- The European Investment Bank (EIB) has joined a financial consortium that will support the company’s modern development and expansion with up to PLN 6.8 billion.
- PESA expects to double the production of rolling stock in its Bydgoszcz plants, thanks to robotisation, automation and technology upgrades.
- Poland will once again be receiving funds from TechEU, the flagship EIB Group programme to boost innovation and strengthen industrial competitiveness in the European Union.
The EIB has signed an agreement with PESA Bydgoszcz S.A. for around PLN 210 million (€50 million), joining an international financial consortium that will support the company’s modern development and further international expansion with up to PLN 6.8 billion. The Bydgoszcz rolling stock manufacturer plans to double production capacity through automation and robotisation, introduce new zero-emission rail vehicles to the market, and expand its international presence.
"The EIB Group’s TechEU programme was created to strengthen the competitiveness of European industry. Thanks to successful restructuring and investment in innovation, PESA has grown into a regional leader in sustainable transport. This new, favourable financing arrangement will support the company's further development in key areas for launching advanced production methods and modern technologies,” said EIB Vice-President Teresa Czerwińska.
PESA anticipates a significant increase in production capacity and revenue thanks to investments in advanced production methods and a series of completely new products, such as trainsets reaching speeds of 200 km/h and zero-emission rail vehicles powered by hydrogen. Implementing these plans will help pursue important EU goals for cutting greenhouse gas emissions and strengthening industrial competitiveness in Poland and Europe. As a result, the EIB financing for PESA has also received backing from an InvestEU guarantee.
This is yet another allocation of funds in Poland this year from the TechEU programme, which has already been used to support the University of Silesia (PLN 200 million) and the company Synerise (€25 million). By the end of 2027, the EIB Group will invest €70 billion under TechEU in projects in the fields of artificial intelligence, quantum computers and digital infrastructure, biotechnology and advanced medical technologies, security and defence, clean energy, and semiconductors. Through this, the Bank plans to mobilise as much as €250 billion of new investment in Europe in these strategic areas.
Background information
EIB
The EIB is an EU body created to finance investments that pursue EU policy objectives. Owned by the Member States, its role is to provide long-term loans aligned with its eight core priorities. It works to create a stronger Europe and promote global prosperity by supporting investments in climate and the environment, digitalisation and technological innovation, security and defence, social and territorial cohesion, agriculture, social infrastructure development, and the capital markets union.
The EIB Group, which also includes the European Investment Fund, signed new financing agreements totalling nearly €89 billion in 2024. These included more than 900 high-impact projects that will support Europe’s economic competitiveness and security. Around half of EIB financing within the European Union goes to cohesion regions, where per capita income is below the EU average. Last year, the EIB Group invested €5.7 billion in Poland.
InvestEU
The InvestEU programme provides the European Union with key long-term financing by mobilising significant private and public resources to support sustainable economic recovery. The InvestEU Fund is implemented by financial partners who invest in projects using an EU budget guarantee of €26.2 billion. The entire budgetary guarantee backs the implementing partners’ investment projects, increasing their risk-bearing capacity and helping mobilise at least €372 billion of additional investment.
PESA
PESA Group is the largest manufacturer of rolling stock in Poland and a regional leader in a phase of dynamic growth. It has some 4 000 employees at its plants in Bydgoszcz and Mińsk Mazowiecki. PESA trains and trams run in all regions of Poland and most major cities, as well as in several European countries. PESA trams are used by residents of European capitals like Warsaw, Kyiv, Tallinn and Sofia. Its trains carry passengers for Germany’s Deutsche Bahn railway, Italy’s Trenitalia, Czechia’s České Dráhy and RegioJet, and Poland’s PKP Intercity, among others. Between 2004 and 2024, PESA delivered almost 2 000 vehicles to the Polish and European markets.