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PKP Polish Railway Lines to invest PLN 8.5 bn in 2015

PKP Polish Railway Lines to invest PLN 8.5 bn in 2015
April 10
08:42 2015

PKP Group investments in rolling stock, railway stations and railway infrastructure reach more than PLN 30 billion (EUR 7.4 bn) between 2012-2015. In the new EU financial exercise the group aims to obtain PLN 42.8 billion (EUR 10.5) , which is about 112% more, compared to the previous perspective.

According to PKP Group statement,  PKP Intercity registered an increase in the number of travelers two months in a row for the first time since 2011. Only in February this year, domestic traffic increased by 8%. Both rail freight and rail passenger transport markets stabilized.

The group has made significant investments in the development of its railway infrastructure network, with more than PLN 16 billion ( EUR 3.9 bn) being spent from 2012 to 2014. This year, PKP Polish Railway Lines are going to invest for this purpose approx. PLN 8.5 billion ( EUR 2.1 bn).

In 2015, PKP plans to carry out investments in modernising 21 railway stations. The company will invest approx. PLN 350 million ( EUR 87 million).

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PKP Polish Railway Lines (PKP PLK)
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