Supporting business in Poland
Date:22 June 2022
Battery production is a fast advancing industry and the trend towards the electrification of the automotive industry is gaining ground. The Covid-19 crisis has highlighted Europe’s vulnerability to interruptions in the supply of critical materials and technologies. As the green energy transition accelerates, creating a full value chain of electric vehicle battery production industry is vital to protect Europe’s competitive position in the world economy.
During the years 2010-2019, EIB signed financing agreements in support of the battery industry in Europe of close to EUR 240m. In 2020 alone, the EIB signed close to a value of EUR 1bn.
The Bank will also present its partnership with the European Commission which allowed to put in place instruments like InnovFin – Energy Demonstration Programme and InvestEU.
The event will finish with a short summary of challenges. The war in Ukraine is a second shock, coming hot on the heels of the pandemic. Poland weathered the pandemic well, with a fairly swift economic recovery. Nonetheless, the impact on companies was sizable; it had an impact on sales and revenue, which in turn affected their investment strategies. We will discuss the key structural investment challenges.
The webinar will be presented by:
- Monika Grzelak, Deputy Director, Centre for Strategic Investments, PAIH,
- Björn Domke, Head of Corporate Lending Austria, Baltics, Germany & Poland, the European Investment Bank,
- Daniel Kapitański, Loan Officer, Corporate Lending Austria, Baltics, Germany & Poland, the European Investment Bank.
The webinar will be held online in English.