Juncker Plan: further €285 million for small businesses in Poland

Posted by Zoltán Tűndik July 12, 2018
Jean-Claude Juncker,

The European Investment Fund (EIF) and Polish financial intermediary Bank Pekaohave signed an agreement to provide €285 million (PLN 1.2 billion)to small and medium-sized Polish companies.

The agreement will allow Bank Pekao to provide SMEs with loans with lower down-payment requirements, supporting businesses which have limited access to lending. Around 1,500 Polish SMEs are expected to benefit as a result.

The agreement was made possible by the Juncker Plan’s European Fund for Strategic Investments (EFSI). Commissioner Elżbieta Bieńkowska, responsible for Internal Market, Industry, Entrepreneurship and SMEs, said: “Today’s announcement by the European Investment Fund and Bank Pekao is very good news for start-ups and other small businesses in Poland wishing to scale up. Thanks to EU support, around 1,500 Polish SMEs who have struggled to access finance until now will have a new opportunity. This is yet another good example of the Juncker Plan at work.”

For all the latest EFSI results see the Investment Plan website or contact Johannes Bahrke – Tel.: +32 229 58615; Siobhán Millbright – Tel.: +32 229 57361

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Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.