The European Union (EU) has approved a loan worth approximately zl1.2bn (nearly $315m) for the Polish Government to renovate and construct 55 railway stations.

The fund will also be utilised for the construction of the Bolków bypass located in south-western Poland.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

A total of eight co-financing contracts were signed by the Centre for EU Transport Projects (CEUTP) with Poland’s national railway operator PKP Polskie Linie Kolejowe (PKP) and the General Directorate for National Roads and Highways.

Additionally, the EU loan will be earmarked for traffic expansion on railway line 93 and improvements to passenger information on the network managed by rail operator PAP.

Poland Infrastructure Minister Andrzej Adamczyk said that the European Union will also co-finance the construction of the Bolków bypass and its link to the S3 expressway.

“The EU has co-financed the construction and modernisation of nearly 900km of railway in Poland.”

Adamczyk stated that: “This is a road, which runs southwards to our neighbours and connects there with the European road system.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Joanna Lech of the CEUTP announced that the combined value of the projects is about zl1.8bn ($471.5m), of which the EU is co-financing zl1.2bn ($315.17m) from the Operational Programme Infrastructure and Environment 2014-2020.

The projects are expected to be concluded between 2020 and 2022.

Minister of Investment and Development Kwieciński said: “At the moment, Poland is the biggest building site in Europe.”

He further stated that zl91.3bn ($23.94bn) has already come into Poland from the Operational Programme Infrastructure and Environment 2014-2020 for the biggest infrastructural investments.

Kwieciński  added: “At the same time, we have absorbed nearly 80% of funds from this programme.”

Till now, the EU has co-financed the construction and modernisation of nearly 900km of railway in Poland.

Furthermore, it has financed the acquisition and improvement of over 500 rail vehicles, such as wagons and locomotives.