PLK to sign infrastructure improvement contract today

Polskie Linie Kolejowe (PLK), the PKP company responsible for managing the national railway network, is to sign two contracts today with consortiums that will be responsible for the modernization of the system's infrastructure. The joint value of both contracts amounts to EUR 7.6 million. The investment for which the works will be done is to commence this year, last for another two and cost around EUR 111 million. "The project encompasses 326 km of railway tracks," said company president Tadeusz Augustowski. Three quarters of the investment will be financed by the EU as part of its ISPA fund, while the remaining costs will be covered by the state. (Puls Biznesu, p. 7) A.K.