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World Bank to invest €40 mln in development of technology companies

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World Bank to invest €40 mln in development of technology companies
Source: IFC

The International Finance Corporation (IFC) of the World Bank Group will invest €40 million in a fund that will support the development of technology companies mainly in Poland and Romania, the World Bank said on Friday.

"With this investment, medium-sized companies operating in Central and Eastern Europe will receive capital to support business development and accelerate the pace of digitization," it pointed out.

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