Polish State Reilways (PKP) to gain on Euro 2012

20 February 2012

It turns out that someone may actually benefit from the government’s failure to complete the Euro 2012 infrastructure plan. Polish rail operator PKP Intercity is expecting to take advantage of the various unfinished roads to improve its image, and to rake in some unexpected profit during this year’s European Football Championships. “I am hoping for results similar to the best month of last year,” Janusz Malinowski, PKP Intercity CEO told the daily Dziennik Gazeta Prawna. PKP is looking to double the number of its passengers and plans to expand the number of the connections, envisioning up to 120,000 customers a day during the tournament. PKP CEO expects the company make a profit of PLN 25m in June alone, when the European Championships kick off. PKP even hopes to avoid losses for 2012, which would be quite a switch from previous years. In 2011, the company is expected to report a net loss of PLN 27m following an even deeper plunge in 2010, when it lost PLN 136m.

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