EBRD breaks investment record in Poland with €1.43 billion in 2024

The European Bank for Reconstruction and Development (EBRD) invested a record €1.43 billion in Poland across 49 projects in 2024, surpassing its €1.3 billion investment in 2023. This achievement made Poland the fourth-largest market for the EBRD last year, with all funds directed toward the private sector, and 69% allocated to the green economy.

“Our record commitment highlights the EBRD’s role as a leading institutional investor in Poland,” said Andree Moraru, Regional Director for Poland and the Baltic States. “These investments are helping Polish companies become more efficient, resilient, and environmentally sustainable while fostering economic growth. Poland remains a key destination for our green financing, with the majority of our funds supporting the country’s transition to a low-carbon economy.”

A significant portion—65%—of the EBRD’s investments supported the Polish enterprise sector. Among the highlights was a €146 million financial package for pharmaceutical leader Polpharma to advance the development of new drugs and biotechnologies. Additionally, €100 million was provided to Fiberhost/INEA, a leading telecommunications group, to modernize Poland’s fiber optic network, enhancing connectivity for over one million households.

The EBRD also bolstered the Polish real estate market, investing €100 million in Vantage Development, a major operator of rental apartments, and €13.7 million in Nrep Nordic Strategies Fund IV, supporting innovative rental housing solutions through the Nrep Studios concept. Both investments aim to address Poland’s chronic rental housing shortage.

Further diversifying its involvement, the EBRD became a shareholder in four Polish companies. This included participation in the acquisition of Velobank, a €33.9 million investment in cosmetics brand Bielenda, and €20 million for e-retailer R-Gol, a leader in sports goods.

Since its inception in 1991, the EBRD has invested over €15.3 billion in Poland, with 93% of these funds directed toward private sector companies. These record-breaking investments in 2024 underscore the EBRD’s commitment to Poland’s sustainable economic growth and its transition to a greener economy.