Sentiment on the global market was highly volatile over the past week. Waves of growing risk aversion and of substantial rebounds were replacing each other in reaction to upcoming news.
On 15 February 2012, representatives of the consortium made up of Rafako S.A. (consortium leader), Polimex–Mostostal S.A. and Mostostal-Warszawa S.A. signed a contract for construction of two new power generating units, with a combined capacity of 1800 MW, at the Elektrownia Opole power plant. The contract is worth PLN 11.5 billion, and the project is regarded as essential for Poland’s energy security.
The FASHION CULTURE event took place on Saturday 11th February at the Royal Wilanow Palace Orangery in Warsaw. It is an international fashion show and competition in which the world's leading fashion colleges participated. This year there came from Great Britain the London College of Fashion and Central St Martins College of Art and Design and from Poland the Lodz Academy of Fine Arts, Cracow Art School and the Warsaw International School of Costume and Fashion Design.
We are pleased to present our February issue of Tax Newsletter. We recommend reading the article concerning an important judgment delivered by CJEU on the obligation of possession of acknowledgement of receipt of a correction invoice and its practical implications.
CBRE today issued its quarterly Warsaw Retail Market View 4Q2011 report, covering all aspects of the retail market in Warsaw, including demand, supply, rents, yields and trends.
Jones Lang LaSalle was awarded the CEE Retail Agency of the Year 2011 at the Europaproperty CEE Retail Real Estate Awards held on 9th February in Warsaw.
The start of the year saw a significant improvement in economic sentiment and market moods.
CEE Retail Real Estate Awards granted by Europaproperty is an important distinction in the commercial real estate industry in Central and Eastern Europe. TPA Horwath, at the annual Gala CEE Retail Real Estate Awards, won in the category of Tax & Financial Adviser of the Year.
The main issue concerning the global markets last week was the question whether Greek political parties agree on the austerity programme required before the approval of the second bailout. Investors were hoping for positive conclusion of talks, although some signs of market impatience were visible, triggering higher risk aversion.
On 6th February Tomasz Ożdziński joined, as a partner, TPA Horwath Tax Team. Tomasz will be responsible for the development of the Warsaw TPA Horwath tax practice, and in particular for further strengthening the company's position in the real estate sector.
Is your company currently doing business In Poland?
Poland's GDP surges ahead in Q2 by 3.5% http://bit.ly/ccI0HC
(Date: 30/08/2010 17:11:20)
Another record half-year in Polish UK trade: http://bit.ly/cHYRBE
(Date: 23/08/2010 15:23:15)
News from #Poland: Company cars - changes in respect of VAT deductions http://bit.ly/dsJkL2
(Date: 25/06/2010 14:18:57)
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