Iconic Polonia Palace Hotel Earned the European Hotel Award « Heritage Hotel of the Year 2022 »

Considered one of the most anticipated awards in the European hotel industry calendar, the European Hotel Awards are recognized as the leading hospitality accolades, acknowledging the top notch in hospitality experiences across Europe. The landmarks of the European Hotels Awards are based on individual or collective human qualities, confirmed professionalism and great respect from guests.

The annual European Hotel Awards are presented by Références Hoteliers Restaurateurs International magazine, which covers the hottest topics and trends pertaining to the premium segment in the European hotel and restaurant sectors for nearly a quarter of a century. Spiritus movens and founder of the European Hotel Awards Foundation is Mr. Jerome Chapman, French journalist and media personality. The permanent honorary president of the European Hotel Awards trophies is Mr. Guillaume Gomez, former head Chef of the Cuisine at of the Elysée Palace’s kitchen in Paris and Gastronomy Ambassador of the chefs of the French Republic.

The selection committee, made up of European personalities, hospitality and gastronomy professionals, validates a list of potential candidates eligible for the European Hotel Awards. In 2022 eleven distinctions were awarded. These awards are not based on a competition or contest, but are an institutional distinction to honour the qualities of exceptional hotels and leading European professionals.

The European Hotel Awards Ceremony and Event was held on 10 October 2022 at Fairmont Grand Hotel in Geneva, Switzerland. Pawel Lewtak, General Manager of Polonia Palace Hotel, proudly collected the « Heritage Hotel of the Year 2022 Award » on stage.

Pawel Lewtak: “It goes without saying that tonight’s recognition marks another climax moment in the history of Polonia Palace Hotel. On behalf of the entire hotel team and owners, I would like to express my gratitude to the Jury Academy of the European Hotel Awards for this great honour – especially amongst such distinguished hospitality professionals, Members of the European Parliament as well as representatives of diplomacy. Polonia Palace Hotel is a true icon of the Polish hotel industry turning 109 years in 2022.

The Award for the Historic Hotel of the Year is a true recognition not only for all the employees who have the pleasure of working in Polonia Palace Hotel now, but also for generations of hoteliers who had built its reputation and prestige in the past decades. The heritage of our predecessors is still alive and cultivated in the living memory of all the hotel team members. It is safe to say that the history of the hotel is our reference point, which gives us strength and confidence in carrying out daily duties.

In my humble opinion, success of each great hotel is not only about exquisite interior design and comfort, but above all, it is about the ability to listen to the unspoken needs of hotel guests. It is thanks to our attitude, kindness and unconditional commitment to service excellence that Polonia Palace Hotel enjoys the position of a landmark hotel in Warsaw.

A visit to every great hotel should give guests excitement and pleasure. When guests decide to come back to the hotel for the next time, it is because the hotel experience was able to evoke unforgettable memories, which would often stay within them for the rest of their life. One may say that these thrilling emotions are second to none, comparable only with the time when you reach for your beloved book or revisit your favourite movie.

The « Heritage Hotel of the Year 2022 Award » resonates to a large extent with our vision and mission statements. This is how our employees embrace hospitality – with a strong sense of continuity coming from our DNA.

And last but not least, on a personal note, as the hotel general manager, I think of myself as I am the torchbearer of the hospitality flame which is passed from generation to generation of the successive managers who build this wonderful hotel success story; and we’re talking about a rich history here.”

The Polonia Palace Hotel is one of the most stylish and elegant places in Warsaw. The hotel offers 206 elegant rooms and apartments. The Polonia Palace is an ideal venue for an event in Warsaw city centre. With its ten multifunctional conference rooms for up to 700 guests, including the gorgeous Ludwikowska Ballroom and the Ludwikowska Lounge, the hotel is a perfect place for gatherings aimed at either business or pleasure. Be invited to the Polonia Restaurant and the spacious Lobby Bar, where relaxing in style meets delicious food and friendly service. Seasonal menu is based on the inspired combination of European and Polish cuisine.

PwC – webinar on carbon tax

The new Carbon Adjustment Mechanism (CBAM) regulations are expected to take effect as early as 1st January 2023.

CBAM is to be applied to high-carbon products imported into the European Union. The purpose of the tax is to reduce the import of greenhouse gases in goods produced outside the EU by equalizing prices at the borders.

We invite you to an event focused on newly proposed regulations. The topics presented by our PwC experts during the webinar will cover the most relevant issues from the perspective of the entities that new regulations will be applied to:

● outline of the EU proposal regarding CBAM
● obligations and rights of authorized declarants of goods
● authorities competent to carry CBAM obligations
● economic and environmental impact of the CBAM provisions

The meeting will be free of charge and conducted in English. Date and time: 30th of August 2022, 11a.m. – 12p.m. (GMT+1). To participate in the webinar, please register here:
https://pwc.to/3QeIy8o

Investing in Poland 2022: free e-book on tax and legal regulations

Each year getsix® publishes a brochure compiling current tax and legal issues. We cover the most important changes and topics that shape the immediate business environment and have a direct impact on starting and running a business in Poland.

The easy-to-read e-book format systematises and facilitates the access to strategic information from the enterprise’s standpoint.

The “Investing in Poland” brochure is addressed to:

  • entrepreneurs running a business in Poland. It is a valuable compendium of information on the most recent tax, legal and accounting changes;
  • potential investors considering starting a business in Poland. The brochure not only presents a thorough analysis of the Polish tax system, it also clarifies in detail all legal and accounting nuances related to investing in Poland.

The information is structured into four sections and covers the most recent legal changes introduced in 2022 under the name “Polish Deal”:

  • Starting business activity in Poland
  • Taxes in Poland
  • Leasing
  • The social security system in Poland

Our e-book “Investing in Poland 2022” ensures the best tax-related or corporate law decision making for your business!

The getsix® Group is a reliable and trusted partner. We offer ongoing, tailored business support to help you develop, expand and succeed.

Our more than a dozen years of experience guarantee the best-in-class services in the areas of:

  • Accounting & Payroll
  • Business Consulting
  • Tax & Legal Consulting
  • Financial Data Analysis & Cloud Accounting
  • EU VAT Compliance
  • BPO Services

Our business solutions are based on the latest IT technology and are certified in accordance with ISO 9001 and ISO 14001.

Download our free e-book now

If you have any further questions regarding taxes, accounting or investing in Poland please contact us using the contact form on our website: LINK

Our team of experts stays at your disposal.

With kind regards,
your getsix® team

CRIDO advised on two transactions

CRIDO advised on the sale of 100 percent of Aura Medic Południe shares

CRIDO acted as Corporate Finance advisors to the Owners of Aura Medic Południe sp. z o.o., which owns two magnetic resonance diagnostic centres – in Stalowa Wola and Radomsko.

Two magnetic resonance diagnostic centres (in Stalowa Wola and Radomsko) have come under new ownership. The previous owners chose to sell 100 percent of their shares in the company to Bonus-Diagnosta sp. z o.o., a company controlled by PZU Zdrowia S.A., which operates in the medical services sector.

The sale was facilitated by CRIDO, which acted as the sole corporate finance advisor to the company’s owners. Transactional advice was rendered by: Artur Marszałkiewicz, managing partner at CRIDO leading the Corporate Finance team, Aleksandra Małolepsza, senior associate, and Monika Olak, senior financial analyst.

Artur Marszałkiewicz and his CRIDO team supported us throughout the transaction. Thanks to the team’s professional handling of the process and their unwavering commitment we were able to negotiate very favourable terms – says Damian Biedulski, (former) President of the Board of Directors and Aura Medic shareholder.

We are pleased to have played our part in PZU Zdrowie’s dynamic growth in the medical services sector while securing very favourable commercial terms for our client – adds Artur Marszałkiewicz, managing partner heading CRIDO’s Corporate Finance team.

CRIDO supports entrepreneurs, corporations and PE/VC funds in domestic and cross-border M&A transactions at every stage in the process. CRIDO’s package of advisory services includes due diligence, tax, financial, corporate finance and comprehensive legal support, including legal due diligence.

CRIDO’s Corporate Finance team provides comprehensive transaction advice in M&A processes. We also support clients in seeking financing for acquisitions, development, investment projects and project finance deals. This is made possible by our close cooperation with banks, PE funds and specialist funds.

 

CRIDO advised PortfoLion fund on investment in Mindgram

CRIDO’s support involved comprehensive legal advice in negotiating and signing transaction documents at PortfoLion level – one of the investors in the seed round. CRIDO was represented by Przemysław Furmaga, partner heading the CRIDO Legal M&A and PE/VC team, Andrzej Dunikowski, senior associate, Filip Sobociński, junior associate.

Through the Mindgram platform, company employees and their families can access psychological counseling and consult preventative medicine specialists and personal development coaches. The start-up was launched in 2021. The financing which we have helped to arrange is intended to spur growth and international expansion.

Alongside Credo Ventures (lead investor), Nuntak Capital, Market One Capital and Pamoja Capital, PortfoLion was one of the Midgram investors in the seed round. The seed round was for EUR 7 million and was one of the biggest seed rounds in Poland to date.

The Mindgram transaction is another VC type of project we have been involved in in the last few months, this time acting for the investor. Mindgram is an excellent example of a company which provides services in what is a growing well-being and mental health sector. Limited access to psychological counselling, pandemic-induced anxiety, and the current volatile political situation make for ideal growth opportunities for companies such as Mindgram. Mindgram’s impressive start and promising international expansion have drawn the attention of VC investors, which is attested to by the successful seed round where we had the opportunity to support PortfoLion – says Przemysław Furmaga, partner leading CRIDO Legal’s M&A PE/VC team.

CRIDO supports companies, company founders and investors in Private Equity and Venture Capital type of transactions. We provide a full range of services including transaction structuring, due diligence studies (for legal, tax and financial purposes) and preparing and negotiating transaction documentation.

SWISS operates twice a week between Gdansk and Zurich

Discover Switzerland and the world with the new direct SWISS flight from Gdansk. From 3 April 2022, SWISS operates twice a week between Gdansk and Zurich.

It is worth mentioning the newly introduced SWISS Premium Economy seats on long-haul destinations available also from Gdansk via Zurich: Miami, San Francisco and Sao Paulo. Further SWISS destinations served with Boeing 777-300ER will then gradually be added.

CRIDO advised on bringing in a strategic investor for Alfa Brokers

CRIDO acted as a corporate finance and legal advisor on Alfa Brokers Sp. z o.o.’s deal with a strategic investor. Alfa Brokers is set to strengthen its position in the insurance brokerage market thanks to its new strategic partner – RENOMIA Gallagher.

Alfa Brokers has reached another milestone in growing its business, becoming a part of a global network and aiming to improve their clients’ experience of using Alfa Brokers’ services and benefiting from the most advanced solutions.

“We have agreed with RENOMIA that they will become a majority shareholder in Alfa Brokers. Both our team and our clients will benefit from our company becoming a part of a leading global player with impressive know-how and highly-valued resources, which we will apply to our 30-year experience in the Polish insurance brokerage market. This integration of our talented staff and RENOMIA Gallagher’s global penetration capacity creates a perfect platform for further developing Alfa Brokers’ services for our clients and growth in future years,” says Tomasz Chojnowski, Chairman of Alfa Brokers’ board of directors.

In the acquisition deal, CRIDO acted as a financial advisor to Alfa Brokers Sp. z o.o. and its shareholders. Transactional support on behalf of CRIDO was provided by: Artur Marszałkiewicz, Managing Partner at CRIDO leading the Corporate Finance team, Aleksandra Małolepsza, senior associate, supported by Moniką Olak, senior financial analyst.

CRIDO also acted as a legal advisor for the company and its shareholders. CRIDO Legal works were coordinated by Mateusz Baran, Partner, who was supported by Marzena Lau, senior associate, and Dominik Przywara, associate.

“Artur Marszałkiewicz with his CRIDO team were there for us during the entire process. Thanks to their competence and commitment, the process was conducted with great efficiency and the deliverables were highly satisfactory,” adds Tomasz Chojnowski, Chairman of Alfa Brokers’ Board of Directors and shareholder.

We are pleased that we were chosen to help with a transaction that is set to shake up the market and may in the future change the balance of power in the insurance brokerage business in Poland. “In this case, the client has trusted CRIDO to handle all aspects of the transaction,” says Artur Marszałkiewicz, who heads CRIDO’s Corporate Finance team.

CRIDO supports entrepreneurs, corporations and PE/VC funds in domestic and cross-border M&A transactions at every step of the way. CRIDO’s package of advisory services includes tax and financial due diligence, corporate finance and comprehensive legal support, including legal due diligence.

CRIDO’s Corporate Finance team provides comprehensive transaction advice during the M&A processes. It also supports clients in seeking financing for acquisition deals, business development and project finance type of investment undertakings. To achieve results, it leverages its cooperation ties with banks, PE funds and specialist funds.

More about CRIDO – We provide tax, legal, transaction and business support for our clients. We assist businesses in developing and implementing innovative solutions, part of which is help in obtaining financing from public and non-public sources. Our commitment and results have frequently been awarded. We rank highest in tax advisor rankings and as promoters of B+R and innovation. For more information go to: crido.pl

Hoogells launches real estate practice and expands team

Hoogells is once again expanding its practice in recent times – this time with the real estate & finance practice. Jakub Mosoń, previously Head of Legal Department and Group Compliance Manager at a leading international real estate development company, has been appointed its head.

“The growth of the Real Estate and Finance practice has been an indispensable element in Hoogells’ strategy alongside the Infrastructure and Public Procurement practices. It is the answer to our clients’ needs. I have known Jakub since my university days and I know that his experience from the last years spent in an international development group, including, among others, supervising M&A processes in the capital group, a number of due diligence projects for sale and acquisition of project companies or coordination of investment processes fits perfectly with our expectations. I am convinced that Jakub’s previous business experience and his managerial skills will be of great benefit to the firm’s clients who have been wanting to entrust us with their cases in this area for some time now. Welcome to the team!” – says Anna Oleksiewicz, CEO of Hoogells Law Firm.

 

Jakub Mosoń, lawyer and manager, from March 1, 2022, is a partner and head of real estate & finance at Hoogells, where he manages a team that supports clients in all aspects of real estate law and real estate finance transactions. Jakub has extensive experience in real estate legal services, office and shopping mall property management and a solid banking background. He also has a practical knowledge of compliance and corporate law. The significant experience of the law firm’s new partner is also his longstanding practice in the internal departments of banks, which allowed him to acquire the skills to solve financing issues from the perspective of the financing bank’s risk.

CRIDO has advised on the acquisition of a company from industrial automation sector

CRIDO has advised on the acquisition of Rolling-Robotics by the Belgian company VMA N.V., part of the CFE Group. CRIDO’s services included, in particular, conducting due diligence and transaction advisory services.

Rolling-Robotics operates in the industrial automation industry and developes software for the automotive industry. Its solutions are used by the largest entities in the sector.

The acquisition of Rolling-Robotics by VMA shows that investment in Poland, including companies from the industrial automation and new technologies sector, is attractive to foreign investors. It is another such transaction in which we have participated recently. – comments Przemysław Furmaga, Partner and Head of the M&A practice at CRIDO Legal

Legal advice on the project was provided by CRIDO’s Przemysław Furmaga (Partner at CRIDO Legal), Alekandra Czarnecka (Senior Associate at CRIDO Legal) and Michał Tokarz (Junior Associate at CRIDO Legal) from the M&A team and Edyta Defańska – Czujko (Partner at CRIDO Legal) and Aneta Brzózka (Associate at CRIDO Legal) from the employment law team. All tax matters on the project were coordinated by Mateusz Stańczyk (Partner at CRIDO) Michał Kwaśniewski (Senior Manager at CRIDO) and Maciej Rosiński (Senior Consultant at CRIDO).

At the Client’s level, Cecile Verougstraete, Legal Manager, was responsible for work on the documentation while Thomas Ducamp, CFO at VMA was responsible for running the entire project.