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Management Board Members Commentaries

In 2018, the PKP CARGO Group reached a record EBITDA level of above PLN 900 million. It was driven by the Group’s effective use of the high pace of economic growth and discipline in cost management.
In this period, we continued the ambitious program of upgrading the rolling stock, while reducing debt at the same time. We intend to share the net profit, which was more than 100% higher than in the previous year, with our Shareholders. The results earned last year offer a stable foundation for the Group’s further growth in all areas of its activity.

Leszek Borowiec
Management Board Member in charge of Finance

In 2018, the PKP CARGO Group leveraged the good economic conditions on the rail transport market generating more than PLN 5.24 billion in revenues, carrying 121.9 million tons of cargo.
The good performance of PKP CARGO resulted from the consistent implementation of our commercial policy in recent times. The success confirms the increased trust in the PKP CARGO Group and reflects good working relations with our business partners. As a modern rail operator, we continuously strive to optimize our business in order to meet our Clients’ expectations.

Grzegorz Fingas
Management Board Member in charge of Commerce

2018 is the year, in which PKP CARGO has continued the process of improving its production capacity by conducting a broad capital expenditure process.
We expand our transport capacity to satisfy the increased demand and to improve our operating efficiency through innovation and technical changes. It is also the year, in which we started implementing several organizational initiatives, which improved our effectiveness and operating efficiency.”

Witold Bawor
Management Board Member in charge of Operations

Corporate Social responsibility is more than just following the company management standards. It stands primarily for long-term development of a multi-dimensional, positive history of the company, with its clients, shareholders, employees and local communities.
2018 marked 10 years since PKP CARGO S.A. has been developing initiatives in the area of corporate social responsibility (CRS). As a socially responsible company, PKP CARGO manages the transportation process with respect for the highest standards of sustainable development in the economic, social and environmental aspect. In this way, the Company combines professional implementation of business objectives with a responsible attitude towards employees, business partners and the natural environment.

Zenon Kozendra
Management Board Member – Employee Representative

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