Feb 19 • 04:00 UTC 🇵🇱 Poland Rzeczpospolita

EMP with 4.5 billion PLN from KPO. Breakthrough agreement for investment in Jaworzno

A groundbreaking agreement has been signed that will facilitate significant investment in ElectroMobility Poland S.A. (EMP), supported by various governmental bodies as part of Krajowy Plan Odbudowy (KPO).

On February 18, 2026, representatives from the Ministry of State Assets, the National Fund for Environmental Protection and Water Management, and ElectroMobility Poland S.A. (EMP) signed an agreement defining the framework and conditions for a future capital entry transaction into the company. This signed 'term sheet' serves as the basis for further negotiations regarding the content of the future investment agreement. A key element of this agreement will be a shareholders' agreement between current and future investors of EMP, with formalities to be completed by the end of March 2026.

The agreement marks a clear signal that the project is entering a new phase of implementation, and in the upcoming weeks, details will emerge about the automotive group that will form a strategic partnership with EMP. Recent reports have suggested that Chinese company Chery, which has already signed a letter of intent with larger consortiums, may be involved. This partnership is seen as critical for enhancing Poland's position in the electromobility sector, as it aligns with the country's goals for sustainable development and reducing carbon emissions.

In parallel to the EMP investment developments, Stellantis's factory in Tychy is reducing its workforce due to decreased demand, highlighting the fluctuations within the automotive industry. As Poland continues to transition toward greener technologies, the collaboration between EMP and potential foreign partners will be pivotal in shaping the future of electric mobility and meeting both domestic and European market demands.

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