A big change on the Polish banking scene is on its way. Alior Bank will acquire Bank BPH, but not in its entirety. The move will cost 1.532 million PLN. The agreement sealing the deal was signed last Thursday. Alior will take over core Bank BPH. What will not be taken over are the mortgage…
CD Project, the most widely known Polish video game company, has been announced the Listed Company of the Year 2015. The award was presented for the 17th time. The prestigious event is organized by Puls Biznesu, a Polish daily business and economy newspaper owned by the Bonnier Group. Honorary patronage over the event is granted…
Polish government has plans to introduce a new legal structure for companies. The new type of business entity will be created with start-ups in mind. Construction of a special type of legal entity was included in the much talked about initiative of the Ministry of Development, The Plan for Responsible Development, known as “the Morawiecki…
Paweł Szałamacha and Marek Gróbarczyk, Polish Minister of Finance and Minister of Maritime Economy and Inland Navigation, caught up everyone’s attention in a press conference that was held on Monday in Szczecin, in a shipyard cafeteria. The press event was called up in order to present a government remedy that is to bring back life…
Polish government is working on amendments to Corporate Income Tax Act, Personal Income Tax Act and Freedom of Business Activity Act that will bring the legal limit of cash transactions down. Presently, the threshold for transactions in cash between enterprises is 15,000 EUR, but this is soon to change. The new limit is planned to…
The Labour Code has recently undergone some changes. They mostly concern employees on fixed term contracts. The new provisions introduced to the labour law regulate the three types of agreements that articulate the legal relations between an employer and an employee: fixed term contracts, contracts for indefinite period and contracts for trial period. Ministry of…
A big change is coming for taxpayers. The Polish Ministry of Finance has new plans to combat tax evasion and identify dishonest taxpayers. Polish edition of Forbes magazine called the upcoming solution revolutionary. Consolidated Control File – this is the name of the new tool that is to bring tax investigations to the next level….
Poczta Polska (Polish Post), the biggest provider of postal services announced that it is equipping its post carriers with mobile devices and dedicated “Mobile postman” application. The new devices will allow the company to broaden the scope of services offered and cut down on paperwork. Poczta Polska has not exactly been associated with innovation and…
Forbes magazine has recently published the sixth instalment of its annual The Richest People in Poland list. The ranking lists a hundred most affluent people in the country. From real estate moguls to ice-cream manufacturers, the richest Polish entrepreneurs may boast assets in the amounts from ranging from 340 million PLN (77.7 million EUR) to…
Polish deputy PM and minister of culture and national heritage Piortr Gliński visits Mumbai as a member of a Polish economic mission to India. The minister is accompanied by deputy development minister Radosław Domagalski as well as numerous Polish entrepreneurs and business organizations willing to tighten economic bonds with one of the Asia’s fastest-growing economies….
