The scale of international investment in Poland in recent years

According to analyses, 2021 a record year in terms of the number and value of investments in Poland. From the beginning of the last year, 402 investment support decisions were issued. By analogy, in the same period last year this was a difference of 56%. The value of investments in 2021 was approximately 17.3 billion PLN, which is an increase of 14% compared to the whole of 2020.

Since the beginning of the Polish Investment Zone (which is an instrument thanks to which one can obtain tax relief for the realization of a new investment, which can be used throughout Poland, regardless of the size of the company. Such support is granted to companies from the industrial and modern services sector), 1209 decisions on investment support have already been issued. 2021 declarations accounted for 33% of the total and were declarations of over 9500 new workplaces.

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Since Poland became the member of the European Space Agency in 2012, Polish space sector has been rapidly grooving.

Despite continuous development, Polish space companies focus mainly on niches. They manufacture high quality products mainly for the European Space Agency, as well as national agencies. An example of success in such a niche is Astronika, which regularly wins international tenders to provide specialised instruments for space agencies and private companies. One of its greatest achievements is the supply of parts for the penetrator mounted on the Mars Insight probe.

Until now, Polish companies have mainly been sub-suppliers of instruments, which were later assembled into a finished product by an integrator. Therefore, the main challenge facing entities of the Polish space sector is to advance in the supply chain and achieve higher margins.

The NewSpace revolution

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In light of recent events, concerns are rising over the limits and impact the use of Cryptocurrencies in the enforcement of Sanctions could be. KIELTYKA GLADKOWSKI will participate in the event FinCrime Focus: Sanctions on the 30th of March 2022.

The speakers will clarify the intricacies of the Sanctions and Counter-Sanctions influence, limits, scenarios, and impact of the use of Cryptocurrencies in the enforcement of both Russia and Ukraine’ to explore, including the following issues:

– How we should no longer only be concerned about Sanctions lists;

– To what extent that these countermeasures can be positive (inclusion in other lists) or negative (blocking statutes);

– How enforcement is possible when payments are made through Crypto.

The speakers will include:

Leigh-Anne Moore, Regulatory & Compliance Consultant;

Joshua Ray, Partner, Rahman Ravelli Solicitors;

Angel Niño Torres, CEO, FTT Lawyers (Venezuela);

Francis Bond, Solicitor, Macfarlanes LLP

Link to the event: https://www.grcworldforums.com/fincrime/fincrime-focus-sanctions

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KIELTYKA GLADKOWSKI KG LEGAL will take part in EmTech Digital, Critical AI Execution 2022, organized by MIT. This is MIT Technology Review’s signature conference on artificial intelligence (AI) and business leadership. The event will take place on March 29-30, 2022.

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Current legislation

The Convention on the Civil Aspects of International Child Abduction, signed at The Hague on 25 October 1980, known as the Hague Convention of 1980, is an international agreement of which Poland is a party. It was concluded in order to ensure the immediate return of children wrongfully abducted or detained in one of the States, which are parties to that agreement and to ensure the respect for custody and visitation rights specified by the legislation of those States. Pursuant to Article 569¹ of the Code of Civil Procedure, the local jurisdiction for applications under the Hague Convention of 1980 is the regional court in the locality of the court of appeal with jurisdiction over the place of residence or stay of the child. The time limit for the court to give its decision is 6 weeks from the date of the application. Abduction of a child according to the Convention must be unlawful in order for an application to be brought successfully to the central authority of the State in which the child is present. This authority, according to the Convention, is competent to hear the application.

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