Category: Poland

The Law Firm of Attorney-at-Law Dr. Robert Siwik has represented Central Europe Genomics Center sp. o.o. in a successfully-completed Polish public procurement procedure entitled “Delivery of Innovative Products That Make Up the Genomic Map of Poland,” conducted by the Institute of Bioorganic Chemistry of the Polish Academy of Sciences.

CEGC’s PLN 63.3 million offer was selected by the Institute as the most attractive. According to The Law Firm of Attorney-at-Law Dr Robert Siwik, “the order is the largest project in the history of Poland from the borderline of genetics, bioinformatics, and medicine.” According to the firm, CEGC will conduct “whole-genome sequencing” of 5000 Polish residents, allowing it to create “some innovative bioinformatic tools for data analysis on a global scale.”

CMS has advised the Modus Group on its sale of 49 solar power plants in Poland to Aberdeen Standard Investments SL Capital Infrastructure II fund. Weil, Gotshal & Manges advised the buyers on the deal.

The value of the transaction was not disclosed.

According to CMS, construction of the solar power parks, which produce a total of 45.4 megawatts, was completed this year.

The projects were developed by Green Genius, a company owned by the Modus Group, which is headquartered in Vilnius and was established in 1993. The Modus Group focuses on renewable energy, mobility services, smart parking solutions, and the auto business. It owns photovoltaic projects in Spain, Italy, Lithuania, and Ukraine.

Aberdeen Standard Investments was founded in 2017 in Edinburgh, Scotland. The fund is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. 

The CMS Warsaw team consisted of Partner Rafal Zwierz, Andrzej Posniak, and Piotr Ciolkowski, Lawyer Irmina Wolska, Senior Associates Olga Czyzycka, Malgorzata Sajkiewicz, and Grzegorz Paczek, and Associate Rafal Burda. 

The Weil team was led by Counsel Marek Durski and included Senior Associate Jakub Krzemien and Associates Barbara Skardzinska, Adrian Augustyniak, Kacper Stanosz, Arkadiusz Karwala, Andrzej Granat, and Piotr Stawowski.

The Warsaw office of Linklaters has advised DYWIDAG-Systems International on its acquisition of PARTEC System from its founder 100% shareholder, and CEO Krzysztof Kotarba, who was advised by Compliance Partners.

PARTEC System, which is based in Poland, specializes in permanent formwork and hydro-insulation.

DYWIDAG-Systems International is a Triton Fund III portfolio company and technology group that has its focus on the construction and underground markets. The Triton funds invest in and support the development of medium-sized businesses in Europe. Currently, Triton has 38 companies in its portfolio. 

DYWIDAG President of Concrete Accessories Ian Jarvis commented: “It’s an important milestone for our Concrete Accessories division as we look to increase our manufacturing footprint and gain a strong presence in the Polish market.”

Kotarba said: “It is clear that the values and vision of DYWIDAG reflect those of myself and the PARTEC organization. These shared principles and the ambition of DYWIDAG provides PARTEC with an exciting opportunity to further grow and become an integral part of the future success of the business.”

The Linklaters team was led by Counsel Klaudia Krolak and Associate Marek Tolcz. 

The Compliance Partners team was led by Attorney-at-Law Damian Zietal and included Managing Partner Piotr Szczecinski and Counsel Pawel Kwasny.

Kubas Kos Glkowski has advised Sabre Polska on its lease of approximately 16 thousand square meters of office space in the Tischnera Office building in Krakow, Poland, from the Cavatina Group.

Sabre Polska is a technology company that develops software for the travel industry. 

The Kubas Kos Glkowski team consisted of Co-Managing Partner Barbara Jelonek-Jarco and Attorney-at-Law Maciej Durbas.

Goldman Sachs has hired Robert Makowski as an Executive Director in its Legal Department.

Makowski, who is based in Warsaw, joins the company from WKB Wiercinski, Kwiecinski, Baehr. Before that, he spentt seven and a half years with Linklaters, a little over one year with Allen & Overy, and 15 months with Squire, Sanders & Dempsey (now Squire Patton Boggs). 

Talking about his move, Makowski told CEE Legal Matters: “I am very excited about this excellent opportunity to be the first product lawyer to join the Goldman Sachs Warsaw office, I am pleased to be a part of the Goldman Sachs culture of high performance and constant development. I am looking forward to working on challenging legal matters across Europe and to be part of the expansion of internal legal support and the Goldman Sachs presence in Poland.” 

Zieba & Partners reports that it “is continuing its cooperation with Grupa Azoty S.A. on a project developed by Azoty Compounding sp. z o.o.”

According to Zieba & Partners, it “is continuing its cooperation with Grupa Azoty S.A. on a project developed by Azoty Compounding sp. z o.o. involving the construction of a compounding installation for ICX® technology in cooperation with Akro-Plastic and Feddem Gmbh & Co.”

The firm’s team includes Advocates Lukasz Wolk and Tomasz Arabski.

Dentons Warsaw has advised Hines Polska on its acquisition of the Zalando Lounge distribution center from Hillwood Development, which was advised by Clifford Chance. Financing was provided by PKO Bank Polski, advised by DLA Piper.

Hines Polska was operating on behalf of IGIS Asset Management in the deal. Headquartered in Houston, Texas, Hines is a privately-owned global real estate investment, development, and management firm that was founded in 1957 and currently has a presence in 201 cities in 24 countries.

The property, which is located near the town of Olsztynek, in northern Poland, is a built-to-suit investment consisting of 120,000 square meters of warehouse space. Zalando, the company which located its European distribution center for Zalando Lounge in Olsztynek, is the sole lessee of the premises. According to Dentons, Hines will take the role of the asset manager and property manager, as well as providing IGIS and the investors it represents with “comprehensive investment services.”

The Dentons team consisted of Partners Pawel Debowski and Mateusz Toczyski, Counsels Agnieszka Nagorska-Kordeczka and Piotr Nerwinski, and Associates Paulina Dabek, Jan Zaremba, Marta Borowska, and Joanna Sztandera.

The Clifford Chance team was led by Counsel Bartosz Kaniasty, supported by Senior Associates Joanna Satkiewicz and Maciej Bochenski.

The DLA Piper team consisted of Partners Mariusz Hyla and Michal Pietuszko, Counsel Bartlomiej Palusiak, Senior Associate Sylwia Czerwik, and Associate Jaroslaw Spodar.

Dentons has advised Kulczyk Silverstein Properties on its sale of the Ethos office building in downtown Warsaw to a fund operated by Credit Suisse Asset Management, which was advised by Greenberg Traurig. 

The Ethos office building is a five-floor building that has approximately 17,700 square meters of office and commercial space. 

The Dentons team was led by partner Bartlomiej Kordeczka and included Senior Associate Martyna Racz-Suchocka and Associate Maja Cywinska.

The GT team was led by Partner Agnieszka Stankiewicz and included Senior Associate Karolina Kuzniak and Associates Michal Niecko and Maja Gawrysiuk.

Gide has advised KGHM Polska Miedz S.A. on its issuance of two series of bonds, with a maturity of five and ten years respectively, for a total amount of PLN 2 billion (approximately EUR 471 million).

The bond issuance was carried out as part of a program worth up to PLN 4 billion (approximately EUR 942 million) set up by KGHM on May 27, 2019.

KGHM is a State Treasury strategic company and a global copper and silver producer. According to Gide, to manage the programme, KGHM appointed a consortium of dealers consisting of PKO BP S.A., Bank Handlowy w Warszawie S.A., Bank Pekao S.A., and Santander Bank Polska S.A.

Earlier Gide Warsaw advised KGHM on a USD 450 million financing granted by Bank Gospodarstwa Krajowego (as reported by CEE Legal Matters on March 13, 2019).

The Gide team included Partner Robert Dulewicz, Counsel Michal Smiechowski, Associate Natalia Skomorowska from the Warsaw office and Associate Sarah Whitley from the London office.

Zieba & Partners has advised Echo Investment on an unspecified real estate acquisition in the center of Poznan for the purposes of a residential development.

According to Zieba & Partners, the firm “provided comprehensive legal and tax advice, including due diligence, transaction structuring, negotiation of transaction documentation, as well as support in the closing of the transaction.”

The firm’s team was overseen by Managing Partner Rafal Zieba and included Senior Associate Agnieszka Wojciechowska and Associate Patrick Kozliczak. Partner Tomasz Zaleski handled tax matters.

Zieba & Partners did not reply to our request for more details about the deal.