Economy and Law in Eastern Europe: 137. revision of WiRO by C.H. Beck

Handbuch Wirtschaft und Recht in Osteuropa (Economy and Law in Eastern Europe, WiRO), is a collective work, the particular revisions of which are regularly published by C.H. Beck publishing house.

Addressed to western investors and others alike, WiRO comes as a guidebook with replaceable pages, which provides information on changes of the economic and legal conditions in the following ten states of Central and Eastern Europe:

  • Bulgaria
  • Croatia
  • Poland
  • Romania
  • Russia
  • Slovakia
  • Slovenia
  • Czech Republic
  • Ukraine
  • Hungary

The chief editor of the part pertaining to Poland is Dr. Jörn Brockhuis of BSJP law firm.

The 137. revision of WiRO (part concerning Poland) includes an update of the chapter on real property law (D.III). Said update pertains to, first and foremost, the issue of land acquisition by foreigners. In 2016, by virtue of the EU law, the interim periods ended, which made the new government in Poland continue the simple - from the statutory point of view - protective provisions mostly in the scope of agriculture.

The update pertaining to Poland includes an overview of chapter D.V - environmental protection law, geological and mining law, and energy law, the author of which chapter is Partner in BSJP, attorney Dominik Sołtysiak. In recent years, numerous changes took place in respect of the legal framework conditions for investments in environmental protection technology, in mining and energy sector. At the same time, there have been taken into account changes impacting between the European Union law and the Polish law. Due to the fact that the Polish energy policy has just started - although with certain hesitation - to open itself for renewable energy, it is crucial to present legal framework for investments in this very industry of the future.

Other changes in part pertaining to Poland cover the act on civil law. The new regulations address mainly the application of civil law in cases concerning electronic statements of will or electronic legal transactions as well as the continuation of protective provisions regarding agricultural land in the event of acquisition by foreigners. What is more, there have been specified the provisions on the commercial power of attorney (prokura) and interest on liabilities.

Enjoy reading.