Polish rail infrastructure operator Polskie Linie Kolejowe (PKP PLK) has completed the acquisition of 100% of the shares of CARGOTOR from freight carrier PKP CARGO. The agreement is valued at 28.8 million Polish zlotys (approximately 6.8 million euros). The transaction was approved by the Polish Office for Competition and Consumer Protection (UOKiK) in January 2023.
CARGOTOR operates a terminal zone in eastern Poland with a total length of approximately 180 km of track. The company’s infrastructure includes the key stations of Chociłów, Małaszewicze, Kobilany, and Bór. Consolidating these assets under a single operator will improve the efficiency of rail infrastructure utilization and enhance the coordination of freight operations.
PKP PLK notes that the transaction is part of PKP CARGO’s restructuring program, aimed at strengthening the freight operator’s financial position. This also paves the way for CARGOTOR’s more dynamic development. The company was founded in 2013 in accordance with the Polish Railway Transport Act, which provides for the separation of transport activities and infrastructure management.