We invite you to take part in our online event, scheduled for 2 September 2022 , during which you will get to know, among others: what are the sources of funding for Ukraine’s reconstruction, how to find information on projects and investments in Ukraine and how to prepare to participate in projects in Ukraine.
Implementation of the Directives concerning contracts for the supply of digital content and contracts for the sale of goods
On 29 June 2022, the draft new legislation was submitted to the Sejm with a view to implement Directive 2019/770 on certain aspects concerning contracts for the supply of digital content and services, and Directive 2019/771 on certain aspects concerning contracts for the sale of goods. It is likely that the changes will enter into force nearly one year after the deadlines set in the Directives, since the new legislation should have been implemented into the Polish legal regime by 1 July 2021 and should have applied from 1 January 2022.
Only a few years ago, Europe faced a major upheaval to the international economy with Brexit, i.e. the exit of the United Kingdom from the European Union. This event, like the war in Ukraine or the COVID-19 pandemic, has had significant consequences for the global economy, affecting the quality of our daily lives.
The international IFLR1000 ranking has announced the results of another category in this year's edition. We have been recognized for projects concerning renewable energy, environmental protection, low carbon innovation, regulated markets, energy and environmental disputes and natural resources.
Paweł Cholewiński has been appointed Partner in charge of Kochanski & Partners Transactional Practices Group. Within the scope of his individual Partner responsibilities he will now be leading both the Sectorial Real Estate and Mergers & Acquisitions Practices.
Functioning in an information society generates a number of challenges that both economic operators and private citizens must face. The foundation of a healthy system relies on the ability to sift true information from false, which today is becoming increasingly difficult in an increasingly complex and technological world.
According to analysts and economic experts, Ukraine could eventually suffer losses of up to EUR 1.3 trillion in 2014-2026. Assuming a favourable scenario under which the Russian Federation would pay war reparations, it will still not have sufficient financial capacity to cover even a greater part of this amount. Therefore, the priority for Ukraine should be strategic economic cooperation with European Union Member States.
On 28 June 2022, a draft of further amendments to the Personal Income Tax Act and other acts – Polish Deal 3.0 – was published on the Government Legislation Centre website (draft No. UD404).
On 28 June 2022, a draft of further amendments to the Personal Income Tax Act and other acts – Polish Deal 3.0 – was published via the Government Legislation Centre website (draft No. UD404).
Amendments to the Commercial Companies Code – the Business Judgment Rule and the interest of a group of companies
On 13 October 2022, the Act amending the Commercial Companies Code and certain other acts (“Act”) will come into force. Companies, especially those operating under a management agreement between a parent company and a subsidiary, will have to reorganise their structures to some extent in order to comply with the new regulations.
We are a member of the Polish-Ukrainian Chamber of Commerce, with Dr Markiyan Malskyy chairing the IT Committee
The IT Committee is a new initiative of the Polish-Ukrainian Chamber of Commerce, and is chaired by Markiyan Malskyy – Head of our Ukrainian Desk. Markiyan has voiced his intent to make the Chamber a platform for cooperation between Polish and Ukrainian IT companies and associations, and in line with this we can expect a variety of meetings and industry events for members.
For a new Ukraine, the reconstruction of housing and infrastructure are believed to be the main areas of development. 44.8 million sq.m. of residential property, 300 bridges and over 40 railway bridges are already lost or destroyed. 779 medical facilities and 1371 institutions of secondary and higher education, 690 kindergartens are destroyed or under occupation.
Arabian horse lovers will have the opportunity to admire this breed during the 3rd edition of the SOPOT Arabian Horse Show to be held on 23-24 July 2022 at the historic Hippodrome in Sopot.
Every year, the Polish state allocates nearly EUR 45 billion for purchases via public procurement. The coming years will be a time of revolutionary change in Poland in terms of the infrastructure and energy sectors, and so we expect the Polish public sector to maintain and even increase its spending levels in the near future.
The need to raise capital remains fundamental for companies, and access to investors willing to provide businesses with the capital they need is crucial to their survival in rapidly changing markets, by providing opportunities for growth and expansion beyond the geography of local markets.