Polish agency suspends servicing Russian investments

PAIH, part of the Polish Development Fund (PFR) Group, supports the inflow of foreign direct investments to Poland and Polish investments in the country. It operates both in Poland and through Foreign Trade Offices. PAIH

Due to Russia's aggression towards Ukraine, the Polish Investment and Trade Agency (PAIH) has suspended servicing Russian investments and investors operating in Poland, the PAIH wrote on Twitter on Saturday.

Saturday marked the third day of the Russian invasion of Ukraine, described by the Russian authorities as a "military operation" in that country.

The director of the PAIH's partnership and communication department, Marcin Graczyk, told PAP on Saturday that the Agency's offices in Minsk and Moscow remain open.

"For the time being, we are not planning to close these offices for the sake of the safety of Polish entrepreneurs who may need help," he said.

Graczyk added that the PAIH Foreign Trade Office in the Ukrainian capital "is working remotely."

PAIH, part of the Polish Development Fund (PFR) Group, supports the inflow of foreign direct investments to Poland and Polish investments in the country. It operates both in Poland and through Foreign Trade Offices.