Ukrainians have registered nearly 8,000 companies and over 50,000 individual businesses in Poland since 2022

Ukrainian citizens have established nearly 8,000 small and medium-sized companies, and more than 50,000 have registered as sole proprietors in Poland since the start of Russia's full-scale aggression in February 2022.

Source: Interfax-Ukraine news agency, citing Dariusz Szymczycha, First Vice President of the Polish-Ukrainian Chamber of Commerce, at the Third Recovery Forum in Kyiv

Details: "Over 8,000 limited liability companies with Ukrainian capital and over 50,000 sole proprietorships have been registered in Poland since the start of the full-scale invasion," Szymczycha said at the forum, organised by the Office of the Polish Investment and Trade Agency in Kyiv.

Marek Bielski, a member of Poland's National Chamber of Commerce, believes that Ukrainian business in Poland has excellent prospects. "Polish companies that were established in Germany in the early 2000s came back to the Polish market in 10-15 years and, as carriers of European experience, had a huge impact on the transformation of Poland," he explained.

Andrzej Dycha, Chairman of the Board of the Polish Investment and Trade Agency, noted that the Polish government's priority is to support cooperation between small and medium-sized businesses in the two countries, as large companies can establish contacts on their own, and infrastructure is being created for this purpose.

"Regional offices of the Polish Investment and Trade Agency have been opened in [the cities of] Rzeszów and Lublin – administrative centres of the Podkarpackie and Lubelskie Voivodeships [bordering Ukraine]. In addition, a branch of the Agency will soon be opened in [the Ukrainian city of] Lviv," he said.

Dycha noted that a coworking space for Ukrainian entrepreneurs and a representative office of Diia. Business, a Ukrainian national entrepreneurship development project initiated by Ukraine's Ministry of Digital Transformation, have been set up in Warsaw since the beginning of the war. He added that holding the forum in Kyiv signals to Polish businesses that it is already possible to operate in Kyiv without waiting for Ukraine's victory.

Meanwhile, Hennadii Chyzhykov, President of the Ukrainian Chamber of Commerce and Industry, noted that Poland is an example of the largest relocation of Ukrainian capital and labour. "Ukrainian entrepreneurs are adapting very well to the European market and are successfully setting up businesses not only in Poland but also in other Eastern European countries," he said.

According to data from Eurostat, the statistical office of the European Union, 953,930 people who left Ukraine after the start of the war have been granted temporary protection status in Poland. This represents 22.7% of all people with this status in the European Union.

Background:

• 60% of Ukrainians residing in Poland have not used funds earned in Ukraine over the past year.
• A study found that 27% of Ukrainians had their own savings that they spent in Poland. 10% used their family's money, and 3% had a remote job in Ukraine.
• The number of those who used money earned in Ukraine over the past 12 months is 40%.

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