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PKP talks with Przewozy Regionalne regarding debt repayment

Another stage of talks between Przewozy Regionalne and PKP S.A. has concluded. The discussions concerned the repayment of 56 million in debt owed by Przewozy Regionalne to PKP S.A.

The debt arose, among other things, from the rental of space at railway stations. Przewozy Regionalne has failed to meet its rental payment obligations for over half a year. The boards of both companies have agreed on the financial terms of the settlements and the deadlines for Przewozy Regionalne to repay both overdue and current liabilities resulting from the concluded agreements. This means that Przewozy Regionalne has no grounds to liquidate its ticket offices at railway stations. Responding to the latest statement from Przewozy Regionalne dated January 21, the board of PKP S.A. informed that the role of PKP S.A. is to create conditions for passenger service at railway stations in cooperation with all railway carriers on equal and partnership terms. Furthermore, the board of PKP S.A. emphasized that it has never planned to take actions aimed at closing ticket offices.