Polski Fundusz Rozwoju S.A. and its subsidiaries form a state-owned capital group based in Warsaw, which offers instruments to support the development of enterprises, local governments and individuals and invests in sustainable social and economic development of Poland. The aim of the PFR Capital Group (GK PFR), established in 2016, is to implement programmes that increase long-term investment and economic potential and support equal opportunities and environmental protection.
- PFR Ventures – the largest fund of funds (FoF) in the CEE region offering repayable financing to innovative SMEs through selected financial intermediaries such as venture capital funds or business angels;
- PFR TFI – a company focused on incepting and managing closed-end investment funds oriented towards alternative assets (e.g. real estate, infrastructure projects, PE or VC) as well as managing a part of the assets raised in the PPK program;
- PFR Nieruchomości – the real estate arm of the Group which aims to improve the potential of the national housing market by implementing investments of significant importance to local communities.
- PFR Portal PPK – a company dedicated to supervising the Employee Capital Plans (PPK), which is a common and voluntary long-term saving system for employees in Poland, developed and co-financed by employers and the state;
The subsidiaries also include the special purpose vehicle PPP Venture Sp. z o.o., in which PFR holds 80% of the shares. The PFR Capital Group also has the PFR Foundation - a non-profit organisation established in 2018. In addition, PFR holds 50% of shares in Operator Chmury Krajowej Sp. z o.o., whose aim is to provide comprehensive data storage and remote processing services. During the first several months of its operation, OChK concluded two strategic agreements: with Google (August 2019) and Microsoft (May 2020), which provide for the construction of data centres of both global public cloud providers in Poland. The second investor in this project is PKO Bank Polski S.A.
Based on best international practices and operating under one comprehensive strategy, the Polish Development Fund also integrates the offer of other leading Polish development institutions, leading the wider PFR Group. It includes: Bank Gospodarstwa Krajowego (BGK), Industrial Development Agency (ARP), Export Credit Insurance Corporation (KUKE), Polish Investment and Trade Agency (PAIH) and Polish Agency for Enterprise Development (PARP).