Essay 4 - Investing in railways is a key decision for the EU's green future

By Krzysztof Mamiński, CEO PKP, and Assoc. Prof. Jana Pieriegud, SGH - Warsaw School of Economics

Rail is a perfect example of a capital-intensive business with long-term returns on investment that is key to delivering the European Green Deal. To finance rolling stock, maintain and build new rail infrastructure while also progressing on digitalisation, rail companies must find adequate finances beyond customer-driven revenue streams. Drawing on the Polish experience, this essay outlines the bases for viable financial conditions for rail to prosper and offer maximum societal & environmental benefits.