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

  • Optibus optimises Poland buses 
    February 15, 2022
    Mobilis will use Optibus platform to modernise schedules and route planning in Polish cities
    Read More
  • Adopting universal technology platforms for tolling
    July 16, 2012
    Dave Marples of Technolution argues that the continuing development of tolling-specific onboard equipment is leading us up a blind alley. We should, he says, be looking to realise universal platforms with universal application. The near-future automobile contains information systems of a sophistication to rival a jet airliner of only a few years ago, yet is 'piloted' by a considerably less well-trained individual of highly variable mental and physical capacity, and operated in a hostile, unpredictable and p
    Read More
  • Italian consortium to build Naples-Bari high-speed railway
    March 2, 2017
    A consortium of Salini Impregilo and Astaldi has won a contract valued at US$418 million (€397 million) for the design and construction of the Naples to Cancello section of the Naples to Bari high-speed railway line in Italy, part of the Scandinavia to Mediterranean Corridor of the Trans-European Network (TEN).
    Read More
  • UK plans fully integrated transport network to high tech hot spots
    December 9, 2013
    The UK government’s plans to support the country’s burgeoning high-tech industry, centred on London, Cambridge and Oxford, are being facilitated by the Department for Transport (DfT) and its plans for a fully integrated transport network linking each of the three core technical clusters, as well as the wider technical community. The DfT is developing proposals for the construction of a new railway line from Bedford to Cambridge. This would build on the ongoing work on the east-west rail project and compl
    Read More

Highlighted Content