- Expansion of competitive/market interactions in the sector: The proposed investment into remote power control will enable the Company to take advantage of the liberalisation of the Polish electricity market by allowing outsourcing to cheapest suppliers;
- Contribution to market-based conduct and skills: Impacts include (a) transfer and dispersion of skills in the areas of business planning and procurement; (b) a strong demonstration effect in delivery and cost-enhancing technology which can be replicated in subsequent capital investment projects; and (c) setting standards for corporate governance and business conduct;
- Contribution to the institutions and policies that support markets: EBRD has been involved with the Polish Railways sector since 1996. The Bank has been a strong advocate and subsequently active supporter of the railway reform programme and the railway sector has benefited to date from two EBRD-funded institutional strengthening loans for labour restructuring and financial restructuring. The reform programme has resulted in transforming the traditionally state-dominated enterprise into a commercially oriented holding group while EBRD, due to its long-term involvement in the sector, is now in a position to consider investing on market terms and conditions into commercially viable companies within PKP Group.
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