05
Fri, Mar
98 New Articles

CMS Advises Austrian Investor on Factory Construction in Poland

CMS Advises Austrian Investor on Factory Construction in Poland

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

CMS is advising the chipboard producer Egger on construction of a factory in Poland — its first investment in the country.

The new production facility will be built in Biskupiec, in the Warmian-Masurian province in northern Poland. The estimated value of the project is approximately PLN 1 billion.

According to a press release from Egger, the Polish plant will be the most modern of the group’s wood processing facilities and will employ around 400 people, while an additional 600 jobs are to be created by business partners and subcontractors in connection with the planned project.

According to CMS, "Egger is a continuously developing global player in the chipboard production sector and a supplier of a full range of products for the furniture and interior design industry, construction products and laminated floors. EGGER has seventeen production plants in Europe, namely in Austria, Germany, France, UK, Romania, Russia and Turkey."

CMS’s role in supporting the Egger Group in connection with the construction of the production plant includes advising on the development process, including in matters of construction, labor, and corporate law, as well as tax advice in terms of foreign direct investments in Poland. The team advising on the construction aspects is headed by Partner Lidia Dziurzynska-Leipert, with Partner Andrzej Posniak in charge of the tax advice. Labor matters, are being handled under the supervision of Partner Katarzyna Dulewicz. The team also includes Advocate Sandra Zach-Eustachiewicz, Counsels Lukasz Dynysiuk, Piotr Nowicki, and Tomasz Sancewicz, and Lawyer Agnieszka Kalwa.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue