The European Bank for Reconstruction and Development (EBRD) plans to support the development of renewable energy projects in Poland. In 2019, it wants to invest more than in 2018, PAP has been told by an EBRD director.
For now, it is unclear where the service centres might be built. Specialist website elektrowoz.pl suggests that at least two locations will be chosen, such as Poznań and Kraków, with Wrocław, Rzeszów and Katowice also possibilities.
Managed by a Warsaw venture capital firm the fund will focus on sectors such as fintech and mobility.
By the end of 2018, nearly PLN 119.2 billion (EUR 27.9 bln) was invested in special economic zones since their establishment, the capital invested there came from Poland, Germany, the Netherlands, Luxembourg and the USA, the Entrepreneurship Ministry said.
The share of each participant will be calculated depending on its free float, the amount of shares that are in the public’s hands. The share of the biggest companies will be capped at 10 percent.
The report from Ernst & Young placed Warsaw 6th in terms of attractiveness for new investment, with the authors noting that “competition between European cities for investment has never been more equal — or intense.”
Poland is the most attractive investment destination in its region and ranks sixth in Europe as a whole, behind Great Britain, France, Germany, Spain and Belgium, according to a new survey by professional services company EY.
A Japanese automotive parts manufacturer, Mitsui High-tec (MHT), will build in Poland its first European factory of motor cores for hybrid and electric cars, the Polish Investment and Trade Agency (PAIH) said in a statement on Tuesday.
Michelin will invest PLN 169 mln (EUR 39 mln) in its plant in Olsztyn (north-eastern Poland) to increase production, the company said in a press release.
The director of Iraq's National Investment Council, Ahmed al-Zubaidi, in Warsaw for a two-day Polish-Iraqi Business and Investment Forum, has said he wants Poland to be more active on the Iraqi market.