PKP announces investment plans

PKP's management plans an additional investment of zł.450 million in new rolling stock, which will be financed partially by the regional aid scheme and partially by the floating of shares. In June and October other tranches of the bonds issue are estimated to finish the process of financial restructuring and to pay off the company's debt. The financial condition is expected to be further improved by the privatization of the Cargo Company and by the sale of its shares on the stock exchange. (Puls Biznesu, p. 4) M.G.