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PFR

Gloomy unemployment and wage scenarios not true - official

Mateusz Marek/PAP

President of the Polish Development Fund (PFR) Pawel Borys wrote on Twitter on Wednesday that "gloomy predictions regarding unemployment and wages have not come true."

Poland's economy likely to grow by 4-5 pct q/q in Q3 - official

President of the Polish Development Fund (PFR) Pawel Borys on Friday expressed his conviction that Poland's economy was likely to increase by 4-5 percent quarter on quarter in the third quarter of 2020.

Polish firms receive EUR 13.8 billion under anti-crisis package

A total of 345,542 companies employing 3.12 million people have so far received PLN 60.05 billion (EUR 13.75 billion) under the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR head Paweł Borys said on Monday.

Most Polish firms want to maintain employment levels - survey

As many as 83 percent of Polish companies plan for employment to remain unchanged despite the coronavirus epidemic, according to the latest research by the state-owned Polish Development Fund (PFR) and the government advisory body, the Polish Economic Institute (PIE).

V-shape recovery ahead, say economists

The year-on-year 0.5-percent increase in Poland's sold industrial production in June is beating all forecasts.

Polish firms receive EUR 12.9 billion under anti-crisis package

Over 325,300 companies employing 3.02 million people have so far received PLN 58.14 billion (EUR 12.9 billion) under the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR said on Monday.

Polish firms receive over EUR 18 billion under anti-crisis package

The government has so far granted over PLN 81.8 billion (ca. EUR 18.4 bn) in aid to Polish firms within the framework of the financial shield scheme overseen by the Polish Development Fund (PFR), Labour and Social Policy Minister, Marlena Malag has told PAP.

Polish Development Fund sells EUR 4.1 bln in five-year bonds

The Polish investment vehicle Polish Development Fund (PFR) on Friday sold PLN 18.5 billion (EUR 4.1 billion) in five-year bonds at an annual interest rate of 1.625 percent, PFR head Pawel Borys wrote on Twitter.

Polish Development Fund issues four-year bonds worth EUR 3.3 bln

The Polish Development Fund (PFR) began on Monday its first issue of four-year bonds valued at PLN 15 billion (EUR 3.31 billion), PFR President Pawel Borys wrote on Twitter.

Venture Capital funds invest over EUR 232 mln in startups in 2019

The president of the Polish Development Fund (PFR), Pawel Borys, has told PAP that Venture Capital (VC) funds have increased their investment in Polish startups four-fold in the last two years to over PLN 1 billion (EUR 232 million) this year.

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