The Warsaw Voice » Business » News - August 16, 2018
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Railway works in danger
The Polish government cancelled 29 railway tenders worth PLN 1.3 billion in H1 due to bids exceeding the investment budgets. Even more cancellations should be expected in H2 judging from the situation in July, when many tenders were annulled due to lack of offers, daily Rzeczpospolita speculated.
Construction firms fear a looming crisis in railway investments potentially leading to a wave of bankruptcies in the sector similar to the situation observed in 2013, consultancy Multiconsult Polska warned.