Private capital markets in Poland: A third wave of opportunity and challenge
06/09/2006. The first half of 2006 has seen extraordinary change in private capital markets in Poland, says Michael Alcamo. Several leading fund groups are completing fundraising on new partnerships, many with higher transaction thresholds and greater regional ambitions.

Poland - undergoing reforms making it easier for foreign investment?
20/08/2003. Over the past few years Poland has undergone a period of intensive reform in light of its potential accession to the European Union, explains Anna Jarzabek of Magnusson Wahlin Qvist Stanbrook. Here she discusses a range of legislation aimed at improving the access of international investors into Poland but acknowledges that there is still some way to go before Poland's legal and economic system is brought in line with Western European norms.

Legal structures in Poland
02/07/2003. Poland's private equity industry is governed by a simple legal structure, as is most of Central and Eastern Europe. Thomasz Dabrowski and Todd Peterson of Salans discuss the problems that the country faces as a result of such structures.

Tax and legal issues arising on leveraged buy-outs
04/06/2003. Polish leveraged buy-out deals are hampered by an unfavourable taxation regime, which places stringent requirements on groups of companies if they are to achieve tax relief status. Charles Waddell of CMS Cameron McKenna compares and contrasts the Polish and UK taxation systems and suggests how a private equity firm investing in Poland can structure a transaction in order to negotiate a tax-efficient acquisition.

Policy towards private equity and venture capital
30/04/2003. In both the US and the UK, the development of the venture capital industry has been accelerated by top-down initiatives from national governments. Within the European Union, the Commission has also made strenuous efforts to enable local private equity markets to grow. In Poland, however, the government's efforts on behalf of venture capital have been at best limited, argues Piotr Tamowicz of the Polish Private Equity Association. Tamowicz gives an overview of the most effective policies and argues that such strategies would have a great impact on Poland's already burgeoning private equity industry.

The venture capital/private equity market in Poland
04/03/2003. The Polish private equity industry is the largest in central Europe. It is already 12 years old and the value of PE funds managed in Poland exceeds E3bn. Based on research and estimates, Piotr Tamowicz and Dariusz Stola of the Polish private equity association present an overview of its history and current state.

Preferred stock and venture capital under the commercial companies code
12/03/2002. Poland's commercial companies code of September 2000 made important legal amendments that help make the country more attractive to investors. Eighteen months on, Zdzislaw Wieckowski of Hogan & Hartson LLP discusses the characteristics of preferred stock as a financial instrument for venture capitalists in Poland and argues that the commercial companies code needs a further amendment to fully benefit the VC industry.

Private equity overview - Poland
24/07/2001. Poland is a relatively new market for venture capital, and the sector is growing quickly. Here the EVCA gives an overview with key statistics.

Private equity in Poland
29/05/2001. Poland has been through a lot of change in the last ten years - much of it painful. But as Enterprise Investors explains it has emerged as one of central Europe's most promising countries for private equity investment.

Direct investments in Poland - June 2000
29/05/2001. A series of successful political and economic reforms mean that Poland attracts more foreign direct investment than any other country in central and eastern Europe. Here are some of the highlights from last year, provided by PAIZ.

The opinion of foreign investors about the social and economic conditions for business activity in Poland
29/05/2001. Why is Poland attractive to foreign investors? What factors specifically encourage investment? This report published by the Polish Agency for Foreign Investment (PAIZ) covers the main elements responsible for increasing FDI to the Polish market.

Poland's economic performance
29/05/2001. Poland's resurgence during the 1990s has been a well-kept secret. It has attracted considerable foreign direct investment, which propelled its rapid economic growth and gave it the ability to weather the 1998 global financial crisis. These successes were the focus of a McKinsey Global Institute study in 2000.