Locked content More than 1,600 railway stations to be demolished

The Polish State Railways (PKP) plans to demolish more than 1,600 railway stations in Poland by the end of 2016, Gazeta Polska Codziennie informed. “Those stations and railway stops are in a terrible condition now, and they are only 3-4 percent of demolition objects. Mainly, buildings that hav...

Locked content EIB lends €250 mln to PKP

The European Investment Bank (EIB) will lend EUR 250 million to PKP Polskie Linie Kolejowe to finance improvements to the railways along the strategic TEN-T North Sea–Baltic Corridor linking the Baltic Sea with the Ukraine border, the bank said. The EIB funds will support the modernisation of the 17...

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 in 2015: PLN 222.9 mln income and PLN 1.77 bln debt

The Polish State Railways (PKP SA) recorded a net profit of PLN 222.9 million in 2015, compared with PLN 219 million in 2014. At the end of 2015, debt reached PLN 1.77 billion and must be paid in full by 2022. However, as a result of completed privatization transactions (including TK Telecom, PKP En...

Locked content PKP invested PLN 400 mln in 2015

Polish State Railways (PKP) invested PLN 400 million in transport infrastructure and the modernization of Lower Silesian’s railway stations  in 2015. During the year, the  company has repaired 53 km of railway tracks and 11 km of overhead lines. 47 railway crossings, 13 platforms and 45 engine...

Locked content PKP spent PLN 298 million on station upgrades

Railway operator PKP spent PLN 298 million in 2015 for the upgrade and modernization of train stations. In the same year, the company sold real estate worth PLN 266 million in total. New train stations were delivered in Bydgoszcz and Sopot, while the others, including those in Łódź, Nidzica, Rybniok...

Locked content Government to build apartments on PKP land

The government is initiating a program to build cheap rental apartments all over Poland using land owned by PKP and other state agencies. RFM FM reported on Wednesday that the Ministry of Infrastructure and Construction wants to rent out these newly-built apartments for 20-30 years to people who wil...

Locked content PKP picks acting CEO

Following the resignation of Bogusław Kowalski, Mirosław Pawłowski has been appointed the acting CEO of state-controlled PKP. Mirosław Pawłowski joined the board of managers on December 11, exactly the same day when Kowalski took office replacing Jacek Karnowski. Pawłowski is an economist, he was on...

New CEO of PKP resigns

Bogusław Kowalski, the recently appointed chief executive officer of state-owned PKP stepped down in the weekend.

Locked content Bogusław Kowalski appointed as new head of PKP

Bogusław Kowalski will replace Jakub Karnowski as the head of PKP, Andrzej Adamczyk, the Minister of Infrastructure announced on Friday. “The new board starts work today, there are many problems that need to be quickly solved,” said the Minister. Kowalski served as the deputy Minister of...