PKP to launch deleveraging program

Customers of real estate owned by PKP may voluntary join a deleveraging program, financial director of PKP, Łukasz Szarawara informed ISBnews agency. Those who will decide to join the program will be able to pay their debt in installments. "PKP owns 22 apartments. Some of our tenants have been facing difficulties with timely settlement of liabilities. ... The delevarging program is to help them and motivate them to repay the debt when due. PKP will limit costs thanks to a smaller number of legal proceedings," Szarwara said. Settlement of liabilities in installments alongside with timely paying for the rent (which is the condition of joining the program) without adding interest will be possible on the grounds of an agreement between PKP and each tenant. The project will be valid nationwide for 36 months.