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Reference: 20110254
Release date: 17 April 2012

Promoter – Financial Intermediary

PKP CARGO SA

Location

Description

The project comprises the modernisation of diesel locomotives, the purchase of new electric locomotives and of open and intermodal freight wagons, and the construction of an intermodal terminal.

Objectives

The project will increase the quality of the freight transport services provided by the promoter, and thereby will promote sustainable transport solutions in line with EU objectives.

Sector(s)

Proposed EIB finance (Approximate amount)

PLN 200 million (EUR 51 million)

Total cost (Approximate amount)

PLN 600 million (EUR 152 million)

Environmental aspects

Rolling stock does not fall under either Annex I or Annex II of the Environmental Impact Assessment Directive 85/337/EEC as manufacturing and use of rail rolling stock is not included in either list. Should there be associated refurbishment or construction of maintenance or terminal facilities included in the project scope, the application of the Directive will be ascertained.

Procurement

The promoter is a state owned company operating in a market open to competition. The Bank’s services shall confirm during appraisal that the proposed arrangements are in compliance with the Bank’s Guide to Procurement.

Status

Signed - 3/12/2013

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Poland Transport