PKP Cargo is suing the State Treasury. Fight for billions in compensation after Morawiecki's decision
Decide which one ordered PKP Cargo to transport coal imported by PGE Paliwa and Węglokoks in connection with the embargo on Russian coal, forcing the carrier to abandon profitable commercial orders in favor of transporting raw material from Baltic ports. The lawsuit was filed with the District Court in Warsaw.
Now the company is demanding PLN 1.522 billion in compensation, arguing that Mateusz Morawiecki's coal decision resulted in significant financial losses for the company.
The text continues below the video\
Losses related to the government's decision
In December 2024, PKP Cargo called on the State Treasury to pay the above-mentioned amount, pointing out that the costs of implementing the government decision significantly influenced the company's financial situation. In case of non-payment, it was announced that the case would be taken to court, which eventually happened.
Prime Minister Morawiecki's decision of July 2022 was a response to the energy crisis caused by the embargo on coal from Russia. The government then obliged PGE Paliwa and Węglokoks to import 12.5 million tons of coal from other countries. Transporting this raw material required the involvement of 242 ships, 3,300 trains and 50,000 people. trucks. PKP Cargo claims that the implementation of this task involved the need to resign from more profitable contracts.
Read also: PKP Cargo is slowing down. Personnel earthquake in a state-owned company
Restructuring and collective layoffs
PKP Cargo's financial problems are not limited only to issues related to the coal decision. The company's situation deteriorated so much that in July 2024, the court opened restructuring proceedings. In the same month, the management board decided to carry out collective layoffs, which covered 3,665 employees. At the beginning of June 2025, plans for further layoffs were announced – up to 1,041 people in 2025 and 1,388 in 2026. Currently, the company employs approximately 10,000. people.
The restructuring plan, submitted to the court in June 2025, assumes, among others: reducing costs, renegotiating financial obligations and increasing revenues by developing cooperation with key clients. If the actions are effectively implemented, the company forecasts EBITDA of PLN 1.296 billion by 2031.
Management turmoil and controversial transactions
In December 2025, there were personnel changes in the company's management board. President Agnieszka Wasilewska-Semail was dismissed and her duties were temporarily taken over by Monika Starecka. Before, On December 11, Marcin Wojewódka, who was involved in controversial stock exchange transactions, was removed from the supervisory board.
Wojewódka, as vice-chairman of the supervisory board, sold PLN 91,000. 703 shares of PKP Cargo to buy them back on the same day at a lower price, which brought him a profit of PLN 94,000. PLN 454 A day later, he made another transaction, purchasing 1,038 shares of the company for over PLN 13,000. zloty. The Polish Financial Supervision Authority announced that it was analyzing these operations for violations of the provisions of the MAR regulation on financial market abuse.
Read also: Scandal involving PKP Cargo shares. He lost his seat on the supervisory board. Did Marcin Wojewódka break the law?
The future of PKP Cargo
An extraordinary general meeting of PKP Cargo shareholders is scheduled for December 29, 2025, during which a decision will be made to reduce the share capital by PLN 2.19 billion in order to cover the losses from 2024. The company in which PKP SA holds 33.01 percent. shares, and Nationale-Nederlanden PTE SA funds 12.08%, recorded a profit of PLN 7.5 million in the third quarter of 2025, which, however, is not enough to cover the debt of nearly PLN 3 billion.
PKP Cargo faces a difficult task of stabilizing its financial situation. However, in the background there remains a dispute with the government over the coal decision, which, according to the company's management, has significantly contributed to its current problems.
Read also: The state-owned company is threatening to sue the State Treasury. He is demanding over a billion zlotys
