11/13/2006

Railway in Poland: PTKiGK Zabrze ends the consolidation process

PTKiGK Zabrze, one of Poland's successful private freight operators, is closing the process of consolidationg its subsidiary companies.
PTKiGK Zabrze is about to take over the Kuźnica Warężyńska Sand Mine.

Soon PTKiGK Zabrze will change the name to PTK Holding (Polish short for Rail Transport Company Holding). It will also change the legal status from Ltd. to JSC. These will be the results of joining with the Kuźnica Warężyńska Sand Mine, company already owned in 100% by PTKiGK Zabrze.

The structures will be more transpartent, costs reduced, operations easier PTKiGK says.

The Holding will also include companies Drokol and Petkol.

In Poland there is also another private rail freight operator by the name PTKiGK - PTKiGK Rybnik.
Source:railway-market.p



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