP Cargo Corporate Group, the company is expected to provide services to third parties in the future.[16] On 15 December 2014, company representatives announced that they were considering the launch of freight cargo manufacturing operations.[17]

type	Spółka Akcyjna
traded as	wse: PKP
isin	isin: PLPKPCR00011
foundation	2001
location	Warsaw, Poland
key people	Władysław Szczepkowski CEO
num employees	21,210 (2022) ‡R1R‡
industry	Rail transport
services	Forwarding Logistics Rail freight transport Railway siding management Rolling stock maintenance Transshipment
revenue	4759.6 million zł ‡R2R‡
revenue year	2017
net income	81.7 million zł ‡R2R‡
net income year	2017
assets	4688 million zł ‡R2R‡
assets year	2017
homepage	www.pkpcargo.com

History

Field structure in Poland

Rail freight

Poland

Other countries

The PKP Cargo Corporate Group

Warsaw Stock Exchange

Rolling stock

Locomotives

Wagons

Rolling stock repairs and maintenance

Terminals

Sidings

Forwarding services

Intermodal

Other information

See also

External links

References