Poland Closes Door to Foreign Takeovers of Key Firms

A new law signed by President Duda will indefinitely protect 23 key companies, including energy, telecom, and media giants, from foreign acquisitions.

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Andrzej Duda

Kin Cheung / POOL / AFP

A new law signed by President Duda will indefinitely protect 23 key companies, including energy, telecom, and media giants, from foreign acquisitions.

Polish President Andrzej Duda has signed a new law to permanently shield key strategic companies from foreign takeovers.

The legislation replaces a temporary measure first introduced during the COVID-19 pandemic, which had been extended following Russia’s invasion of Ukraine. With the new law, these protections will now remain in place indefinitely.

The Polish government argues that ongoing global instability—such as the war in Ukraine and rising tensions in Asia—makes it essential to maintain permanent controls over foreign investment.

Coming into force on July 24th, the law covers 23 companies deemed vital to Poland’s national interests. These include major state-owned energy firms as well as some foreign-owned media and telecom businesses.

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