Business in Poland
Law, tax and banking. Chapter 6
6.7.3. Financing investments in Poland
Foreign investment in Poland has increased significantly since the appearance of the first signs of the collapse of the centralised model. The Nordic countries are encouraging direct investment through a variety of institutions, each of which promotes investment via their respective business areas.
The following section lists some of the possibilities available from the different sources. Although the list and descriptions may not be exhaustive, we hope that they will provide inspiration to utilise one or more of these sources, either indi- vidually or in combination.
126.96.36.199. Nordic Sources
The Environmental Investment Facility for Central and Eastern Europe
The Environmental Investment Facility for Central and Eastern Europe (known locally by its Danish initials, MIØ) was established in 1995 as a separate facility under the Investment Fund for Central and Eastern Europe. This facility provides share capital, loans and/or guarantees for investment projects in this region un- der the operational rules and regulations of the investment fund.
The facility was created to help finance environmental improvements in Central and Eastern Europe. The object is to transfer the necessary environmental tech- nology to the region or to create it locally by investing in environmental projects in co-operation with Danish trade and industry.
Some projects are financed by a combination of funds taken from the environ- mental investment facility and funds provided by the Investment Fund for Central and Eastern Europe for broader purposes.
The Environmental Investment Facility for Central and Eastern Europe (MIØ)
Copenhagen Tel. +45 33 63 75 00 Fax: +45 33 32 25 24
Web site: www.ifu.dk
Investment Guarantee Facility for Central and Eastern Europe
The aim of this facility is to promote reform in Central and Eastern Europe in or- der to increase economic and commercial growth.
The Investment Guarantee Facility is available to Danish companies that wish to invest in existing companies or to set up a joint venture or a subsidiary in a coun- try in Central and Eastern Europe. The Danish company must have a majority shareholding.
Danske Bank / KPMG / Mazanti-Andersen, Korsø Jensen & Partnere January 2006