April 24, 2018 8:47 AM ET

Road and Rail

Company Overview of Pkp Intercity Sp.Z.O.O.

Company Overview

Pkp Intercity Sp.Z.O.O. provides long-distance passenger transport services. The company offers domestic and foreign transport services for passengers; and group journeys, executive compartments, color intercity cards, and railway cars and trains for hire for businesses. The company was founded in 2001 and is based in Warsaw, Poland. Pkp Intercity Sp.Z.O.O. operates as a subsidiary of Polskie Koleje Panstwowe S A.

Aleje Jerozolimskie 142 A

Warsaw,  02-305

Poland

Founded in 2001

Phone:

48 22 474 5500

Fax:

48 22 474 4351

Key Executives for Pkp Intercity Sp.Z.O.O.

Pkp Intercity Sp.Z.O.O. does not have any Key Executives recorded.

Pkp Intercity Sp.Z.O.O. Key Developments

PKP Intercity Announces Operating and Earnings Results for the Year 2017

PKP Intercity announced operating and earnings results for the year 2017. The company reported PLN 270 million net profits in 2017, a sharp rise on PLN 47 million profits in 2016. The company carried 42.8 million passengers in 2017, up by 11% y/y and above its own guidance for 39.2 million.

PKP Intercity Planning To Sell Wars

Pkp Intercity Sp.Z.O.O. is planning to sell Wars S.A.

PKP Units Not To Be Privatized

The Chief Executive Officer of Polskie Koleje Panstwowe S.A. said that there is no need to privatize the units of the group. He added that the company has a good freight operator PKP Cargo Spólka Akcyjna (WSE:PKP), a good long distance passenger train operator Pkp Intercity Sp.Z.O.O. and the privatization of the rail network infrastructure manager PKP Polskie Linie Kolejowe S.A. is out of the question.

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