“Polish and Ukrainian entrepreneurs are looking for funding for business prosets aimed at rebuilding Ukraine. The basis of this process is the EU program – Ukraine Facility, designed for 50 million euros. At the same time, Poland launched state preferential lending for Polish companies that will be reconstructed with Ukrainian partners. Financing prospects and business tools in Ukraine’s reconstruction”, – WRITE ON: ua.news
Polish and Ukrainian entrepreneurs are looking for funding for business prosets aimed at rebuilding Ukraine. The basis of this process is the EU program – Ukraine Facility, designed for 50 million euros. At the same time, Poland launched state preferential lending for Polish companies that will be reconstructed with Ukrainian partners.
Financing prospects and business tools in the reconstruction of Ukraine for 2025-2026 were discussed in the format of a business specialty, which took place on August 27 at a foreign trade bureau in Kyiv of the Polish Investment and Trade Agency. The event is organized in conjunction with the Ministry of Development and Regional Policy Funds (Ministerstwo Funduszy and Polityki Regionalnej), Ministerstwo Rozwoju I Technologii and the Embassy of the Republic of Poland in Kiev.
The partners were the International Union of Entrepreneurs of Poland in Ukraine (MSPU) and the Polish-Ukrainian Economic Chamber (Puig). About the features of financing and who can count on it – in UA.News.
Preferential lending, grants and guarantees – about financial opportunities that are already in place and will appear in the future, informed entrepreneurs who are interested in partnership with the Poles to restore Ukraine.
Karol Kubitsa, Director of the Foreign Trade Bureau in Kyiv (PAIH), as well as Katazina Kalinovskaya, who represented the Economic Department of the Embassy of the Republic of Poland in Kiev, addressed the business circles. Representatives of the Ministry of Development and Regional Policy (Ministerstwo Funduszy and Polityki Regionalnej) made with detailed presentations.
Credits for Polish companies that are involved in the reconstruction of Ukraine
In April 2025 Poland launched the state program of preferential lending “Credit for participation in the reconstruction of Ukraine”. It provides financing of 250 million zlotys (approximately 58.25 million euros) for Polish companies that intend to invest and implement business projects in Ukraine.
Under the terms of the program, the highest loan for one enterprise is 10 million zlotys (2.33 million euros), the interest rate is 2%, and the maturity is about 10 years.
Applications are made by partners of the Polish Bank Gospodarstwa Krajowego: Bank Ochrony środowiska, Society of Social and Economic Investment Rozwoju, Belgorai Regional Development (Biłgorajska Agencja Rozwoju Regionalnego). Application deadline: from April 2025 to April 2027 or before the budget is exhausted.
“We are convinced that this period will be much shorter as we already have a lot of applications”, -said Robert Sidorovich, advisor, office of Polish-Ukrainian cooperation in the field of development, Ministry of Development and Regional Policy of Poland (MFIPR). He told the details of the Credit for Participation in Ukraine, which is implemented by MFIPR and BGK. The expert emphasized that the interest rate under the state program is really more profitable and preferential.
“The basic interest rate on this loan is 2%, but additional preferential conditions were prepared, for example, for the medical entities, for them the interest rate is only 1%” – explained Robert Sidorovich, noting that additional benefits are also provided for entities who already have experience in cooperation with Ukrainian partners.
The conditions of delay and the maturity period are also profitable. For example, the base deferral is 12 months, and for projects related to investment in the construction of infrastructure, the cost of which exceeds 5 million zlotys, the deferral can be up to 24 months.
The main maturity of this loan is 10 years. Again, when it comes to investments related to the restoration of Ukraine’s infrastructure, this period can be extended for up to 12 years.
Micro -enterprises can count on lending; small and medium -sized businesses; Large companies. And also businesses that are already cooperating with companies from Ukraine, or just seek to establish cooperation.
With regard to activities and contracts for Ukrainian organizations, it can be:
- Organization of transportation, storage and logistics related to the delivery of goods and services to the population, building materials and equipment necessary for the implementation of projects in Ukraine.
- Development of company resources necessary to participate in investments related to the reconstruction and expansion of Ukraine’s infrastructure.
- Preparation of technical and economic justification and investment projects for investment in Ukraine.
- The activities of companies in the medical sector, for example, medical devices, including prostheses and dressing materials that are supplied to Ukraine.
- Import of services and products provided by contractors from Ukraine
- Supply (export) of goods and services to companies involved in the reconstruction of the Ukrainian economy.
“The main requirement is that the company must operate in Poland. It can be a Polish company, but it can also be a foreign Ukrainian company that has a branch, a representation registered in Poland. There are no restrictions on the type of enterprise, sector, industry », Said Robert Sidorovich in more detail.
He also provided preliminary information on the current state of allocation of funding.
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Number of applications submitted: 58
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The amount of applications submitted: 287 million zlotys
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Number of transactions concluded: 6
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Cost of Agreement: 23 million zlotys
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Cost paid: 8.8 million zlotys
During the consideration of the projects, they first paid attention to the fact that it did not have one -time purchases, single financial or trading operations. The projects who have chosen for preferential lending long -term contribute to long -term economic cooperation between Poland and Ukraine.
Financial instruments within the second component of Ukraine Facility
Ukraine Facility is a large-scale EU support program, the budget of which is 50 billion euros for 2024-2027. The EU sends these funds to fill the State Budget of Ukraine, ensure macroeconomic stability, support for restoration, reforms and European integration. The financing structure looks like this:
Direct budget support: About 38.27 billion euros. Of these, 33 billion euros in the form of loans and € 5.27 billion in the form of grants.
Investment tool: EUR 6.97 billion to cover risks in priority sectors of the economy, which should stimulate public and private investment.
Technical help: 4.76 billion euros for real reforms, as well as to cover interest on loans.
At the state level, Ukraine is already experiencing EU support, receiving tranches to cover budget needs. At the same time, the second component of Ukraine Facility is more interesting for business, aimed at mobilizing investments for the reconstruction and modernization of Ukraine. Its implementation and management is carried out through European financial institutions such as the EBRD, EIB, KFW, AFD, BGK and others. Support itself means a combination of grants and guarantees. In general, the second component of Ukraine Facility provides:
• Guarantee volume: 8.9 billion euros (with 70% reservation).
• Available amount for mixed financing operation: € 1.7 billion.
• Ability to use up to 30% guarantee to supplement existing guarantees within the first 4 months to ensure timely deployment.
Marchin Khussol, Director of the Polish-Ukrainian Cooperation Office, Ministry of Development and Regional Policy (MFIPR), said about the preparation of financial instruments within the second component of the Ukrainian Facility, which will enter the Ukrainian market in 2026 in 2026.
He noted that in Ukraine facility, almost € 7 billion was allocated to the second and third components. They, in turn, concern more civil society. Since measures of so -called technical assistance are financed in this area, that is, various programs that aim to support Ukrainian administration, as well as civil society in the broad sense of development and adoption of EU standards that are necessary for accession to the EU.
“20% of these funds, grants … should be spent at the regional level or even at the local level. First of all, local authorities. It is also a measure aimed at supporting local self -government and decentralization in Ukraine. On the other hand, 15% of the funds in the second direction should be directed to small and medium -sized enterprises, SMEs. 20% of all these investments in the first and second directions should be directed together for climate protection and biodiversity. That meets European regulations, ”explained the director of the office of Polish-Ukrainian cooperation in the field of development
He cited several examples of EU financial instruments. For example, “Support for Ukrainian small and medium -sized enterprises”which is implemented through the Polish State Bank Bank Gospodarstwa Krajowego (BGK). The Basic Data of the Project:
Type of tool: Risk distribution.
Performance partners: Kredobank, PrivatBank.
Valid: 2023-2038.
Size: 40 million euros for mobilization of loans worth 250 million euros.
In this project, BGK coordinates and controls the granting of credit defaults on the portfolio for PrivatBank and Kredobank to enable SMEs to promote the restoration of Ukraine’s economy “from the bottom up”, performing the role of basic or additional provision in financing the needs of business. It is important that the second stage of the project is concentrated exclusively in the so -called red zones (regions with frontier areas). The implementation results are expected in 24 months.
Another presented mechanism: “Supporting investments in energy, logistics and construction sectors”
Tool type: BGK Investment Loans with EU Guarantee.
Partner-executive: direct BGK funding.
Time frames: 2025-2044.
Size: clarified.
The BGK Polish State Bank plans to support private investments in key sectors that are directly suffering from war, as well as indirectly from external economic upheavals and instability.
The program fills in the need identified by the Kiev School of Economics to finance capital expenditures of 5-50 million euros in Ukraine. It is directly related and agreed with the goals of the stock market regulations provided for in Ukraine.
Emphasis on the reconstruction of the regions
Considering that Poland will host a conference on the restoration of Ukraine (Ukraine Recovery Conference) in 2026, such a meeting is applied for the implementation of specific projects at the expense of European assistance.
In the fourth year of military aggression of the Russian Federation, it is important to show the result of Polish economic support in favor of Ukraine, according to the Chairman of the Council of the International Union of Polish Entrepreneurs in Ukraine Dariusz Gurchinsky.
“We are talking a lot about Polish support that it should be more specific and tangible to Ukraine. I think that an important element is also these new projects or new tools that will start. Of course, primarily in areas such as energy. But it is especially worth highlighting a self -government tool. After all, when it comes to the development of states in the future, we must talk about the harmonious development of all regions. To make them strong and ensure the economic development of the state … – said Darius Gurchinsky.