Budimex has a contract to rebuild the plant in Ełk for a net PLN 587 million – Inwestycje.pl

The railway manager said PKP Polskie Linie Kolejowe had signed a contract with Budimex for a project and construction work on the stations in Ełk for a net of about PLN 587 million.

PKP Polskie Linie Kolejowe SA has signed a contract worth approximately PLN 587 million for the reconstruction of Ełk Station, Ełk Szyba Wschód Station and Ełk Towarowy Station. The contractor for the design and construction work is Budimex SA Investments in Ełk, this is the first phase of works in the Biaystok – Ełk section, as part of the project ‘Works on the E 75 line, Biaystok – Suwałki – Trakiszki section (state border), Phase 1, Biaystok – Section Ełk ”- we read in the version.

Thanks to the investment, passengers will have a comfortable Ełk station. All three platforms will be raised and expanded, which will greatly facilitate access to the trains. At the Ełk Szyba Wschód station, it is planned to build two platforms with a single edge of 200 meters in length. Ełk Towarowy station will be able to receive trains with a length of 740 metres. New devices and systems available in the local control center Ełk will provide a higher level of safety in rail traffic.

In terms of investments in Ełk, among others, the replacement of about 45 km of tracks and the overhead line and 118 turnouts. Increased safety in rail and road traffic will be ensured by two new railway bridges over ul. Towarowa and ul. Railroad. Facilities will replace crossings. The adopted solution will greatly improve communication in the city. The railway bridge over the Mujahideen. Suwałki. It was also reported that the railway bridge over the Ike River would be modernized.

The investment is due by the end of 2023. The reconstruction of the plant is co-financed by the European Union from Connect Europe Facility (CEF) – Connecting Europe.

Budimex has been listed on the Warsaw Stock Exchange since 1995. The strategic investor of the Spanish company Ferrovial. In 2020, it had 8.38 billion PLN of consolidated revenue.

Source: ISBnews