Several agreements were signed by the Ministry of Funds and Regional Policy of Poland and BGK, a Polish state development bank, which provide for the establishment of a PLN 250M ($65M) special fund to support Polish small and medium-sized enterprises that want to participate in Ukraine’s reconstruction.
Support for various ongoing business opportunities, such as acquiring real estate and equipment is expected. Within the project’s framework long-term loans of up to PLN 10M ($2.5M) with low interest rates will be made available. This mechanism should be operational in 2025.
Two more agreements were concluded between BGK, PrivatBank, and Kredobank, each for €10M. European funds will provide bank guarantees for projects related to the reconstruction of Ukraine’s energy capabilities.
The forum also discussed the creation of a Polish fund, which will become a driving force for Polish companies that will use the European Ukraine Facility program.