Poland has launched a program worth 250 million zlotys to support business projects of its companies in Ukraine. The Ministry of Economy of Ukraine reports that Poland has allocated 250 million PLN (ca. 58.25 million EUR) for preferential loans for companies that will be involved in projects on restoration of Ukraine. The program started on April 22, 2025.
Maximum amount of one loan makes up 10 million PLN (2.33 million EUR), the interest rate is 2% and the repayment period is 12 years. Three partner companies of the Polish Bank Gospodarstwa Krajowego have started accepting applications.
The loans can be used for investments, working capital, export and import development, as well as cooperation between Polish and Ukrainian enterprises.
The program “Credit for Participation in Reconstruction of Ukraine” provides that preferential loans will be used for transportation, logistics, storage of goods and construction materials, development of infrastructure, including roads, railways, energy, water supply, public and housing construction.
In addition, financing is provided for drafting feasibility studies, research and investment projects, as well as activities of medical companies, including manufacturing products such as prostheses and dressings intended for Ukraine.
Terms of preferential loan include import of services and products from the counterparties from Ukraine and providing goods and services to companies engaged in reconstruction of the Ukrainian economy, directly supporting their activities.
In addition, loans can be used to purchase real estate in Poland for construction of warehouses, factories or plants, if any related to investment purposes. Some industries have additional preferences.
- In early March 2025, the European Commission and EIB signed guarantees for 2 billion EUR for Ukraine reconstruction.
- At the same time, Ukraine and France agreed on 19 reconstruction projects for 200 million EUR.
- In early April, Prime Minister Denys Shmyhal said that in 2025, total financing gap for Ukraine reconstruction needs made up almost 10 billion USD.