Poland Attractive for Foreign Investors

Mateusz Morawiecki, Deputy Prime Minister, and Minister of Finance, intensively seeks more foreign investors to promote the good image of the Polish market. He is particularly interested in new investors from abroad. He personally promotes business activity in Poland during meetings with directors of Commerce Chambers and gives interviews in foreign media, his visits in the USA and London revolve around this.

Jakob Christensen, chief economist of Danske Bank, sees him as a member of the government who is the most foreign investor-friendly.

Here are some examples of the recent foreign investors in Poland:

– American investment bank JP Morgan is to open a center for business that will employ three thousand people (information from last September)

– Toyota invests in Wałbrzych in the production of transmission for hybrids and in Jelcz in the production of petrol engines

– Korean LG Chem will erect a factory of car batteries for electric vehicles near Wrocław (investment in the amount of 5.8 billion PLN, jobs for over two thousand staff members)

– This year, Daimler launched the production of engines in Lower Silesia (a project worth 500 million EUR)

– a company of GE and Lufthansa builds a factory in Środa Wielkopolska for servicing engines (250 million EUR)

– German (foreign investors) Miele will invest 50 million EUR in a washing machine factory (the first in Poland)

Implications for Banking and Business

Developments in the Polish banking sector affect businesses operating in the country in several ways. Access to corporate banking services, credit availability, deposit rates, and payment infrastructure are all critical factors for companies — whether established Polish firms or foreign-owned entities entering the market.

For foreign entrepreneurs setting up operations in Poland, choosing the right banking partner is a strategic decision. Major Polish banks including mBank, ING Bank Śląski, Bank Millennium, PKO BP, and Santander Poland offer varying levels of service for international clients, including English-language online banking, multicurrency accounts, and dedicated relationship managers for corporate clients.

The Polish banking market is well-regulated by the KNF (Financial Supervision Authority) and participates in the EU deposit guarantee scheme (BFG — Bank Guarantee Fund), providing deposit protection up to EUR 100,000 per depositor per institution. This regulatory framework provides stability and confidence for businesses maintaining corporate funds in Polish banks.

If you are doing business in Poland or considering entering the Polish market, Zalewski Consulting can help. Learn more about our bank account opening services, or contact us for a free consultation.