Locked content PKP Intercity with 21.4 mln passengers in H1

State-owned passenger railway carrier PKP Intercity recorded 21.4 million passengers in the first half of 2018, up by 5.5 percent in comparison to the same period last year. “We hope that 2018 will turn out again as the year of the railway and we will finish it again with over 40 million passe...

Locked content PKP Intercity 2017 net profit soars

State-owned passenger railway carrier PKP Intercity had a PLN 270 million net profit last year, compared to PLN 47 million profit in 2016. The company had 42.8 million passengers in 2017, up by 11 percent y/y and above its own forecasts for 39.2 million passengers. “In 2017, we’ve had the increase i...

Locked content Newag to sell 20 train engines for PLN 350 mln to PKP Intercity

WSE-listed rolling stock producer Newag placed the best bid for sale and maintenance of 20 train engines to state-run passenger rail company PKP Intercity, offering PLN 17.7 million gross per unit, which puts the value of the deal at PLN 354 million combined. Newag’s offer secured 93.46 points, foll...

Locked content 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 in...

Locked content PKP Intercity with PLN 47 mln profit in 2016

Polish state-owned passenger railway operator PKP Intercity posted a PLN 47 million profit in 2016, compared to a PLN 57 million loss the year before, the company announced in a market filing. Revenues increased by 24 percent o PLN 1.77 billion. Last year, the group had 38.5 million passengers, whic...

PKP Intercity promoting Senior’s Day

On Monday, November 14, anyone over the age of 60 is eligible to receive a 30 percent discount on all Intercity trains. The reduced fare applies to both 1st and 2nd class tickets and is available online as well as at ticket kiosks in rail stations. Additionally, a discount of 37 percent is now avail...

Locked content PKP Intercity to invest PLN 2.5 bln in modernization

Passenger rail company PKP Intercity is earmarking PLN 2.5 billion until 2020 for the purchase and modernization of 510 wagon and 60 locomotives, as well as the upgrading of 15 servicing stations, according to Jarosław Oniszczuk, a member of the board of PKP Intercity. Funds for this investment are ...