Warsaw Metro Line II extension



Project number:


Business sector:

Municipal and environmental infrastructure

Notice type:


Environmental category:


Target board date:

23 May 2018


Concept Reviewed

PSD disclosed:

10 Nov 2017

Transalted version of this PSD: Polish

Project Description

Provision of a senior loan of up to PLN 400.6 million to co-finance acquisition of up to 45 metro trains required by the Warsaw Metro in connection with the expansion of its second line.

Project Objectives

The expansion of Metro Line II is an important investment in the development of high-capacity public transport in Warsaw, which is expected to reduce traffic congestion in the City of Warsaw, lower the overall carbon footprint of the urban transport sector, and bring additional modal shift from personal cars and busses to the subway system.

Transition Impact


The Project is fundamental for the increased share of the public transportation in the daily commuting modes and to the success of achieving the reduction of CO2 emissions as well as reduction of fine particles and traffic congestion levels. In addition to that, the Project is expected to bring additional energy efficiency through the replacement of the old and less efficient metro trains.

Client Information


Metro Warszawskie Sp. z o.o. ("Warsaw Metro" or the "Company"), a limited liability company wholly owned by the City of Warsaw and providing urban transport services on the subway line in Warsaw.

EBRD Finance Summary

PLN 400,600,000.00

Up to PLN 400.6 million senior loan to co-finance the new rolling stock to be purchased by the Company, which is part of the Warsaw Metro development project implemented by the City of Warsaw and the Company (the "Project"). It is expected that part of the EBRD financing will be syndicated. The Project is expected to be co-financed from the EU Cohesion Funds, the Company and debt financing.

Total Project Cost

PLN 1,691,486,646.00

The entire value of the Project is currently estimated at up to PLN 1,691,486,646.

Environmental and Social Summary

Category B. Environmental and Social issues associated with the acquisition of new rolling stock can be readily assessed and mitigated based on Environmental and Social Due Diligence ("ESDD"). The Bank has an established relationship with the Company, and an Environmental and Social Action Plan ("ESAP") has been agreed with the Company as part of past financing. The Bank's preliminary in-house ESDD confirmed that the ESAP is being implemented and the Company has the institutional capacity to fully implement the Bank's Performance Requirements ("PR"s). The Company has a good track record in reporting on the ESAP progress.

As part of the current Project the Bank will undertake additional due diligence to ensure that the project is structured to meet the Bank's requirements and an assessment will be made of the status of implementations of the existing ESAP. The ESDD will focus on the rolling stock and review that EU and National environmental, health and safety standards are met. As appropriate the existing ESAP will be updated.

The PSD will be updated based on the ESDD.

Technical Cooperation


Company Contact Information

Anna Barton
+48 22 655 45 31

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.