Skip to main content

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

  • Keolis wins mass transit contracts in Lyon and Nîmes
    April 5, 2024
    Six-year deals in French cities include bus, trolleybus and on-demand operations
  • First EV fast charging points operational in France
    June 1, 2015
    Two electric vehicle (EV) charging points have gone into service as part of the Corri-Door project, which benefits from almost US$6.5 million funding under the EU TEN-T Programme. The aim of the Corri-Door project is to enable an interoperable fast charging network and foster rapid electric vehicle deployment in France and in Europe. The two first fast charging points went service in the Bosgouet Nord rest area on the A13, 128 kilometres from Paris and Tardenois Nord rest area on the A4, 97 kilometres f
  • SkyTrain signals more work for Thales
    September 29, 2020
    Contract win extends manufacturer's SelTrac CBTC footprint in Vancouver’s mass transit system
  • Amsterdam Group turn ITS theory into practice
    August 6, 2013
    ASECAP’s Marko Jandrisits discusses the Amsterdam Group’s efforts to bring a sense of order to cooperative ITS deployments. When an issue arises which is deemed to require a technological solution governments and public-sector agencies around the world all too often tread the same sorry path. A decision is made to research and develop said technology to the production-ready stage, the work is done and the technology realised but then the money for deployment runs out and the technology is left on the shelf