Illustrative photograph (source: TASR - Roman Hanc)
Slovakia’s rail freight market has been shaken by the collapse of Retrack Slovakia, one of its largest private operators, despite the company reporting revenues of nearly €33m last year.
More than 100 employees have not received their June salaries, with July payments also in doubt, after all company accounts were frozen, reports business magazine Index. Staff remain technically employed, but insiders say workers are considering legal action as they wait for bankruptcy proceedings to begin.
