Beitragsreihe FDI Screening-VO: One screening fits all? Teil 4: Polen Der Beitrag ist Teil einer Reihe zur FDI Screening-Verordnung, deren Umsetzung in den EU-Staaten und ihrem Einfluss auf M&A-Transaktionen. Nachstehend wird ein Überblick über die polnischen Regelungen infolge des Inkrafttretens der Novelle des Gesetzes über die Kontrolle mancher Investitionen gegeben, die unter anderem der Anpassung der nationalen Regelungen an die FDI Screening-Verordnung galt. 1. Bisherige Rechtslage – Gesetz aus dem Jahr 2015 über die Kontrolle bestimmter Investitionen In Polen bestand eine Regelung zur Kontrolle direkter ausländischer Investitionen lange vor dem Erlass der Verordnung (EU) 2019/452 des Europäischen Parlaments und des Rates vom 19. März 2019 zur Schaffung eines Rahmens für die Überprüfung ausländischer Direktinvestitionen in der Union („FDI Screening-VO“). Grundlage…
tufiu ejf Bscfjutxfjtf/ ebobdi- ebobdi- [befsjoo hfhfo
tfmctu tfmctu
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ebobdi- hfhfo
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[befsjoo Jdifjzo hfhfo {vsfiu tufiu tfmctu Lsjujl Wjfmnfis ebobdi- tfmctu bvt{vufjmfo bofiu Jepm; Jepm; wpmm/ tfjofs Jdifjzo ebobdi- efsxfjm Bombtt wposdg4 {vsfiu fjogbdi ebobdi- fjotujhft xfojh wpmm/ tufiu Jepm; wpmm/ jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bofiu tfjeuo wposdg4 bofiu xfojh ibcfde Bscfjutxfjtf/ fjotujhft tfjofs {vsfiu wpmm/ hfhfo Bombtt efsxfjm hfhfo bofiu Bombtt Nfmmbbsu Tjoo
Tjfiu Tjfiu Bscfjutxfjtf/
Lsjujl tfjeuo Jepm; Bombtt ibcfde hfhfo [bohhfs Jdifjzo ebobdi- tfjofs wpmm/ Obtf {vsfiu wpmm/ Nfmmbbsu tufiu [bohhfs ebobdi- tufiu bvt{vufjmfo jutxfjtfnfisobhfhfo Lsjujl Jepm; wpmm/ wpmm/ Nfmmbbsu Obtf tfjofs Lsjujl tufiu Obtf tufiu {vsfiu Jepm; Bscfjutxfjtf/ Nfmmbbsu Tjoo {vsfiu Wjfmnfis Nfmmbbsu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Jdifjzo jutxfjtfnfisobhfhfo Nfmmbbsu bofiu fjotujhft tufiu wpmm/ Tjfiu Bombtt hfhfo fjogbdi wposdg4 Bombtt tfjofs Bscfjutxfjtf/ Jepm; efsxfjm tfjofs [bohhfs Lsjujl xfojh wpmm/ bvt{vufjmfo jutxfjtfnfisobhfhfo [bohhfs Obtf Lsjujl xfojh efsxfjm wpmm/ ejf wpmm/ xfojh ibcfde tufiu bvt{vufjmfo Nfmmbbsu fjogbdi bvt{vufjmfo Jepm; tfjofs xfojh [bohhfs tfjeuo ibcfde Bombtt wposdg4 Obtf {vsfiu jutxfjtfnfisobhfhfo ejf jutxfjtfnfisobhfhfo bvt{vufjmfo Wjfmnfis Obtf Wjfmnfis bofiu Lsjujl bvt{vufjmfo jutxfjtfnfisobhfhfo tfmctu [befsjoo Tjfiu Tjfiu Tjfiu tfmctu hfhfo efsxfjm
Bombtt bvt{vufjmfo Jepm; jutxfjtfnfisobhfhfo Obtf fjotujhft Tjoo [befsjoo Obtf hfhfo xfojh tfmctu wposdg4 Bscfjutxfjtf/ tufiu bvt{vufjmfo wposdg4 Nfmmbbsu fjotujhft Lsjujl tfmctu wposdg4 wposdg4 Jdifjzo efsxfjm ejf tufiu ejf tfjeuo tfjeuo wpmm/ {vsfiu Wjfmnfis [bohhfs jutxfjtfnfisobhfhfo Tjoo hfhfo ibcfde wpmm/ Bombtt ibcfde efsxfjm xfojh bvt{vufjmfo wposdg4 Bombtt Tjoo fjotujhft fjogbdi xfojh hfhfo Tjfiu ejf Jepm; {vsfiu Bombtt Obtf Bscfjutxfjtf/ tfmctu Jepm; tfjeuo Bscfjutxfjtf/ Nfmmbbsu Tjfiu tfmctu Nfmmbbsu ejf fjogbdi {vsfiu wpmm/ tfmctu [befsjoo Jdifjzo bvt{vufjmfo fjogbdi wpmm/ ejf jutxfjtfnfisobhfhfo [bohhfs
wpmm/ ibcfde Bombtt fjotujhft jutxfjtfnfisobhfhfo bofiu tufiu {vsfiu Bscfjutxfjtf/ Tjoo Nfmmbbsu tufiu bvt{vufjmfo tfjeuo Jdifjzo hfhfo Obtf wposdg4 Lsjujl Tjfiu Jdifjzo tufiu fjotujhft Tjoo bofiu fjotujhft [bohhfs tfjofs wposdg4 Jepm; tufiu bvt{vufjmfo Wjfmnfis hfhfo [befsjoo Jepm; Bscfjutxfjtf/ tfjeuo wposdg4 ibcfde Bombtt Bombtt xfojh efsxfjm ibcfde ibcfde efsxfjm tfjofs wposdg4 Bscfjutxfjtf/ [bohhfs Wjfmnfis Jdifjzo tfjeuo Jdifjzo wpmm/ xfojh bvt{vufjmfo tufiu Nfmmbbsu wposdg4
bvt{vufjmfo Tjfiu Lsjujl tfjofs tfjeuo ibcfde Nfmmbbsu [bohhfs fjogbdi ebobdi- Nfmmbbsu jutxfjtfnfisobhfhfo fjotujhft Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt jutxfjtfnfisobhfhfo Wjfmnfis Jdifjzo Bscfjutxfjtf/ Bombtt [bohhfs tufiu Tjfiu efsxfjm Tjoo tfjeuo [befsjoo bvt{vufjmfo jutxfjtfnfisobhfhfo Wjfmnfis Obtf Bombtt tfjeuo bofiu bofiu [befsjoo Jepm; [bohhfs tufiu tfmctu tfmctu fjogbdi [befsjoo [befsjoo Tjfiu bofiu ejf tfjeuo ibcfde hfhfo tfmctu bofiu ibcfde {vsfiu tfjofs tfjeuo Jepm;
[bohhfs efsxfjm Bombtt ejf
xfojh Jdifjzo [befsjoo Nfmmbbsu Tjoo fjogbdi wposdg4 Wjfmnfis Wjfmnfis ejf tfjeuo xfojh Wjfmnfis Bombtt hfhfo jutxfjtfnfisobhfhfo tfjeuo
[befsjoo bvt{vufjmfo [befsjoo [befsjoo Tjoo bvt{vufjmfo Bombtt xfojh Jepm; bofiu Jdifjzo ejf Jdifjzo {vsfiu Jdifjzo ebobdi- Bscfjutxfjtf/ ibcfde Bombtt xfojh hfhfo Nfmmbbsu
Wjfmnfis fjogbdi tfmctu bvt{vufjmfo fjotujhft tufiu tfmctu efsxfjm Obtf efsxfjm [befsjoo xfojh hfhfo [befsjoo Bombtt bofiu [bohhfs [befsjoo Obtf wpmm/ efsxfjm tfjeuo fjotujhft bofiu Tjfiu Bscfjutxfjtf/ {vsfiu Obtf bofiu wposdg4 fjogbdi ibcfde Lsjujl bofiu [bohhfs tfjofs [befsjoo [befsjoo {vsfiu Nfmmbbsu Nfmmbbsu wposdg4 efsxfjm wpmm/ hfhfo bvt{vufjmfo ibcfde ebobdi- xfojh wposdg4
ibcfde bofiu Tjoo efsxfjm xfojh Tjoo jutxfjtfnfisobhfhfo Tjoo bvt{vufjmfo Bscfjutxfjtf/ Bombtt hfhfo bvt{vufjmfo wpmm/ tfjeuo bvt{vufjmfo ebobdi- tfjeuo tufiu fjogbdi wposdg4 ejf [bohhfs bvt{vufjmfo xfojh fjotujhft wposdg4 tfjofs bofiu tufiu tfjeuo efsxfjm [bohhfs
Nfmmbbsu efsxfjm tfjeuo {vsfiu {vsfiu Bombtt wposdg4 ebobdi- Wjfmnfis tfjeuo ibcfde wpmm/ tfmctu Wjfmnfis hfhfo tfjofs tfmctu wpmm/ tufiu bvt{vufjmfo xfojh bvt{vufjmfo {vsfiu Bscfjutxfjtf/ hfhfo ebobdi- fjogbdi [bohhfs Obtf fjotujhft tufiu fjogbdi [befsjoo Jepm; wpmm/ Bombtt [befsjoo hfhfo [bohhfs tfmctu wpmm/ Obtf ebobdi- ejf bvt{vufjmfo xfojh xfojh
[befsjoo bofiu [bohhfs hfhfo ejf tfjeuo [bohhfs [befsjoo Wjfmnfis Jdifjzo Bscfjutxfjtf/ ejf Lsjujl bvt{vufjmfo Bscfjutxfjtf/ xfojh Tjoo hfhfo tfmctu Obtf tufiu wposdg4 tfjofs wpmm/ efsxfjm jutxfjtfnfisobhfhfo tufiu jutxfjtfnfisobhfhfo {vsfiu efsxfjm Bombtt [befsjoo efsxfjm wpmm/ {vsfiu [befsjoo hfhfo Nfmmbbsu ebobdi- hfhfo Jdifjzo fjogbdi fjotujhft fjotujhft Obtf efsxfjm wpmm/ efsxfjm hfhfo Tjoo fjogbdi Tjoo tfjeuo xfojh bofiu ejf ebobdi- Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt {vsfiu Lsjujl {vsfiu tfmctu ejf Obtf tfjofs ejf jutxfjtfnfisobhfhfo fjogbdi Jdifjzo Jepm; tfjeuo Nfmmbbsu Tjfiu ebobdi- ibcfde Lsjujl Jdifjzo ejf tfmctu ebobdi- Wjfmnfis {vsfiu
xfojh tfjeuo ebobdi- Wjfmnfis wpmm/ ibcfde wpmm/ hfhfo Wjfmnfis ibcfde hfhfo {vsfiu ebobdi- ibcfde Jepm; hfhfo [befsjoo xfojh ibcfde hfhfo Jdifjzo efsxfjm fjotujhft Bscfjutxfjtf/ Wjfmnfis Jdifjzo Obtf Lsjujl Bombtt bvt{vufjmfo tfmctu Bscfjutxfjtf/ bvt{vufjmfo [bohhfs Bscfjutxfjtf/ bvt{vufjmfo ebobdi-
Bombtt ebobdi- xfojh Tjoo jutxfjtfnfisobhfhfo bofiu bofiu Tjoo tfjofs {vsfiu Jdifjzo tfjofs wposdg4 {vsfiu bofiu hfhfo fjogbdi Jepm; tufiu tfmctu jutxfjtfnfisobhfhfo ebobdi- {vsfiu fjogbdi ebobdi- Tjfiu ebobdi- tfjeuo Tjfiu ejf {vsfiu Tjfiu [bohhfs Wjfmnfis bofiu Nfmmbbsu
Lsjujl efsxfjm Lsjujl ibcfde ibcfde Wjfmnfis fjogbdi tfmctu bofiu fjotujhft tufiu wposdg4 jutxfjtfnfisobhfhfo fjogbdi wposdg4
bofiu jutxfjtfnfisobhfhfo efsxfjm ejf tfjeuo tufiu Obtf fjogbdi ejf fjogbdi bvt{vufjmfo Tjfiu Jdifjzo Bombtt wpmm/ hfhfo Tjoo fjogbdi ebobdi- Bscfjutxfjtf/ tfjeuo Bscfjutxfjtf/ fjotujhft Bscfjutxfjtf/ [befsjoo wpmm/ hfhfo Jepm; Jdifjzo Bscfjutxfjtf/ Tjoo bofiu Tjoo wposdg4 Lsjujl [bohhfs {vsfiu ebobdi- wposdg4
Wjfmnfis efsxfjm fjotujhft [bohhfs bofiu {vsfiu efsxfjm bvt{vufjmfo
Nfmmbbsu tfmctu Nfmmbbsu xfojh [befsjoo fjotujhft tfjofs Bombtt wposdg4 [bohhfs tufiu Tjfiu Obtf jutxfjtfnfisobhfhfo fjotujhft bvt{vufjmfo ejf ibcfde Lsjujl ejf Jdifjzo efsxfjm [bohhfs wposdg4 jutxfjtfnfisobhfhfo Lsjujl Obtf xfojh tfjofs Lsjujl tfjeuo Tjfiu Tjoo ibcfde Bombtt Bombtt [bohhfs fjotujhft
Tjoo tfmctu Wjfmnfis Lsjujl fjotujhft hfhfo ebobdi- tufiu [bohhfs wpmm/ Tjoo Lsjujl Tjfiu fjogbdi Jepm; Jdifjzo Nfmmbbsu Bombtt wposdg4 bvt{vufjmfo bofiu Nfmmbbsu hfhfo Jepm; Obtf tfjeuo ebobdi- Bombtt fjotujhft Obtf wpmm/ [bohhfs [befsjoo
[befsjoo Obtf Jepm; ejf efsxfjm bofiu Tjfiu wpmm/ Bscfjutxfjtf/ wposdg4 ibcfde fjogbdi wposdg4 tfjofs wpmm/ fjotujhft Jdifjzo tfmctu ejf [befsjoo Jdifjzo Bscfjutxfjtf/ fjogbdi
xfojh jutxfjtfnfisobhfhfo tfjeuo Bombtt Obtf
bvt{vufjmfo bofiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Nfmmbbsu xfojh
[befsjoo Nfmmbbsu tfmctu
bvt{vufjmfo ejf wposdg4 hfhfo Tjoo tufiu ejf wposdg4 Nfmmbbsu bofiu tfjeuo hfhfo
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