PLN 10 Bln in Loans for Polish Tech Firms

PLN 10 Bln in Loans for Polish Tech Firms

Poland

Polish companies working on new technologies can now access up to PLN 10 billion (EUR 2.36 billion) in loans through a guarantee fund set up by Poland and the European Investment Bank (EIB), the funds minister announced, CE Report quotes PAP

The fund is part of a revised National Recovery Plan (KPO), which aims to boost Poland’s post-pandemic growth. Guarantees worth PLN 670 million (EUR 158 million) will unlock the loan potential, according to the minister.

“Polish companies need investment funding to grow, especially in new technologies. This new fund will help them access profitable loans for these innovative projects,” said Funds Minister Katarzyna Pelczynska-Nalecz.

Tags

Related articles

Lublin Triangle Marks 5 Years of Unity and Support for Ukraine
Foreign ministers of Poland, Lithuania, and Ukraine met in Lublin on Wednesday to celebrate the fifth anniversary of the Lublin Triangle, a regional cooperation initiative.
Duda Pardons Far-Right Activist
Polish President Andrzej Duda has pardoned Robert Bakiewicz, a far-right activist convicted in 2023 for assaulting elderly leftist protester "Grandma Kasia," the General Prosecutor’s Office confirmed Tuesday.
Migrant Attacks Polish Soldier at Belarus Border
A Polish soldier was injured Thursday evening after being attacked by a migrant who crossed the Polish-Belarusian border near Michalow, officials reported Monday.
Russia to Close Polish Consulate in Retaliation
Russia announced it will close the Polish consulate starting August 29, 2025, in response to Poland shutting down the Russian consulate in Krakow earlier this year.
Swiatek Reaches Wimbledon Final
Claycourt specialist Iga Swiatek impressed on grass with a quick semi-final victory over Belinda Bencic at Wimbledon.
Volhynia Massacre Memorial
On July 11, Poland commemorates the Volhynia Bloody Sunday, the day in 1943 when Ukrainian nationalist militants of the UPA attacked around 100 Polish villages in the Volhynia and Galicia regions, killing tens of thousands.
Poland Warns X Over AI Remarks
Poland may take action against Elon Musk's platform X after its AI chatbot Grok made offensive comments about Polish politics and politicians.
EU Loosens Fiscal Rules for Defence Spending
The EU Council has activated the national escape clause of the Stability and Growth Pact for 15 member states, allowing them to boost defence spending without breaching EU fiscal limits.
Sandu Finds Strong EU Support in Warsaw
President Maia Sandu highlighted Poland’s role as a close ally and strong supporter of Moldova’s European integration during her working visit to Warsaw.
Estonian Caught with Migrants at Border
Polish authorities apprehended an Estonian national near the Lithuanian border on Monday for transporting four illegal migrants, likely from Afghanistan, the Border Guard reported.
Poles to Outpace Japan in 2025
At a deregulation forum held at the Warsaw Stock Exchange on Monday, Prime Minister Donald Tusk said Poland's purchasing power is set to overtake Japan's in 2025.
Tusk Stands Firm Amid Tensions
Polish Prime Minister Donald Tusk said Saturday he would complete his mission despite the political challenges, writing on X: “It obviously requires courage and loyalty.