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Business in brief

11th September 2009

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High-speed trains will link Poland's major cities by 2012, writes Gazeta Prawna.

Fast trains travelling up to 250 km per hour will run first via Warsaw to Gdansk, Krakow and Katowice, but not to Poznan and Berlin. PKP Intercity plans to invest EUR 400 mln to purchase new train cars for the lines.

Prime Minister Donald Tusk announced Tuesday that Treasury Minister Aleksander Grad would keep his job despite the failure to privatize the Gdynia and Szczecin shipyards. Tusk had earlier said Grad's future in the post depended on successfully carrying through the recently scuttled sale of the shipyards to Qatari investors. The EC has agreed to grant Poland more time to find a new investor.

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