May 25, 2017 1:33 AM ET

Industrial Conglomerates

Company Overview of Polskie Koleje Panstwowe S.A.

Company Overview

Polskie Koleje Panstwowe S.A. engages in the railway transport business in Poland. It is involved in the railway passenger and freight transport, and railway infrastructure management business; and infrastructure renovation and repair, and rolling stock repair activities; training, pharmacy, and businesses; provision of railway printing, tourist, and mountain cable railway services. The company also sells, leases, and manages real estate properties; distributes electricity and gas to rail transport and other customers; and provides telecommunication and IT services. In addition, it is involved in the development of application software; and provision of maintenance services, including direct...

ul. Szczesliwicka 62

Warsaw,  00-973

Poland

Founded in 2001

69,617 Employees

Key Executives for Polskie Koleje Panstwowe S.A.

President of the Management Board and Chief Executive Officer
Secretary and Member of Supervisory Board
Compensation as of Fiscal Year 2016.

Polskie Koleje Panstwowe S.A. Key Developments

PKP Units Not To Be Privatized

The Chief Executive Officer of Polskie Koleje Panstwowe S.A. said that there is no need to privatize the units of the group. He added that the company has a good freight operator PKP Cargo Spólka Akcyjna (WSE:PKP), a good long distance passenger train operator Pkp Intercity Sp.Z.O.O. and the privatization of the rail network infrastructure manager PKP Polskie Linie Kolejowe S.A. is out of the question.

PKP SA Announces Executive Changes

PKP SA has announced that following the charges formulated by the District Prosecutor's Office in Warsaw against the President and members of the Management Board of PKP SA in connection with maladministration and unintentional causing of high value losses, the extraordinary general meeting of shareholders made the decision to dismiss the President and three members of the Management Board. The new President is Krzysztof Maminski, who has held the same office in Przewozy Regionalne.

PKP May Sell Xcity Investment

Polskie Koleje Panstwowe S.A. (PKP) may exit Xcity Investment Sp. z o.o. "The years 2019-2020 is a moment when we can consider exiting XCity," Piotr Cizkowicz, management board member of PKP said. "This may be done via the stock exchange as well as via seeking a strategic partner. It is too early to determine a precise formula", he added.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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