EIB increases support for high-speed trains

The European Investment Bank (EIB) is increasing its loan for Poland’s PKP Intercity’s Pendolino trains from US$288 million to US$440 million. The project consists of the purchase of twenty modern high-speed trains and the construction of an associated maintenance depot in Warsaw. With the increase of financing, the bank aims to ensure smooth project implementation by completing the financing plan. The high-speed passenger connections will be available between Gdynia, Warsaw and Krakow/Katowice, part of a T
May 16, 2013 Read time: 2 mins
The 4270 European Investment Bank (EIB) is increasing its loan for Poland’s PKP Intercity’s Pendolino trains from US$288 million to US$440 million. The project consists of the purchase of twenty modern high-speed trains and the construction of an associated maintenance depot in Warsaw. With the increase of financing, the bank aims to ensure smooth project implementation by completing the financing plan.

The high-speed passenger connections will be available between Gdynia, Warsaw and Krakow/Katowice, part of a Trans-European Transport Networks project connecting Gdansk, Warsaw, Brno/Bratislava and Vienna. Further high-speed train services are now also expected to be provided to Gliwice via Katowice, to Wroclaw via Opole and to Rzeszow via Tarnow. Services with the new trains may start in December 2014.

With the EIB strongly encouraging a shift from cars towards rail transport, the new trains will provide time savings and assure high levels of passenger safety and comfort. The related depot has been built on an existing railway site close to Warszawa Grochow and will cater for the maintenance and servicing of new trains.

The modern technology trains co-financed by the EIB will replace obsolete equipment and comply with applicable European standards for passenger safety, noise emissions and access for persons with reduced mobility.

For more information on companies in this article

Related Content

  • Improving the positional accuracy of GNSS road user charging
    July 23, 2012
    The European GINA project is intended to address and overcome many of the institutional, technical and public acceptance hurdles currently faced by satellite-based road user charging schemes. Dave Tindall and Denis Naberezhnykh, TRL, and Laure Dezes, ERF, write. Pay-as-you-drive Road User Charging (RUC), whereby demand (or congestion) is managed by applying appropriate tariffs in order to encourage drivers to make their journeys at less busy times, on less congested routes or even on different modes, could
    Read More
  • Machine vision’s image of road management’s future
    June 11, 2015
    Q-Free’s Marco Sinnema looks at how the commoditisation of high-quality vision-based solutions is widening their application. Machine vision technology’s entry into the ITS/traffic management sector has followed a classic top-down path. This is unsurprising given the extremely demanding performance criteria which are the standard in its market of origin, manufacturing processing. Very high image qualities combined with frame rates often in the hundreds per second range resulted in vision systems with capabi
    Read More
  • Cohda trial proves C-ITS can work in tunnels
    August 29, 2019
    Connected cars require uninterrupted signals to ensure driving safety. Going underground creates problems – but a trial in Norway suggests that there might be light at the end of the tunnel… As connectivity becomes increasingly important for transportation – in particular for connected and autonomous vehicles (C/AVs) - the problem of ‘blackspots’ and dead zones where signals fail or drop out is a pressing one. But developments early this year suggest that advances in technology might be on the brink of d
    Read More
  • ASECAP conference debates EU’s changes to concessions
    April 30, 2015
    Colin Sowman picks some highlights from a one- day ASECAP Conference about the EU's new regulations on Concessions. ASECAP, the association of European tolling companies, has outlined the scale of the challenge facing authorities and tolling companies in complying with the European Union’s Directives 2014/23/EU and 2014/24/EU in a new report and at a special conference in Brussels.
    Read More

Highlighted Content