New recovery plan for SNCB-Logistics

The board of SNCB-Logistics, the freight transport division of Belgian company SNCB, finalized the restructuring plan for 18 months of the cargo transport operator.
The financial needs of SNCB-Logistics in these 18 months are estimated at around EUR 60 Million. The plan concerns “the financial restructuring, return to profitability, improvement of the services offered to customers and improvement of field operations. The plan also stipulates rolling stock cession and participation in terminals.
 
Source: www.7sur7.be