Two private railway companies look for one investor

14-05-2007, 10:15

Warsaw (Puls Biznesu) – The Polish railway market faces big changes. Two private companies have joined forces to find investor.

 

PTK Holding in Zabrze and PTKiGK in Rybnik, Poland’s third and fifth railway company as far as their market share is concerned, are looking for a strategic investor. He would acquire stakes in both companies along with 3.7 percent market share. The Rybnik firm controls 1.52 percent of the market for the seventh position in the ranking of Poland’s biggest transport companies. The Zabrze railway company has 2.19 percent market share. All private railways carriers have only 17 percent of the market. Zabrze and Rybnik, when merged, will distance PCC Rail Szczakowa and become Poland’s fourth largest railway company, following PKP Cargo, CTL Logistics and PKP LHS.

 

Possible bidders include several Polish and foreign carriers and financial institutions. The transaction may be concluded in the second half of the year. The Rybnik firm has 110 locomotives and 2,000 carriages. The Zabrze company has 100 locomotives and 2,5000 carriages.

 

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