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58 New Articles

Tomasz Ciecwierz has joined Deloitte Legal’s Poland office as a Partner and will co-lead the firm’s M&A and Capital Markets practice alongside Partner Ryszard Manteuffel.

The incessant growth of WIBOR has become a huge problem for PLN borrowers, who are increasingly questioning the methodology for determining the value of this index. However, there is help in sight as the government is planning to assist, although the initial proposals were contrary to EU law.

Sadkowski i Wspolnicy has successfully represented the interests of the Metropolitan Transport Authority in Katowice before the District Court in Warsaw in a public procurement dispute. The result of the case allowed the Metropolitan Transport Authority to complete a PLN 1 billion public transport services tender procedure.

Dentons has recently announced its practice and sector group leadership appointments for the European Region, for the term ending December 2024. Partners Gulistan Baltaci, Piotr Dulewicz, Rob Irving, Arkadiusz Krasnodebski, Karol Laskowski, Evan Lazar, Tamsyn Mileham, Ewa Rutkowska-Subocz, and David Syed were among the appointees.

Recently, rising inflation and increasing loan installments have been one of the most frequently discussed topics. The latter concern more than 2.5 million people and the total value of loans as of the last quarter of 2021 was estimated at approximately PLN 500 billion.

Energy prices have been a salient issue in CEE for the past year. Part 1 of this article covered just how high the energy prices had climbed in Bulgaria, the Czech Republic, Moldova, Montenegro, Poland, and Turkey, the impact of those prices on people, businesses, and governments, as well as the reasons why some countries fared better than others. Then Russia’s war against Ukraine changed everything, making a new energy pricing normal seem more distant than ever. In Part 2 we look at what energy experts believe could alleviate the situation and whether the war has impacted those plans.

Had we been writing this piece mid-February, our description of the Polish real estate market would have been consistent with the trends encompassing the past two years: despite the pandemic, two sectors continue to boom – logistics and residential, including the still relatively new professional rented sector, with many big players moving into Poland over the past few months.