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PKP IC president does not see salvation in privatization

This year, PKP IC is likely to lose around zł.30 million. The carrier has already spent zł.140 million on new fleet over the past three years, including a loan-financed purchase of 10 new cars for the train to Brussels. The company will ask the Infrastructure Ministra for an allotment of EU funds to finance new purchases. PKP IC will soon receive a majority stake in Wars, which owns around 500 sleeping and couchette cars, most of them in need of replacement. One possible solution to PKP IC's woes is privatization. However, company president Andrzej Żukrowski is not convinced that this is a good idea. He point out, "One needs to remember that enterprises such as ours have not been privatized anywhere in Europe". (Puls Biznesu, p. 11) T.J.

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