_Cropped.jpg)
Poland’s state-owned passenger trains service PKP Intercity picked the Swiss rolling stock maker Stadler to supply 12 new trains in a contract worth PLN1bn (€234mn), PKP Intercity said on July 11.
Stadler, which has a factory in the Polish town of Siedlce, offered to supply the trains just under the budget assumed by PKP Intercity in tender specifications. The Swiss company beat the consortium of Poland’s PESA and ZNTK Minsk Mazowiecki to the contract.
PKP Intercity has been replacing old trains with new stock that is able to run faster – up to 160 kilometres per hour, currently the top speed on Polish railway tracks – and are more comfortable.
The new trains will run between popular routes linking Poland’s third largest city Wroclaw with Lublin, the biggest city in the eastern part o the country, and Kielce, an important city in central Poland. Both routes also run through Warsaw.
PKP Intercity carried 46mn passengers in 2018, a growth of 8% versus 2017.
Related Articles
Non-performing loans hit historic low in CESEE, but early warning signs emerge, says EBRD
Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more
Malawi-focused Mkango Resources' unit to merge with US-based Crown PropTech
Lancaster Exploration (Lancaster), a subsidiary of Mkango Resources (Mkango), has announced a merger with Crown PropTech Acquisitions (CPTK), a US-listed special purpose acquisitions company. ... more
Glass wool production restarts in Hungary after 16-year hiatus
Glass wool manufacturing has resumed in Hungary after a 16-year break, as the first trial products rolled off the production line at a new thermal insulation plant built in northeastern Hungary ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
20 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago