Businessmen help Intercity railway operator survive dead season

opublikowano: 20-03-2007, 12:21

Warsaw (Puls Biznesu) – 60 percent of the passengers of PKP Intercity are businessmen, managers and salesmen. The company expects another good year after record 2006 when it had PLN 30m (EUR 7.7m) of  net income.

It looks like PKP Intercity (PKP IC) has an income in the first quarter for the first time in its history. So far, the company has had losses in winter. The business used to be very seasonal one: during holidays trains were full while in fall and winter they carried air. The January-February results show that the situation has changed.

“Since October, the number of passengers has stayed more or less the same as in summer”, Czeslaw Warsewicz, PKP IC CEO said.

For the first time in 17 years, PKP managed to increase the number of passengers in 2006. It was an 11 percent increase to over 10m passengers. 60 percent of them were business clients, including businessmen, managers and salesmen. The company is raising comfort, modernizes its restaurants carriages and is going to introduce business papers. It plans to offer faster connections and increase the number of trains. The CEO assures that prices will not grow.

The company wants to have 11.4m passengers this year. Czeslaw Warsewicz hopes that sales will grow by at least 10 percent. The net income will be similar to the one generated last year.

(PLN 1 = EUR 0.258)

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