DEC bids for concession to transport chemicals by rail
Rail tanker operator Dyrekcja Eksploatacji Cystern (DEC) hopes to obtain by
the end of the month a concession to transport chemicals and petroleum-based
products. "We hope the market can be freed and there will be a place for
other carriers, besides PKP," said Jacek Wilkoszewski, vice president of
DEC. Wilkoszewski went on to explain that the company plans to use its own
or rented tankers, and will pay for access to the railways. However, DEC
faces competition in its bid for the Transport Ministry concession from PKN
Orlen and Rafineria Gdanska. DEC is currently implementing an ambitious
expansion strategy that will see it enter the markets of Western Europe. In
March, American concern GATX became the strategic investor in DEC, and has
subsequently increased the company's capital by zl.45 million, from zl.154
million to zl.199 million. Even a failure to obtain the Transport Ministry
concession would not be a fatal blow to DEC's development. The company has
plans to expand into freight services, either by creating its own subsidiary
or by taking over an existing company. (Puls Biznesu, p. 4) P.W.