Locked content PKP with PLN 653 mln consolidated profit in 2017

State-controlled operator Grupa PKP reported a consolidated net profit of PLN 653 million in 2017, up from PLN 150 million recorded in 2017. The profit of the PKP S.A. unit stood at PLN 192 million, said Andrzej Olszewski, management board member of PKP S.A., at the European Economic Congress in Kat...

Locked content PKP lands PLN 40 mln deal

Polish State Railways (PKP) has signed a deal with construction company P.A. Nova for PLN 38.9 million, the railway freight carrier informed. The agreement concerns the revitalization of the historic building of Sosnowiec Maczki railway station (Śląskie voivodship), including reconstruction, expansi...

Locked content PKP Intercity to invest PLN 1.8 bln in rolling stock

PKP Intercity will invest PLN 1.8 billion in rolling stock in the coming years, as well as PLN 311 million in rolling stock modernization this year, the firm’s press statement indicated. “We are preparing subsequent investment projects: in the coming years, apart from ongoing modernizati...

Locked content New management board at PKP

Poland’s Minister of Infrastructure and Development Andrzej Adamczyk has appointed a new management board of state-owned Polish State Railways (PKP). As a result of the changes, former CEO at PKP Mirosław Pawłowski keeps his position. However, new figures come to the company – Cecylia La...

Locked content PKP Intercity will invest PLN 1.8 bln in rolling stock

PKP Intercity will invest PLN 1.8 billion in rolling stock, PLN 1.4 bln of which will be earmarked for the modernization of around 60 locomotives and 400 railway wagons and PLN 400 million will be spent on nine new technical facilities. “PKP SA, as its owner, will transfer PLN 1 billion to PKP...