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The Warsaw Voice » Business » November 30, 2010
Business & Economy
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Doing Business in CEE
November 30, 2010   
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Though similar in many respects, individual Central and Eastern European countries differ from one another in terms of the legal forms of doing business. This explains why anyone planning to expand their business in the region should familiarize themselves with the legal environment specific to each country, according to Ewelina Stobiecka, managing partner of e|n|w|c Attorneys at Law in Poland, and Katarzyna Woroszylska, a partner at the firm.

e|n|w|c is a leading law firm among those operating in the CEE region. Recently, the firm has prepared a series of reports entitled Doing Business in… Could you tell us something about the idea behind these?
Ewelina Stobiecka: The e|n|w|c office in Warsaw is one of seven in the CEE region. Cooperation among the offices enables the firm to provide comprehensive and efficient services to entrepreneurs operating both locally and internationally. One effect of our many years of experience is Doing Business in…, a series of five reports outlining the civil-law aspects of running a business in Poland, the Czech Republic, Slovakia, Hungary and Ukraine. Each report is made up of several parts, covering issues such as corporate law, real estate law, intellectual property, labor law, taxes, laws regarding public orders, and various forms of claiming damages. The reports are written for businesspeople planning expansion in Central and Eastern Europe and are available from e|n|w|c’s European offices.

In which CEE country is it the easiest to do business?
E.S.: That depends upon many factors. The strategy of the entrepreneurs themselves and their business plans and goals are of fundamental importance. I think you can find advantages and disadvantages in each of the legal systems, just as you can tailor the optimal legal and taxation solution to every business goal.

You are international experts on real estate law, among other fields. Is it possible to say that the CEE real estate market has emerged from the crisis unscathed?
Katarzyna Woroszylska: The past year has seen an upheaval in the Polish real estate market. Many developers barely survived, often only thanks to tough cuts, sometimes even in the form of controlled bankruptcies.

Our clients were lucky enough to survive the crisis in very good condition, continuing and starting new projects. Also we as a law firm can boast of success in real estate law. This April we received an honorary mention from Gazeta Finansowa weekly for our consultancy on the Rondo Office project for the S+B Group. This project has resulted in the construction of Zebra Tower, one of the most modern office buildings in the center of Warsaw. This year was the first time that the Polish office of e|n|w|c was singled out for praise in the prestigious Legal 500 international law directory in the Real Estate and Corporate law categories.
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