CTL Logistics, Poland’s biggest railway transport company, estimates that this year, the Polish railway market will shrink by 3.5 percent.
“Next year, it will drop by 6 percent”, Krzysztof Niemiec from CTL Logistics said.
The reason is smaller transport of mass products: steel and steel products, ores, stone and coal. Wlodzimierz Rydzkowski from Gdansk University expects that companies from state-owned PKP group will be most disturbed. Private firms will do somehow because they are smaller and more flexible. They have already started restructuring their employment. They can also sell their assets.
“I’m pessimistic about PKP Cargo. The crisis hits a company which already is in crisis”, Wlodzimierz Rydzkowski said.
The company will have a net loss this year.