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TK picks up

PKP, in a bid to increase TK's capital, gave it PKP's entire telecommunication grid. The value of the transfer was estimated at zł.200 million. According to government plans, the company will be privatized by 2007. TK wants to develop sales to clients outside the PKP group, since the railway does not make use of the whole network. The company already generates 40% of its annual revenues from outside the PKP group.


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