PKP Cargo and HZ Cargo sign Strategic Cooperation Agreement

On 5 March 2015 in Warsaw, Polish national rail cargo operator PKP Cargo and HZ Cargo signed the Strategic Cooperation Agreement. This Agreement is an important element of the expansion strategy in Central and South Europe. The companies will cooperate on enhancing services for their current and new customers, increasing the volume of cargo transport in the Baltic-Adriatic corridor, and developing promising joint logistics offers. The cooperation will provide for better intermodal transport services in the Baltics, Adriatic, north seas and Balkans.

The signed agreement is an important element of the PKP CARGO expansion strategy focused on Central and Southern Europe. PKP CARGO may operate trains on independent basis in nine EU Member States, however the area of Balkans has remained unavailable for the Polish carrier - until now. Partnership with HZ Cargo will enable strict cooperation in the area of rail freight and providing logistics services within the Baltic, Adriatic and North Seas triangle and on the Balkans.

“This is an important step in the strategy of PKP CARGO development and expansion in Central and Southern Europe and making the full use of the capacity of the N-S transport corridors. Cooperation with HZ CARGO has perfectly fulfilled the acquisition of AWT. It is our opportunity to gain new customers, not only on the Balkans. Large investments, which have been currently delivered in the Croatian ports translate into opportunity to increase the scale of intermodal operation and win attractive orders in this rapidly developing market sector” –says Chief Executive Officer of PKP CARGO Adam Purwin.“As the transport services in certain European countries are dominated by national carriers with market share reaching 70%-80%, such strategic alliances with the local leaders remain in most cases the only attainable formula to develop international activity” – adds Adam Purwin.

Both companies will strictly cooperate in the area of commercial offer and development of joint products for the customers. Significant operational synergies will be achieved thanks to better utilization of rolling stock and mutual access to the terminals managed by both partners.

“PKP CARGO Group is one of  largest players on the European map of rail freight. Our company gained a strong strategic partner, thanks to which we will both extend our logistics service portfolio and exchange valuable know-how. For both companies the strategic cooperation is a chance to extend served logistics chains with use the access to three seas and several major Europe’s seaports” – President of the Management Board, HZ Cargo Danijel Krakić.