24
Tue, Dec
91 New Articles

WKB Advises Poczta Polska on Obtaining EC Approval for State Aid

WKB Advises Poczta Polska on Obtaining EC Approval for State Aid

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wiercinski Kwiecinski Baehr has advised Poczta Polska on obtaining the European Commission’s approval for PLN 215 million in state aid.

According to the firm, the aid "will be used to cover losses incurred in connection with the company’s operations during the COVID-19 pandemic. By issuing this decision, the Commission has confirmed that the planned aid is in compliance with the EU’s state aid rules."

According to WKB, Poczta Polska is the largest postal operator on the Polish market, with over 70,000 employees and a network of 7,600 post offices, branches, and agencies. Poczta Polska provides communications, parcel, courier, and logistics services in Poland.

"We are very pleased that this decision is favorable for our client – Poczta Polska – which was able to provide universal services without interruption during the outbreak of the COVID-19 pandemic, and the restrictions which accompanied it, thereby incurring additional costs," WKB Partner Lukasz Czekanski commented. "This aid will allow Poczta Polska to be compensated for the losses incurred."

The WKB team included Czekanski and Managing Associate Piotr Gajek.