ANNOUNCEMENT 05 Aug 2015

In August 2015, the government of Poland announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE



Press release by Ministry of Treasury (in Polish):
http://www.msp.gov.pl/pl/media/aktualnosci/30317,Prezydent-podpisal-ustawe-chroniaca-polskie-spolki.html

Secondary Sources:
http://www.lex.pl/czytaj/-/artykul/ustawa-o-wrogich-przejeciach-zgodna-z-prawem-ue-ale-moga-byc-spory
http://wyborcza.biz/Gieldy/1,132329,18509542,prezydent-podpisal-ustawe-chroniaca-polskie-spolki-przed-wrogim.html


Inception date: 04 Sep 2015 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

 On 5 August 2015, the Polish president signed a law "protecting strategic Polish companies from hostile takeovers".
The law will allow the Ministry of Treasury to block takeovers by foreign shareholders in the gas, chemicals, petrochemicals, energy and defence industries, if it deems the takeover to be contrary to the "fundamental interests of the country" (press release by the Treasury Ministry, 05.08.2015). The takeovers may be halted for public, as well as private Polish companies.
The law is going to come into force 30 days after its announcement.
The official document of the law has not been published yet.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A