Compared to the results of the study, called 'EIB Investment Survey 2020' (EIBIS 2020), outlays on investments in fixed assets have increased 49% in 2021 (vs. 45% by 2020).
This percentage is close to the European Union average (50%). Nevertheless, Poland remains among the EU countries with the lowest level of investments in intangible assets. COVID-19 has hit corporate sales, with 42% of businesses experiencing a decline in sales. This is twice as much as the companies that recorded an increase (22%).
COVID-19 also had an impact on investment plans, as a third of companies (32%) reduced their investment plans and only 3% of companies increased their investments during the most difficult period.
When asked about short-term COVID-19 activities, entrepreneurs emphasized the importance of digitization, and a third of companies (35%) confirmed that they had invested in digital solutions. Meanwhile, the conditions of access to financing in Poland are improving. Only 8% of enterprises feel limited access to financing, which is a better result compared to EIBIS 2020 (12%).
For the first time in the history of the survey, this figure is below 10%. Most of the companies using external financing are satisfied with the conditions that have been offered to them. The main reason for dissatisfaction is the security requirements (9%).
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