34.15% companies from the MSME sector announce investments within the next year

Slightly more than 1/3 of micro, small and medium-sized enterprises (34.1%) intend to implement investment projects in the next 12 months, according to the report on the condition of the MSME sector prepared by Bank Peako.

“We are seeing a further decline in investment in the micro, small and medium-sized enterprises sector due to cost cuts and uncertainty. The percentage of companies investing in the last 12 months has decreased from 44% in 2020 to 43% in 2021, ”the report reads.

34.1% of companies in this sector intend to carry out investments in the next 12 months.

"With a sudden change in the economic situation, when it is crucial to rescue financial liquidity and companies try to minimize all unnecessary expenses, investments often become the first victim of savings measures" - said Dominika Byrska, co-author of the report, director of the Office of the Department of Strategy and Development of Corporate Banking, during his presentation.

Medium-sized companies are the least willing to invest - 32.5% declare such plans in the coming year. However, they were active in this field in 2021 - investments were then carried out by 60.5% of such enterprises.

"The percentage of investing medium-sized companies has therefore reached the level almost before the COVID-19 pandemic, when it was 62% in 2019," the report reads.

Small companies will be the most active in investment - such activities are declared by 44.4% of them, and 33.5% of micro companies intend to invest.

Among the industries, trade companies (30.7%) and service companies (33.8%) are the least willing to invest, manufacturing companies (37%) and construction companies (38.2%) are more active.

Bank Pekao's report has been prepared every year for 12 years. The research covers micro, small and medium-sized enterprises, i.e. those that employ up to 249 people.

Bank Pekao is part of the PZU group - the largest financial group in Central and Eastern Europe. Since 1998, the bank has been present on the Warsaw Stock Exchange. The bank's total assets amounted to PLN 250.57 billion at the end of 2021.

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