The Polish Development Fund implements programmes that contribute to increasing Poland's long-term investment and
economic potential, developing innovation, equal opportunities and sustainable development. According to the Strategic Directions for the Polish Development Fund Capital Group announced in February 2025, PFR's priority tasks in 2025 will include investments related to
energy transition, innovation, international competitiveness of Polish
entrepreneurs, capital market development, long-term economic resilience and defence. The main tasks of the Polish Development Fund include capital,
infrastructure and municipal investment activities. In 2018, PFR and PESA Bydgoszcz S.A. signed an investment agreement under which PFR participated in the financing of this largest Polish manufacturer in the
railway industry. By 2023, PFR have invested PLN 500 million in the
Bydgoszcz plant, resulting in a number of organisational changes and a focus on the development of new technologies. The Polish Development Fund own 30% of the
Baltic Hub - container port in
Gdansk. PFR has invested PLN 500 million in the construction of an installation terminal for handling offshore
wind farms at the BalticHub port in Gdansk. Part of the funding for the investment will come from the National Reconstruction Plan (NRP). The investment in the new terminal at the Port of Gdansk is expected to add 21
hectares to Poland's land area. In February 2025, a
memorandum of cooperation was signed between the Polish Development Fund,
Google and OChK at the Google for Startups Campus at the Praski Koneser Centre in
Warsaw. The signing of the memorandum was accompanied by a
press conference by Prime Minister
Donald Tusk and
Alphabet CEO
Sundar Pichai. The Polish Development Fund also invests through its
subsidiaries. PFR Ventures is a fund management company that invests in
venture capital and
private equity funds together with private investors,
business angels and corporations. In 2023, 137 out of 438 transactions on the Polish
startup market are investments with the participation of the PFR Ventures fund, which represents approximately 25% of investments in innovative companies. Another subsidiary, PFR TFI, manages two foreign expansion funds that co-finance foreign investments by Polish companies: Fundusz Ekspansji Zagranicznej (the Polish International Development Fund) FIZ AN and Fundusz Ekspansji Zagranicznej 2 (the Polish International Development Fund 2) FIZ AN 2. In 2024, the Polish Development Fund made its first investment in
Ukraine, financing the expansion of the Euvic Group IT consortium. Half of the capital for the investment will be provided by the Polish Development Fund through the FEZ2 fund managed by PFR TFI, which will lend $2.5 million to Euvic. The Polish Development Fund manages the record keeping and administration system of the Employee Capital Plans (
pl. Pracownicze Plany Kapitałowe, PPK) - a voluntary, universal pension savings scheme. Through its subsidiary, PFR Portal PPK, it operates a dedicated internet portal with information on PPK. The Polish Development Fund's activities also include the development of innovation and support for increasing the level of digitalisation in companies and local authorities, as well as support for the creation and development of start-ups. == Strategy for 2026-2030 ==