A Hike in Electricity Prices Expected

Posted on December 07, 2018October 19, 2023 by admin

No good news for companies in Poland because of an expected hike in electricity prices. Business owners should brace themselves for a drastic increase of the price of electric energy. Some industry experts suspect electricity prices may go up by as much as fifty percent! If this prediction comes true, this will be a big shock for entrepreneurs, not to mention average consu Read more

5G in Poland? Ministry Wants Things to Get Moving

Posted on December 03, 2018October 19, 2023 by admin

The Ministry of Infrastructure is working on legal provisions that will allow for the introduction of 5G in Poland. The goal is to have the entire country gain access to high-speed internet. The bill supporting the development of telecommunications services and networks is currently in the consultation phase. The new law is planned to come into effect at the beginning of 2019. The most significant of the amendments concern the fees connected with laying optical fibre cables. The Ministry wants Read more

COP24 in Poland

Posted on November 30, 2018October 19, 2023 by admin

United Nations Climate Change Conference COP24 will launch on the 2^nd of December in Katowice, Poland. For two weeks, the country will be the host to the most important politicians, economists, climate change experts and industry specialists. The visitors, parties to the United Nations Framework Convention on Climate Change (“Rio Convention”), will review and implement measures towards Read more

New Company Succession Law Comes into Effect

Posted on November 26, 2018October 19, 2023 by admin

The Ministry of Entrepreneurship and Technology has come up with new provisions of succession law that will deeply affect numerous family businesses in Poland. After receiving requests from Polish entrepreneurs who pointed out to the Ministry the lack of applicable regulations, government experts prepared an act that regulates the matters of company succession in the event of an entrepreneur’s death. The succession lawmakers want to prolong the existence of businesses and give successors a cha Read more

Corruption Scandal Shakes Polish Financial Supervisory Authority

Posted on November 23, 2018October 19, 2023 by admin

“The reputation of financial supervision is ruined”, said top officers of National Bank of Poland Marek Belka commenting on the corruption scandal that shook the country after “Gazeta Wyborcza” broadsheet revealed that Marek Chrzanowski, the president of KNF [Financial Supervisory Authority] presented a corruption scandal offer to Leszek Czarnecki, a Polish billionaire and the owner Read more

The Government Wants to Tighten the Retail Ban

Posted on November 19, 2018October 19, 2023 by admin

Only a few months has passed since the government introduced a retail ban, but the lawmakers already see room for improvements. It has been announced they are working on ways to even further restrict the regulation that prevents shops and stores in Poland from opening on Sundays and bank holidays and certain other days. As experts indicate, the provisions that are already in place have many loopholes and it is not uncommon for retail chains to try to outsmart the government. The act on Read more

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