Team Poland for Ukraine instruments to support Polish companies, reduce their risk - assets minister

Poland's minister of state assets Jakub Jaworowski told a conference in Warsaw that there are already 2,600 Polish companies operating in Ukraine, pointing out that they need support which is to be provided by the financial instruments offered by the Polish Development Fund (PFR) Group under the Team Poland for Ukraine initiative.


"The Team Poland programme will support the development of Polish companies in the international arena," Jaworowski said, noting that another Ukraine Recovery Conference will be held in Rome next week and the Team Poland programme will be present there.

On July 10-11, 2025, the brand Team Poland for Ukraine will be presented in Rome as part of the side events of the Ukraine Recovery Conference.

"In 2024, about 25 percent of Poland's fuel exports went to Ukraine which means that these exports have increased eightfold in three years, but this is still not much, because the export of military equipment increased 23 times in the same period," Jaworowski reported.

He added that Poland is a transport hub for fuels as well, recalling that Norway has decided to transfer a billion dollars’ worth of gas to Ukraine and that this gas will be transmitted through the Polish infrastructure.

"It is also exports and trade in areas not directly related to the conduct of warfare (...). There are already 2,600 Polish companies operating in Ukraine in a wide range of sectors," the minister of state assets pointed out.

"We know from World Bank analyses that the cost of rebuilding Ukraine is estimated at around USD 500 billion, it is hard to imagine better predisposed companies to take part in this huge undertaking than Polish companies," he added.

According to the minister of state assets, Polish companies will still need support as their competitors from other countries come from stronger economies, which are able to generate support at the highest level. Thanks to the Team Poland programme, the domestic enterprises will be also very strongly supported by Polish public sector.

He explained that this will be the so-called de-risking, i.e. taking part of the risk burden off the business owners' shoulders, including political risk.

Among the main sectors of activity, he mentioned energy, security and construction.

According to Poland's finance minister Andrzej Domanski, the data shows that exports are an important element in building the strength of the Polish economy in the next decades.

"EUR 360 billion was the value of Polish exports of goods and services last year. Of this amount, EUR 37 billion currently comes from the export of high-tech goods and services, from the export of these most advanced goods, and this is obviously a share that does not satisfy us as an economy. We would like them to have a higher share and here we all still have a lot of work to do," Domanski said.

However, as he noted, more and more Polish brands are recognised internationally, and Poland is becoming a logistics, energy and manufacturing hub in the region.

"We are starting today with Ukraine (...). Poland's exports to Ukraine have increased by 135 percent compared to the period before the Russian invasion, our exports are almost three times greater than imports from Ukraine. In 2024, Poland was also the ninth largest foreign investor in Ukraine," Domanski said.

He announced that he will hold talks with his Ukrainian counterpart Serhiy Marchenko in Rome on Thursday.

"I will talk about the fact that Polish companies must have a key role in the process of modernisation and reconstruction of Ukraine," Poland's finance minister stressed.

The aim of the Team Poland for Ukraine programme is to comprehensively serve the needs of companies and support their international competitiveness. Under it, Polish development institutions offer a one-stop package of services to entrepreneurs developing their business in Ukraine.

PFR stated in a press release that the brand was created by six institutions of the Polish development system: the Polish Development Fund (PFR), Poland's Industrial Development Agency (ARP), Poland's state development bank BGK, Polish Investment & Trade Agency (PAIH), Polish credit insurer KUKE Polish Agency for Enterprise Development (PARP).

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