4:59 14 November 2024
PKP Intercity's ambitious growth
PKP Intercity is targeting a major boost in revenue and profitability by 2030. The rail operator expects 80 million passengers this year, surpassing the 68 million recorded to date, and forecasts up to 110 million by 2030. Last year’s profit of PLN 92 million is projected to more than double. To support growth, the company plans a PLN 22 billion investment in new trains, upgrades, and digital systems. A central sales platform costing PLN 100 million will also launch. Profitability aims to reach up to 12%, significantly higher than recent figures. Fitch upgraded the company’s rating outlook to positive, reflecting confidence in its strategy. Funding will come from EU grants, loans, and a capital injection from PKP. PKP Intercity is gearing up for market competition and liberalization expected after 2030.
