Due to Russia’s aggression against Ukraine, the Polish Investment and Trade Agency has established a team to support Polish-Ukrainian business. The newly formed group will coordinate the relocation of companies from Ukraine and help in finding new markets for products previously exported mainly to the east.
The business support team aims to monitor the situation in Ukraine. The group established by the Polish Investment and Trade Agency will deal with the identification of risks that may affect the functioning of Polish companies which have up till now operated on the territory of Ukraine. The support team will take action to minimize the business consequences caused by the war in Ukraine.
Three main areas of activity of the Polish Investment and Trade Agency support team:
- The first is activities for businesses operating in Ukraine. The Polish Investment and Trade Agency will help in the relocation of such companies to Polish. The agency will provide support in among other things, looking for investment sites, warehouses, or what is generally understood as locations for different purposes, where companies with operations in endangered areas will be able to transfer their activities. This offer is addressed not only to Polish companies but also to those coming from EU countries.
- The second important aspect of support is for exports, which have suffered as a result of Russia’s attack on Ukraine. The Polish Investment and Trade Agency will support entrepreneurs in finding new markets for goods contracted or already produced. Their Centre for Export support and our foreign trade offices have prepared specific support options. The business support team will direct entrepreneurs to new markets and help in finding potential recipients.
- The Polish Investment and Trade Agency will also support companies from industries that have suffered due to the limited availability of raw materials and components for production, which was obtained from the war zones. The agency will inform entrepreneurs where raw materials are available and will help to establish direct contacts with subcontractors from given sectors.
Source: Press release by the Polish Investment and Trade Agency from March 07, 2022