Posted by on 19 Jan 2011. Filed under Business, Top news. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

PM stops railway job cuts and orders revival plan

The Prime Minister has frozen the planned 4,000 or so redundancies that were in the pipeline for the three state-owned railway companies ZSR, Cargo and ZSSK, following talks on Monday with railway union bosses.

Radicova has ordered transport minister Jan Figel to halt the lay-offs and firstly prepare a consolidation and recovery plan in an attempt to haul the railway sector out of the financial quick-sand it is sinking in.

The Ministry of Transport says it has been working on a plan of revitalisation since September, and that it should submit it to the government later this month or in February.

Leave a Reply

*

Photo Gallery

The Daily.SK, Language Sense, s.r.o., Bratislava © 2010