ČD Cargo-ZSSK merge back on agenda

23/04/2012

Slovak Prime Minister Robert Fico has resurrected the possibility of creating a joint Czech–Slovak rail freight company from the current two state-controlled companies.
Fico said that a merger of Czech rail freight company ČD Cargo and its Slovak counterpart ZSSK would be beneficial for both, as it would “have a better chance of surviving on the regional market”.
ČD Cargo is reported by Czech media to be seeking expansion in Hungary and Austria having already launched national operations targeting freight markets in Poland and Slovakia. It is also seeking to win a higher profile for its activities in Central Europe.
Source: www.ceskapozice.cz