Alstom Group and Polish export credit agency KUKE signed a EUR 1 billion partnership agreement to facilitate contract executions and securing financing for buyers for international market tenders. This is the first time a global corporation will use a new solution introduced by KUKE, the agency says.
The agreement outlines the terms of cooperation that will strengthen and enhance the strategic contributions of Polish industrial stakeholders under the framework of Alstom export contracts insured by KUKE.
“Poland is a key market for Alstom, it plays an important role in our global development strategy and is an ideal place for us to expand. Modern metro trains and components produced by Alstom in Poland are used all over the world and the value of exports from Polish branches is growing every year. Thanks to our partnerships with KUKE, Alstom’s development and investments in the country are likely to increase rapidly,” Sławomir Cyza, CEO and Managing Director Poland, Ukraine and Baltic States at Alstom said.
Alstom successfully executes a variety of projects around the world. These include the latest technologies such as building high-speed railways or working on zero-emission transport systems in addition to producing modern metro trains, such as metros for Dubai, Riyadh, Amsterdam, and Budapest as well as high-end trains such as the Intercity Next Generation trains (ICNG) for the Netherlands. The Polish export projects enabled by agreements like the one with KUKE, empower Polish companies to expand their business and build international recognition while gaining valuable skills and experience. Alstom Group is currently considering using KUKE’s support in several future projects across the globe. Alstom is also a leader of signalling solutions in the Polish railway market and the Group has already announced its plan to hire an additional 400 experts in Poland.
“Observing the successes of rail companies operating in our country, one can say that we are becoming a regional power in this industry. KUKE is ready to support the foreign expansion of companies operating in Poland, and at the same time their development in the country, encouraging them to invest,”Janusz Władyczak, President nad CEO of KUKE said.