Doing Business with Poland by Marat Terterov, Jonathan Reuvid

By Marat Terterov, Jonathan Reuvid

Data for the e-book and the web site is provided through the neighborhood workplaces of Deloitte & Touche, financial institution Austria and CMS Cameron McKenna. info on threat is equipped by way of Coface, and gray zone Dynamics via service provider overseas team. hyperlinks to their sites and places of work in Poland are included.

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8 million were imposed on Johnson & Johnson and of PLN118,000 and PLN33,000 respectively on Hurtofarm and Compol. Roche Poland practices restricting competition In July 2004, Roche Poland and its distributor Hand-Prod were fined more than EUR65,000 (PLN306,000) for illegal resale price maintenance through unlawful distribution agreements fixing the prices of the drugs Recormon and NeoRecormon used in the treatment of anaemia. 86 million for anti-competitive practices in its long-term freight contracts.

The vulnerability of the zloty to uncertainties in the international financial markets may be enhanced if accession to the European Union becomes increasingly difficult. A 10 per cent depreciation of the zloty against the euro cannot be precluded. Kolodko has assured investors that ‘if we change the exchange rate system it will be done only in agreement between the Central Bank and 14 Doing Business with Poland the government’. 3 per cent in local currency. EU entry The necessary reforms highlighted by the OECD are tough for a government that is also striving to gain EU entry on acceptable terms.

3 per cent. Nevertheless, over 25 per cent of the 16 million people who are employed in Poland continue to work in this sector. The large discrepancy between GDP share and agricultural employment reveals the low level of labour productivity and reflects the significance of subsidiary gainful activity in the agricultural sector, often for the workers’ own consumption. In addition, the small size of agricultural enterprises is a major challenge for Poland’s agricultural policies, which hope to restructure and modernize the sector without destroying agricultural communities.

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