British Polish Chamber of Commerce

In the newest episode of News from Poland—Business & Law, Jakub Barański from Wardyński & Partners’ Dispute Resolution & Arbitration practice discusses arbitration as a solution to the rising number of IT-related disputes.

Project management and technical supervision for new Kostomłoty onshore wind farm in Poland after services for Szymankowo wind farm for Polenergia S.A. Expansion of onshore wind power business in Poland also includes recently completed project for EDF Renewables More than 240,000 tons of CO2 savings per year

Global law firm White & Case LLP has advised Pekao Investment Banking as global coordinator and joint bookrunner, and Bank Polska Kasa Opieki S.A. - Biuro Maklerskie as joint bookrunner, on the PLN 750 million issue of Series D shares by ENEA.

According to Savills, investment into the European logistics sector has again remained strong so far in 2022, reaching €14.3bn in the first quarter, following a record year in 2021. A shortage of prime stock has driven up prime warehouse rents, with significant increases observed in London (+20%).

Global law firm White & Case LLP has advised Poland’s Grupa Pracuj S.A on its approximately €118 million acquisition of Germany-based softgarden e-recruiting GmbH, which is expected to close at the end of June 2022.

Tremco CPG Poland, CPG Europe’s office in Poland, became a member of the Polish Green Building Council PLGBC. Participation in the works of this organization is part of the company's commitment to protection of health and natural environment by promoting sustainable development in construction industry.

In 2023, VAT taxpayers (and branches of foreign taxpayers) will have the opportunity to form a VAT Group, allowing a group of entities to be treated as a single VAT taxpayer. As a result, transactions between group members are not subject to VAT. The possibility of joint accounting for VAT may bring many benefits, in particular by improving cash flow related to centralization of settlements with the tax authorities, administrative simplifications and in some cases measurable financial benefits.

As the derogation was granted, Poland is on its way to implement a mandatory e-invoicing model. Invoices will be issued and received in a standardized XSD format through a governmental clearing system  (the local abbreviation KSeF is often used). This is a revolution in the settlements of companies in the field of VAT, and the process of implementing the KSeF in companies requires many changes in operating, accounting and IT systems and is very time-consuming. Only proper and early planning of the process of implementing structured invoices will allow the company to be properly prepared for those changes.  

On 24 May 2022, a new draft amendment to the Labour Code allowing employers to check the sobriety of employees was adopted by the government. Employers have been waiting for a long time for legislation that will unequivocally give them the right to conduct such tests on their own among their staff.

1 June 2022 It’s clear that climate change is an inescapable part of our lives. Here in Poland, away from the Atlantic gales, it is, however, less noticeable than on the British Isles. Here, the change manifests itself more subtly in the form of extreme weather events that tend to happen with increasing frequency. Nothing Poland hasn’t seen before, only occurring a couple of times a decade rather than once a century.