EC approves EUR 92 mln rolling stock investment in Poland

The European Commission on Thursday approved a EUR 92 million investment into Polish rail carrier PKP Intercity's rolling stock, to be financed from the EU's structural funds.

The new projects will bring tangible benefits to both local residents and tourists, said Elisa Ferreira, the EU cohesion and reforms commissioner.

An efficient system of public transport will shorten travel time and encourage people to leave their cars at home as well as improve the safety of travel and reduce CO2 emissions, according to Ferreira.

PKP Intercity will spend the EUR 92 million on the purchase of 183 railway carriages, 20 electric engines and six rail vehicles.

EC data show that the average age of PKP Intercity's rolling stock is 29 years for carriages and 33 years for engines.