EIB supports the fleet modernization of PKP Intercity with a PLN 2 bln loan

The rail sector in Poland gets a boost thanks to a significant loan from the European Investment Bank (EIB) to PKP Intercity, the biggest Polish long-distance rail operator. The EIB and PKP Intercity have signed a loan agreement for PLN 2 billion (approximately €434 million) that will help the company to finance a massive fleet renewal program aimed at making long-distance train journeys throughout the country more frequent, safer, and more attractive, as well as improving accessibility for…