Business

investments from KPO for PLN 2.1 billion completed by 2026


In an interview with the Polish Press Agency, Malinowski emphasized that over PLN 1.2 billion from KPO has already been transferred to the carrier's accounts. “Our contract is worth PLN 2.1 billion. There is no risk that we will not use these funds. Our rolling stock investments are, so to speak, at such a pace that we will definitely complete these tasks.” – noted the president of PKP Intercity. He also added that the company is ready for a possible increase in financing if such an opportunity arises.

The funds from the KPO are to be used for the purchase of 56 modern locomotives worth PLN 1 billion and the modernization of 248 wagons of various types, which will cost PLN 1.2 billion. The support agreement with KPO was signed in October 2024 with the Center for EU Transport Projects (CUPT). The non-repayable aid amounts to PLN 2.16 billion, and the level of co-financing from EU funds exceeds 94%. eligible expenses.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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