How Poland ranks within EU countries
Total investment
November 2019
- Total financing under the European Fund for Strategic Investments (EFSI) in Poland amounts to €3.9 billion and is set to trigger €21.2 billion in additional investments
Infrastructure and innovation projects
- 58 approved projects financed by the European Investment Bank (EIB) with EFSI backing
- approximately €3.7 billion total financing
- set to trigger €15.9 billion in investments
Small and medium enterprises (SMEs)
- 13 approved agreements with intermediary banks or funds financed by European Investment Fund (EIF) with EFSI backing
- €285 million in financing
- set to trigger approximately €5.3 billion in investments with some 75,200 SMEs and mid-cap companies expected to benefit from improved access to finance
Examples of projects supported by the Juncker Plan in Poland
Electronic signatures: AUTENTI
Autenti is a Polish SME which has developed software that enables people to sign contracts and documents of any type online. The company’s platform allows companies to send out a request for a signature, collect signatures and archive the documentation without registration and logins. This removes the need to print, sign, scan and send the original document, saving time and waste. To upgrade its software and provide stronger data security, Autenti secured a private equity investment from venture capital firm Innovation Nest, backed by the Juncker Plan. The financing also helped the business to set up the infrastructure necessary to deal with larger clients like customer support units, and to hire new developers.
Revitalising a former mining town: WALBRZYCH
A €28 million loan is helping the City of Walbrzych to upgrade its urban infrastructure. With 115,000 inhabitants, Walbrzych is the second city of Lower Silesia in Southern Poland, and ranks among the Polish cities that suffered most from the economic transition in the 1990s, with many plants closing down and residents migrating out of the city. The revitalisation program has a strong focus on energy efficiency measures, which account for around one third of the funds. The project also benefits from the technical advice of URBIS (Urban Investment Support), under the European Investment Advisory Hub, which is the advisory pillar of the Juncker Plan.
New medical centre: MEDICAL UNIVERSITY OF WARSAW
A €24 million loan is supporting the Medical University of Warsaw’s modernisation and expansion plans. The project consists of the design, construction and implementation of a new state-of-the-art medical simulations centre on its main campus in Warsaw that will be used for training and research. It will also finance the refurbishment of the university’s Litewska building in central Warsaw, the thermo-modernisation of the Faculty of Pharmacy building to improve its energy efficiency and the refurbishment of an auxiliary medical simulations unit. The financing boost will lead to improved patient care and medical education.
Middle-income earners can profit from a €33 million EIB loan under the Juncker Plan which enabled the city of Poznań to construct 1,300 affordable homes. The loan also contributed to improving related technical infrastructure, such as the water mains, sewage system, urban road system, garages and above-ground parking spaces; as well as commercial and community services infrastructure, and recreational and educational facilities.
Extending electricity networks: ENERGA
The EIB is lending Energa €250 million to upgrade and extend its electricity distribution network in northern and central Poland. With this loan, Energa will extend its electricity networks, improve the security of supply, invest in renewable energy sources and develop smart meters.
Full list of EFSI-backed projects approved by the EIB
Full list of EFSI-backed agreements with financial intermediaries signed by the EIF