PKP Intercity to invest PLN 7 bln in stock upgrades

State-owned passenger railway operator PKP Intercity plans to invest over PLN 7 billion till end-2023 on rolling stock modernization, the company said in its updated 2016-2020 strategy. The company will finance the investments from own funds as well as funding from parent company PKP and external institutions plus nearly PLN 790 million in EU subsidies….

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