PKP Cargo: More employees want to leave – Interia

High clearance for departure from the work they are doing their / © 123RF / Picsel

• Within three months of uprising joint venture between PKP Cargo and the Chinese International Zhengzhou Hub. Through this collaboration Polish carrier wishes to play a key role in handling traffic as part of the New Silk Road. The agreement implies multiplication of the number of trains from China to Europe and further establish a modern logistics center in Małaszewicze on the Polish-Belarusian border. more »

” The number of entries exceeded the original estimates of employees of the company. After analyzing the cost-effectiveness of increasing the maximum amount of liability , the management of the company (…) resolved to increase the amount of 96.5 million zł maximum estimated liability resulting from the conduct of the PDO in PKP Cargo and asked the supervisory board of the company with a request for consent to incur liabilities “- the report says. Originally it was assumed that it will amount to 19.7 million zł.

Verification applications for PDO will take place until 22 June 2015. Soon after this deadline will be determined the final value of liabilities arising from the conduct of the program.

“In the opinion of the board, due to the need to maintain continuity of processes and due to economic conditions, about 320 workers concerned not obtain permission to use the PDO, and therefore the final amount of liabilities under the PDO will be lower than the above the maximum amount “- the company said.

Those who obtain consent, cease to be employees of the company from 1 July 2015.

” The provision for future liabilities under the PDO will be included in the books of the company after obtaining information by PKP Cargo on the final number of employees who receive permission employers to benefit from a PDO. This provision will charge the result for the second quarter of 2015. ” – Written in the press release.

• The 36-times the monthly salary (often more than 100 thousand. zł) PKP Cargo wants to offer its employees under the voluntary redundancy scheme – the company said in a statement. The program was scheduled to begin in December ubr. more »

PKP Cargo Executive Board recommends the payment of 110 million zł dividend for 2014 years. This amount consists of 53.9 million zł from the profit for the previous year and 56.1 million zł from retained earnings from previous years – recently the company said in a statement.

According to calculations PAP dividend per share would amount to the nearest 2.46 zł.

In 2014 years the dividend per share amounted to 3.07 zł. PKP Cargo Shareholders decided then that will allocate the dividend zł 86.6 million from last year’s profit and additionally zł 50.9 million from retained earnings.

• The interest in the program voluntary redundancy in PKP Cargo exceeded management’s expectations. Even so, consent to the departure received nearly everyone willing. Employment in the group will fall from 26 thousand. up to 23 thousand. people. more »

PKP Cargo reported in a press release that the total level recommended the payment of dividend is 40 percent. Consolidated net income adjusted for one-off event in the form of the Voluntary Leave Programme, the cost of which EUR 265 million zł charged to the Group’s result for 2014 years.

Throughout the net result of 2014 years PKP Cargo Group attributable to the shareholders of the parent company amounted to 58 , 99 million zł.

PKP Cargo is the largest in Poland and the second largest rail freight carrier. After downsizing the company will employ 23,000 people.

PKP Cargo announced that it successfully go