BGK granted PLN 1.5 billion in financing for the purchase of double-decker trains for PKP Intercity

A consortium of Bank Gospodarstwa Krajowego and PKO Bank Polski granted PKP Intercity a long-term investment loan. The financing will be used, among other things, to purchase 42 double-decker trains.

During the 2nd Infrastructure and Economy Forum in Łódź, PKP Intercity announced the conclusion of a loan agreement with Bank Gospodarstwa Krajowego and PKO Bank Polski. The main purpose of the loan is to finance the purchase of 42 double-decker electric multiple units under the agreement of November 12, 2025, with Alstom Polska S.A. The funds obtained may also be used for other key investment projects, including the purchase and modernization of rolling stock, as well as infrastructure investments.

The modernization of the rolling stock will improve the quality of transport services, increase the attractiveness of long-distance train travel throughout the country, and improve accessibility for people with reduced mobility.

'The conclusion of the agreement is an important step in the implementation of PKP Intercity's development strategy. The company is currently implementing one of the largest investment programmes in its history – between 2025 and 2030, we plan to allocate a total of PLN 20.3 billion for this purpose, of which PLN 16.9 billion will be spent on the purchase and modernization of rolling stock, and PLN 3.4 billion on the expansion and modernization of infrastructure and technical facilities. We are implementing these investments using our own funds, funds obtained through financial liabilities, and with the support of EU funds. Diversification of the financing structure allows for optimal capital raising, effective risk management, and consistent implementation of long-term development goals. The financing obtained under the loan agreement will therefore enable the company's further development, which will translate into strengthening our market position. It is worth noting that both BGK and PKO BP are trusted partners with whom the company has been cooperating for years, mainly under bilateral agreements.'

Joanna Siecińska, Member of the Management Board of PKP Intercity

'As Bank Gospodarstwa Krajowego, we have been supporting Poland's socio-economic development for over 100 years. Our role is to provide financing for investments that are important not only for the economy, but also for society as a whole. The economy is a system of interconnected vessels, and transport, especially rail connections, plays a key role in it. This is because, on the one hand, transport is the lifeblood of the economy, and on the other hand, investments in railways influence the development of entire regions, generate new jobs, and provide development opportunities for smaller centers. It can be said that comfortable, fast, and punctual railways are a hallmark of a modern state. That is why I am glad that BGK is financing the purchase of rolling stock for our national carrier.'

Prof. Marta Postuła, First Vice President of the Management Board of Bank Gospodarstwa Krajowego

'Investments in railway infrastructure are one of the key conditions for the country's long-term economic development. Our participation in the consortium financing of PKP Intercity projects confirms the role of PKO Bank Polski as the lender of first choice for strategic infrastructure investments. The development of a modern railway system not only means better and safer transport, which improves the mobility of the population in Poland, but also provides real support for strengthening the domestic component, the so-called local content, through the growing share of Polish companies, technologies, and jobs in large projects implemented in the country. These are investments that strengthen the competitiveness of the economy and build a solid foundation for growth for decades to come.'

Krzysztof Dresler, Vice President of the Management Board of PKO Bank Polski

The total amount of the loan is up to PLN 3 billion. The agreement was concluded on very favorable terms, with a 15-year financing period and a long period of availability of funds. This is stable and predictable support that allows PKP Intercity to consistently implement its ambitious investment programme.