The war did not scare investors. They spend more and more in Poland

Many experts feared that the outbreak of war in Ukraine would scare investors – and they would start to fear investing in Poland. However, this did not happen, and Polish start-ups attract global capital like a magnet, can be read in Polish newspaper.

Investors financing 1,2 billion PLN

According to the daily, in the first quarter of this year, young, innovative companies in our country obtained nearly 1.2 billion PLN  in financing. It’s about 150 percent. more than a year earlier and the best opening of the year in the history of the domestic venture capital market in Poland.

This means that the war in Ukraine – contrary to fears – has not significantly influenced investments in this sector yet. At least for now.

What’s next? “There are many real scenarios. The positive ones assume the relocation of Ukrainian start-ups and the supply of a programmers‘ base. The negative ones, on the other hand, may manifest themselves in a reduction in the inflow of foreign capital “”  says Maciej Ćwikiewicz, president of PFR Ventures in Rzeczpospolita.

It is nice information when the economy in Poland is under pressure in some areas such as inflation, interest rates. But as you can see it is not all bad also Poland’s GDP should be in plus, lower than expected but still in a quite a big plus.

Want to invest in Poland?

Do you and/or your company also want to invest in Poland but need to get more knowledge and consulting about the Polish market? Then contact me at info@bizinpoland.com and read more at my main website bizinpoland.com for more information also if you need consulting in other areas in Poland and Denmark as well.

Source: Rzeczpospolita

 

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I am from Denmark but have lived and done business in Poland since the Spring in 2008. I have had a webshop with Scandinavian designed products, and event company in Poland. Today I am a business consultant and b2b IT consultant plus sales agent on the Polish market. I have lived/done business in 3 different cities and in 3 different regions (voivodeships) in Poland. My business network and knowledge about doing business in Poland and about Poland are therefore very big.

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