PKP restructuring & privitisation project

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Financing part of severance payments under the PKP Labour Restructuring Programme, which forms part of the overall PKP Commercialisation, Restructuring and Privatisation Programme. The project is designed to improve the productivity and competitiveness of Polish rail transport services by funding labour severance payments in accordance with the railway restructuring programme. Commercialisation and market expansion The project supports: Frameworks for markets The proposed project and associated TC operation will assist PKP management in the preparation of a privatisation strategy for a sector traditionally dominated by state ownership. Market-based conduct, skills and innovation Impact includes: Polskie Koleje Panstwowe SA (PKP) – Polish National Railways Holding Company. Loan of €100 million. €220 million. There is no environmental impact related to the project. TC funding will be used for consultancy services to assist PKP management in its preparation of the privatisation strategy.