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Business in Poland

Law, tax and banking. Chapter 6

The investment guarantee covers political risks only.

Contact:

Royal Danish Ministry of Foreign Affairs Secretariat for Investment Guarantee Facility for Central and Eastern Europe Copenhagen Tel. +45 33 92 00 00

Investment Insurance

Eksport Kredit Fonden (The Danish State Export Credit Agency) provides insur- ance against the political risks faced by Danish companies that invest in emerg- ing markets.

This insurance can cover all kinds of equity investments and any financing not covered by ordinary Danish export credit guarantees.

Investment insurance coverage may be extended to include breach of contract by a public body.

Contact:

Eksport Kredit Fonden Copenhagen Tel. + 45 35 46 61 00 Fax: +45 35 46 61 11 Web site: www.ekf.dk

Swedfund International AB

Swedfund is a risk capital company that provides capital and know-how for in- vestments in developing countries and in Central and Eastern Europe primarily in partnership with Swedish companies. Swedfund is owned by the Swedish State.

Swedfund invests in projects that it considers potentially profitable. These pro- jects may involve setting up in new markets or expanding existing businesses. Generally, collaboration takes the form of a joint venture company formed by a Swedish company and its local partner in the host country, for example Poland, with both parties contributing capital.

At the end of 2003 Swedfund had only invested in 1 project in Poland. This was in 1994 with the partner Nordiska Ekofiber.

Contact:

Swedfund International AB Stockholm Tel. +46 8 725 94 00 Fax: +46 8 20 30 93

Danske Bank / KPMG / Mazanti-Andersen, Korsø Jensen & Partnere January 2006

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