PKP SECOND RAILWAY RESTRUCTURING & PRIVATISATION PROJECT
15 Jan 2002
07 Sep 2001
The proposed project involves supporting the government reforms of the Polish railway industry by upgrading the railway infrastructure and restructuring financial liabilities.
The financial restructuring loan, as provided for under Article 32 of the Railway Restructuring Law, is intended to provide working capital to clear inherited liabilities of the newly formed subsidiaries and prepare for their independent commercial operation, and in some cases privatisation.
The project supports the implementation of the financial restructuring of the railway industry with a view to assist the PKP management and the Polish Government in the expansion of private sector participation in the sector.
Poland will provide one of the first examples of a major railway in central Europe creating and privatising multiple subsidiaries and this experience may be replicated in other countries.
Polskie Koleje Panstwowe SA (PKP) – Polish National Railways SA Holding Company.
€130 million for financial restructuring.
C/0 screened operation. There are no environmental issues associated with the financial restructuring.
Consultancy services to assist PKP management in preparation of the privatisation strategy were initiated in 2000 and are proceeding.
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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