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.