Nearly 24,000 kilometres of roads, end to end measuring ca. 60% of the Earth's equator in length, hundreds of bridges, thousands of buildings and tens of thousands of cars – this is only a partial account of the destruction inflicted so far on Ukraine by Russian forces. But although the war in Ukraine has not stopped since 24 February 2022, the prospect of a post-war reality cannot be ignored, and so ways of rebuilding the country should be considered.
In cooperation with the London Stock Exchange, we hosted a “Polish Tech Pitches to Private Capital” Conference Meeting in London. We connected investment, private equity and venture capital funds and private investors with the best business opportunities, seeking to invest in Polish companies going global.
On 22 June 2022, the 15th International Conference on “Innovation and Creativity in the Economy” will be held, organised by the Polish Patent Office. The theme of this year’s event is “Designing in a Digital World”. On behalf of our team, Łukasz Węgrzyn, Partner and Head of Technology Practice, will take part, as an expert, in the discussion “Metaverse: a digital world of opportunities for designers and challenges for lawyers”.
The companies spanned the fintech, medtech, robotics and software technology sectors, featuring the most exciting opportunities in each. They presented significant financing prospects, providing funds with the latest insights, data, and high level tech pitches.
Bank guarantees in public procurement: practical problems of contracting authorities and economic operators
It is however worth mentioning that in accordance with the new act, it has become optional and fully discretionary for the contracting authority over whether to request a tender bond. The rules for the return of the tender bond have also been made more flexible.
Despite the continuing war, international organisations and the Ukraine administration are currently conducting a number of tenders to meet the immediate needs of Ukraine and Ukrainians and to rebuild the country's infrastructure. Participation in these tenders is open to foreign contractors, including contractors from Poland.
During our event we will discuss how Ukrainian business can enter the Polish market, and make the most of the welcoming business environment and diversify into new markets. There are plenty of options in Poland, which are readily suited to Ukrainian businesses.
The world of crypto is continuously growing. Governments and regulators across the globe are focusing more attention on the crypto industry, often establishing individual frameworks for crypto asset trading. That's why Simmons & Simmons LLP developed Crypto Reviewer, and in partnership with them we worked on the Polish jurisdiction.
The incessant growth of WIBOR has become a huge problem for PLN borrowers, who are increasingly questioning the methodology for determining the value of this index. However, there is help in sight as the government is planning to assist, although the initial proposals were contrary to EU law.
On 12 May 2022, the lower house of the Parliament (Sejm) adopted the Amendment to the Personal Income Tax Act and Certain Other Acts - the so-called Polish Deal 2.0 (print no. 2186). Below we present a summary of what we believe to be the most important tax solutions.
Managing IP has just published the second part of this years’ IP STARS 2022 ranking recommendations in the field of intellectual property. Our experts have once again received individual recognitions.
On 25 May 2022, we organised an expert event to present Ukraine’s most urgent needs in the context of its reconstruction, which are huge, with the Ukrainian economy being in need of USD 5 billion every month.
Natural gas as a 'transition fuel' for Europe on its path towards a zero-carbon economy was supposed to help gradually reduce greenhouse gas emissions. However, this environmentally-sound objective now needs a second look, particularly when gas market developments may affect the viability of new gas-fired generation projects, and when permanent impediments to gas availability may even prevent their uninterrupted and efficient operation.
The results of the first edition of this year’s prestigious IFLR1000 ranking are now live, distinguishing the leading law firms specializing in the field of banking and finance. Our team has been ranked in the banking category for yet another year in a row.
Recently, rising inflation and increasing loan instalments have been one of the most frequently discussed topics. The latter concern more than 2.5 million people and the total value of loans as of the last quarter of 2021 was estimated at approximately PLN 500 billion.