Business will receive support. Especially in risky markets

• Six institutions of the Polish development system create the Team Poland brand.
• - Our goal is to reduce the risk of investing in Ukraine and to design our strategy in such a way that we can start taking action immediately after the end of the war - said Paweł Kowal.
• - The Polish economy has been developing impressively for 35 years . This year we are counting on 4% economic growth. Exports from Poland amounted to EUR 350 billion - emphasized Andrzej Domański, Minister of Finance.

Six institutions of the Polish development system create the Team Poland brand. Products and services supporting the international expansion of enterprises will be offered under it. The synergistic approach - a combination of offers, competences and experience - is to make the development institutions from the PFR Group more effective in increasing the competitiveness of Polish companies.

Team Poland – this is a new philosophy and a new dimension of support for enterprises that want to invest abroad – emphasized Piotr Matczuk, Chairman of the PFR Group Council.

The new program will be the first comprehensive support mechanism for enterprises. Initially, it will be aimed at investments in Ukraine under the Team Poland Ukraine program, will support 35 products for companies and will have a corresponding virtual assistant.

The Team Poland initiative for Ukraine was announced on Monday jointly by the Polish Development Fund (PFR), the Industrial Development Agency (ARP), the National Economy Bank (BGK), the Polish Investment and Trade Agency (PAIH), the Export Credit Insurance Corporation (KUKE) and the Polish Agency for Enterprise Development (PARP).

Andrzej Domański, Minister of Finance, emphasized – the Polish economy has been developing in an impressive way for 35 years. During this period, it has shown its resistance to crises. This year, we are counting on 4 percent economic growth. Export from Poland amounted to EUR 350 billion. Our companies not only invest, but also participate in international tenders. More and more Polish companies are maturing for expansion.

Team Poland is more than just technical support, but also a whole package of cooperation between public institutions and business.

Polish companies must play a key role in the process of rebuilding Ukraine. The head of the Ministry of Finance added that on Thursday, during the summit in Rome devoted to the reconstruction of Ukraine, he will talk to the Ukrainian Minister of Finance about increasing the participation of Polish companies in the reconstruction of this country. At the same time, he pointed out that Team Poland is not a one-dimensional program. "We are starting from Ukraine," Domański informed, adding that the PFR Group is also thinking about supporting Polish companies that want to expand to various places in the world. Team Poland is not a one-dimensional project and PFR is planning further editions in the Western Balkans or Central Asia.

In turn, Minister of State Assets Jakub Jaworowski noted that cooperation with Ukraine within the framework of the new project assumes the expansion of Polish business not only in sectors directly related to the war. 2,600 Polish companies operate in Ukraine. Polish companies have proven that they are able to produce the highest quality goods. The new program is to remove some of the risk from Polish companies investing in Ukraine. The Polish minister also noted that the economic expansion of Polish business in the eastern direction is an opportunity for Ukraine, in its broadly understood process of integration with the West.

Team Poland will be an element of building a positive narrative about the Polish economy in the world

- The Polish economy is currently at the level of the largest economies in the world. Poland needs to strengthen its positive narrative. Team Poland will provide investment support as well as regional cooperation. Our activities should be aimed at cooperation with those partners who have values ​​similar to ours - emphasized Secretary of State at the Ministry of Foreign Affairs Władysław Teofil Bartoszewski.

Team Poland is to help Polish businesses get into the "starting blocks" as the process of rebuilding Ukraine begins

Paweł Kowal, the plenipotentiary for the reconstruction of Ukraine, explained - the creation of Team Poland is a kind of culmination of activities in the area of ​​support for Polish business in Ukraine. Our goal is to reduce the risk of investment in Ukraine and to arrange our strategy in such a way that after the end of the war in Ukraine, we can start working immediately. The first pillar is the connection of business with the market. The second pillar is export and the third is investment - the politician stated.

- At the current stage of the war, any investments in Ukraine are very difficult for Polish business - emphasized Bogdan Zawadewicz, director of the Geopolitical Risk Analysis Office, Bank Gospodarstwa Krajowego.