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CMS Advises Austrian Investor on Factory Construction in Poland

CMS Advises Austrian Investor on Factory Construction in Poland


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

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/


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