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PKP PLK used 95% of the EU funds planned for investments this year

PKP Polish Railway Lines (PKP PLK) used approximately 95% of the EU funds planned for investments this year, stated Maciej Gładyga, the deputy director of the railway transport department within the Ministry of Infrastructure and Development. 

According to him,  investments in developing the railway infrastructure are made in line with the The Multi-Annual Program on Railway Investments until 2015,  agreed by the Council of Ministers, in 2013. The program includes 140 investment projects in the context of 2007-2013 financial framework, of which 62 investments are co-financed ​​under the Operational Programme Infrastructure and Environment (PO IiŚ) and 29 under the Regional Operational Programme (RPO). 

PKP PLK has already made use of approximately 95% of the PLN 6 billion (EUR 1.4 bn) round of funding available under PO IiŚ and RPO until the end of this year.  

Since 2007,  PKP PLK signed a total of 53 project financing agreement with EU, worth PLN 26 billion. By the end of 2014,  the company plans to sign another three financing agreements, with a total value of than PLN 1.7 billion.


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