Torpol is planning PLN 22.9 million in capital expenditure in 2022

Torpol is planning capital expenditures of PLN 22.9 million this year, the company said in the presentation. Investments will mainly concern the purchase of equipment and machines for the modernization of railway lines, vehicles for the repair and assembly of the traction network, means of transport and further development of ERP software.

"We assume capital expenditure for this year at the depreciation level," said president Grzegorz Grabowski during the press conference.


Last year, the company invested PLN 37.6 million, which accounts for 79.3% of the plan's implementation, including all key investments.

Torpol specializes in the construction and modernization of stations, railway lines and routes as well as tram lines. The company made its debut on the GPW main market in 2014. Consolidated sales revenues reached PLN 1,121.42 million in 2021.

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