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- W649074893 abstract "The latest figures for Polish State Railways (PKP) indicate that the group is on track for profitability after a decade of declining passenger numbers and freight tonnages. Passenger numbers were up 1.5% in the first seven months of 2006 and PKP Cargo recorded an increase in tonne-km of 3% in the first quarter. A change of government has ended attempts to privatise PKP. A report by the Ministry of Infrastructure published in 2004 recommended major infrastructure investment. Regional passenger operating companies are being established by PKP Regional and regional governments. In 2007, PKP Polish Railway Lines (PKP PLK), the infrastructure manager, will cut access charges by 11%. PKP is likely to be a major beneficiary of the new regime. EU legislation will make Poland more open to foreign operators. In order to generate revenue for investment, PKP Cargo may have to expand its operations abroad. Regional passenger operations are PKP's major challenge in the drive for profitability. The Polish government has announced a significant increase in state funding for the network. PKP PLK is examining cutting the size of the network by 2000km to cover the reduction in its revenue." @default.
- W649074893 created "2016-06-24" @default.
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- W649074893 date "2006-12-01" @default.
- W649074893 modified "2023-09-27" @default.
- W649074893 title "PKP on track for profitability" @default.
- W649074893 hasPublicationYear "2006" @default.
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