Pekao SA offers zl.400 million loan for Warsaw transport
Bank Pekao SA is to provide two loans worth in total zl.400 million for the
improvement of Warsaw's transport infrastructure. One loan, worth zl.210
million, is to be used for the on-going expansion of the underground train
system and the purchase of carriages, and the other, of zl.190 million, has
been earmarked for the development and reconstruction of the city's roads.
The loan contract was signed yesterday by Warsaw Vice Mayors Jacek
Zdrojewski and Wojciech Kozak, while Bank Pekao was represented by
management board chairperson Maria Wisniewska. According to Zdrojewski, part
of the loan will help complete Gdanski Station and continue construction of
the line to Plac Wilsona. Bank Pekao won the right to provide the credit in
a tender organized by the City of Warsaw management office. The unsuccessful
bidders included PKO BP, Bank Przemyslowo-Handlowy, and BIG Bank Gdanski.
(Prawo i Gospodarka, p. 9) A.Z.
