The Polish Economic Institute (PIE) reports that nearly 14,000 Ukrainian businesses were created in Poland during the first half of 2023, a figure mirroring the total for all of 2022. Today, around 10% of companies formed in Poland originate from Ukraine. In 2022, Ukrainians started approximately 16,000 sole proprietorships, representing 6% of the year’s total business formations. The first half of 2023 saw this growth continue, with an additional 14,000 businesses established. Since the onset of war in Ukraine until June 2023, 29,400 Ukrainian businesses were listed in Poland’s Central Registration and Information on Business (CEIDG), predominantly within construction, ICT, and services sectors. The eruption of Russian hostilities led to a threefold increase in businesses in April 2022, with a consistent minimum of 1,000 new firms registered each month thereafter. From 2023 onwards, over 2,000 Ukrainian firms are formed monthly, contributing to 67% of all new foreign businesses and 10% of all new businesses in the first half of 2023. Between January 2022 and June 2023, Ukrainians owned 61% of the foreign sole proprietorships registered. Ukrainian-owned firms comprised 57% of foreign businesses in 2022, growing to nearly 67% in the first half of 2023. Around 933 Ukrainian businesses, or about 3% of the total, closed from 2022 to mid-2023.
Source: tvpworld.com
