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Investors eager for Warsaw Commuter Rail privatization

Eight companies are interested in participating in the privatization of Warsaw Commuter Rail (WKD). The list of candidates has not been closed yet. Potential investors, both Polish and foreign, may place offers until the end of the week. As of now only Polski Express, bus transport company, confirmed its bid. The final date of the tender is not known yet. It depends on when Sejm passes the act concerning restructuring, privatization and commercialization of Polish State Railways (PKP). Deputies have promised this act will pass Sejm by the end of June. But it is hard to predict when the whole legislative process, which also needs the Senate's approval and President's signature, is to be complete. (Puls Biznesu, page 5) A.D.

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