The European Investment Bank and PKP Intercity signed a PLN 1 billion (EUR 233 million) agreement for operator’s long-term rolling stock investment programme.
“The project is a further element of the Bank’s support for the modernisation of the transport sector in Poland, and for rail transport in particular. It will help PKP Intercity to catch up with Western European standards”, said Vazil Hudak, EIB Vice-President in charge of operations in Poland and Cohesion Countries.
The funding will help PKP Intercity to acquire new rolling stock and modernise its existing carriages.
“We are looking forward to the time when more new or modernised trains will start to arrive on the track, ensuring that our passengers have comfortable and safe journeys,” said Marek Chraniuk, President of the Board of PKP Intercity.
The financed project consists of the acquisition of electric main-line locomotives, passenger carriages and EMUs, which are well suited for fast and pollution-free inter-city commuting with diesel shunting locomotives. The project is also being supported by funds for the modernisation of rolling stock owned by PKP Intercity and used in passenger connections throughout Poland and internationally.
The operator has a large fleet consisting of over 2,700 units. The modernised fleet will enable higher operating speeds, improve comfort and ensure safety. It will also contribute to the increased frequency of services on selected routes.
This year, PKP Intercity has signed several contracts for the procurement of new rolling stock, as well as the modernisation of the existing vehicles.
In addition, the company will launch by the end of this year new tenders for the modernisation of the trains and locomotives and for the acquisition of new trains and locomotives.