PKP PLK plans PLN 10 billion CAPEX for this year

State-owned railway operator PKP PLK intends to complete projects worth PLN 10 billion this year, using both funds from the EU and the state budget. “This is the most ambitious task in the history of PLK and a huge challenge for a company that is responsible for the efficient and safe passage of thousands of passenger and cargo trains on a daily basis,” the company said. In 2017 alone, PKP PLK signed agreements for the National Railway Program (KPK) worth over PLN 18.5 billion. On top of that contracts worth over PLN 25 billion are underway. KPK aims to upgrade Poland's railway infrastructure by 2023 for estimated PLN 66 billion total.