Business News Poland

Remuneration of a Management Board member

One of the important matters concerning remuneration for a member of a Management Board is verification whether it is necessary to pay social insurance contributions on such remuneration. On default, obligatory social insurance payments apply to a person who has certain title to insurance indicated by the lawmaker. The catalogue of entities subject to the […]
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PGNiG Upstream Norway acquires shares in Storklakken

Acquiring assets on the Norwegian market is a natural investment route for the PGNiG Group. Former PGNiG Upstream International, i.e. PGNiG Upstream Norway, a subsidiary of PGNiG SA, acquired shares in the recently discovered Storklakken oil field. The transaction is to allow for an increase in extraction of hydrocarbons outside Poland.   Piotr Woźniak, the […]
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Lower ZUS contributions from 2018

In a recent press conference from the Ministry of Finance, Deputy Prime Minister Mateusz Morawiecki shed some light on government plans regarding changes to legal provisions regarding companies. More specifically, the new government ideas connected with the mandatory social insurance contributions that Polish companies have to pay.   The officials want to free small enterprises […]
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V4 meet at Central Eastern Europe Innovators Summit

Last Tuesday, Central Eastern Europe Innovators Summit took place in Warsaw. Among the guests that participated in the event were leaders of the Visegrád Group (V4 group): Poland, Czech Republic, Slovakia and Hungary. Prime ministers of the four countries: Beata Szydło, Bohuslav Sobotka, Robert Fico, and Viktor Orban, came to Warsaw to give boost to […]
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Chances for cutting off Russian gas

In one of his recent statements, the Minister of Foreign Affairs Witold Waszczykowski announced that within the next five years Poland is able to bring about the situation when it becomes independent of Russian gas. He also criticised the construction of the Nord Stream 2 gas pipeline.   Waszczykowski stated he has “limited trust in […]
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PSG reactivates its Łuków branch

This year, Polska Spółka Gazownictwa (a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo) launched another branch reactivated after its prior liquidation – gasworks in Łuków (Lubelskie voivodship). During a meeting with local government officials from Lubelskie Voivodship, Minister Krzysztof Małkiewicz declared that re-opening of the branch in Łuków provides opportunity for development for the entire […]
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Poland will have an international hub airport?

This week, the Economic Committee of the Council of Ministers made a recommendation about construction of a new airport in Poland. The new so-called central communication port is to be a big international hub allowing for long-distance air connections. It is to meet the growing air travel demand of Poles and also put Poland on […]
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Poland awarded for green bonds

Climate Bonds Initiative organisation recently awarded Poland for issuing the so-called green bonds. The country received top prize in the category Green Bonds Pioneer. The prize was collected by Deputy Prime Minister Piotr Nowak in a ceremony that took place on the 6th of March in London.   Green bonds are fixed-income securities designed to […]
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PGNiG holds back Gazprom

OPAL is a German North – South natural gas pipeline, which constitutes a prolongment of the land North Gas Pipeline (Nord Stream). It starts in Lubmin, near the Polish border, and runs along the Polish-German border in the direction of Czech Republic and Slovakia. The main shareholders are two German corporations: Wingas (80%) and E.ON […]
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ZUS – one wire transfer instead of four

Today, an entrepreneur who wants to pay ZUS contributions is obliged to make wire transfers to particular bank accounts of the authority. The Ministry of Family, Labour and Social Policy is planning to introduce a substantial simplification for entrepreneurs. A draft bill involves introduction of individual bank account for each contribution payer, where a payer […]
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Poland Zalewski Consulting
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Poland

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Poland Zalewski Consulting
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Poland
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Poland Zalewski Consulting
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Cafelco Consulting Poland Sp. z o.o.
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Poland
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