News from member companies


Global law firm White & Case LLP has advised PKN ORLEN on establishing and launching ORLEN VC, the largest corporate venture capital fund in Poland, which will invest approximately €100 million (PLN 500 million) in innovative companies involved in the energy transition.


The upward trend in commodity prices, high inflation, unstable economic and political situation are only some of the aspects that affect rising costs in companies. Expense Reduction Analysts Experts search for solutions aimed at finding savings and reducing expenses on a daily basis. In the latest elaboration, they presented the possibilities of cost optimization in the following categories: logistic, energy, waste management, facility management and fleet.


If you are reading this, you are probably thinking about starting your business in Poland. A beautiful country with a fast-growing economy, open democratic society, and investor-friendly legal environment. However, a lot has changed since 2020, when we published the first edition of Doing Business in Poland. The Polish tax system has been rearranged almost beyond recognition within a few years, and recently due to the controversial revision of the financial law, commonly referred to as the Polish Deal.


Ericsson has produced one million 5G radio products at the Flex Tczew factory in Poland. These "Made in Poland" products are at the heart of the fifth-generation networks being built in Poland and other European countries.


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.


Santander Bank Polska has been working with the UN Refugee Agency (UNHCR) to develop a solution that provides quick and secure access to cash for refugees fleeing to Poland from Ukraine to support their transition and integration into the country.


On 12 April 2022, a new draft law on the protection of persons who report breaches of law, known as “the draft on the protection of whistleblowers”, was published dated 6 April 2022.


Internet worlds where physical and virtual reality collide, where people can engage in a wide range of activities like those in the physical world. What is the metaverse and how does it look in practice?


GAZ-SYSTEM S.A. together with the Polish Embassy in Sweden and Danish Embassy in Sweden have the pleasure to invite to a webinar "Pipelines Without Borders".


On 7 April 2022, the Government’s draft law on special remedies for counteracting support for the aggression against Ukraine and for protecting national security (“Draft”) was passed by the Polish Parliament.


A fast-track application is dedicated for those who are currently in Ukraine (and are legally and safely able to leave the country), or who are now outside of Ukraine due to being displaced with the current conflict and are urgently looking for work.


Panattoni completes factory and supports the relocation of production from Denmark to Poland. The 13,000 sqm complex of buildings together with its accompanying facilities was completed a year after the launch of construction work. On site, 350 factory workers will run 45 production lines and among other things will make systems to improve the efficiency of refrigeration units used in the food industry. This is a prime example of a relocation development for a manufacturing facility without a break in production. 


Global law firm White & Case LLP advised three companies from the Cerrad Group on a new trade and investment loan provided by a consortium of banks consisting of Santander Bank Polska S.A. and Bank Pekao S.A. in the amount of approximately PLN 110 million, increasing the existing financing to a total amount of approximately PLN 335 million.


The agreement will establish a joint venture to develop wind power projects in the Baltic Sea in Lithuania's territorial waters or in the country's exclusive economic zone. The execution of the agreement is subject to the approval of the relevant competition authority and the conclusion of a shareholders agreement between Polenergia and Green Genuis.


Act of 12 March 2022 on the aid to Ukrainian citizens in the aftermath of the military conflict in Ukraine (”Special Act”)1 provides for a possibility to taxpayers to include in tax deductible costs the expenses for manufacture, or a price of purchase of things and rights used for purposes relating to counteracting consequences of warfare in Ukraine, i.e., donations made to specific entities.


On 12 March 2022, the Act on Aid to Ukrainian Citizens in connection with the Armed Conflict on the Territory of Ukraine (the "Aid Act") was enacted, granting numerous rights to Ukrainian citizens residing in Poland and simplifying procedures related to legalising the stay and employment of employees from Ukraine.


The battle for investment land is still going on, and the lack of attractive assets feels more and more severe. This applies to all large cities in Poland. For a long time, no matter the place, the investment land has not been easily available. In contrast, there are both plenty of people willing to buy land, as well as free funds to finance these purchases. The money surplus is enormous. Investors are trying to invest their capital in land as soon as possible, for fears of inflation. Although the peak shopping spree, often associated with really risky decisions, has already passed, the situation continues to bear resemblance to the one we remember from the years 2007-2008, when everything was selling like hot cakes, at rapidly rising prices.


Santander Bank Polska supports Ukrainians at this most tragic moment. Already in the very first days of the war outbreak, the bank introduced certain solutions to facilitate banking for the Ukrainian refugees coming to Poland and all those who would like to help them.


Clas Ohlson has just opened a purchasing office in Warsaw, Poland. With this, we are creating a purchasing hub for Central Eastern Europe that allows more direct purchasing with less need for agents, and it will also reduce lead times compared to buying from Asia.


Work is underway on a bill on assistance to Ukrainian citizens in connection with the armed conflict.
The bill sets out specific rules for legalising the stay of Ukrainian citizens entering the territory of Poland directly from Ukraine in connection with military operations, the rules for employing Ukrainian citizens, and rules for extending the periods of legal stay of Ukrainian citizens.

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