In brief

• BGK singled out Kraków's MPK in its summary of how Małopolska is using the KPO, where over PLN 2.1 billion has been committed.
• MPK signed agreements with BGK for a PLN 750 million KPO loan, at a fixed rate of 1 percent, repayable over 20 years.
• The money will go toward trams from PESA Bydgoszcz, to be delivered in 2028–2029.
• The contracts cover three types of railcars, including 35 single-ended vehicles financed from the KPO.

Recognition in the BGK summary

Bank Gospodarstwa Krajowego compiled an overview of how Małopolska is using the Krajowy Plan Odbudowy i Zwiększania Odporności (National Recovery and Resilience Plan), and in this review pointed to Kraków's Miejskie Przedsiębiorstwo Komunikacyjne (MPK w Krakowie skuteczne wykorzystuje środki z KPO na poprawę jakości życia mieszkańców – Miejskie Przedsiębiorstwo Komunikacyjne S.A. w Krakowie). Total KPO commitments in the region exceeded PLN 2.1 billion (Krakowskie MPK wyróżnione za skuteczne wykorzystanie środków z KPO - HaloKraków.pl – halokrakow.pl). The summary was published on Thursday, 29 October.

The bank rewarded the carrier for using EU funds on projects serving the green transformation of cities: environmental protection and strengthening local communities.

Loan on favorable terms

The recognition is linked to the agreements the carrier signed with BGK this year. Their total value is PLN 750 million in loans from KPO funds. The terms are favorable: a fixed rate of 1 percent and repayment spread over 20 years.

New PESA trams

Funds from this loan are earmarked for trams that PESA of Bydgoszcz will deliver to Kraków in 2028 and 2029. The contracts cover three types of railcars. From the KPO pool, the carrier will finance the purchase of 35 single-ended vehicles, 33 and 43 metres long.

Once the purchases are completed, high-floor vehicles are expected to disappear from Kraków's routes.