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News

CMS and DZP advised on the purchase of Sheraton Grand Kraków Hotel

CMS advised Invesco Real Estate, a global investment management firm, on the purchase of Wawel Holding Sp z o.o., the company owning the Sheraton Grand Kraków Hotel.\

DZP advised Algonquin, a pan-European hotel investor and operator , on the sale of Wawel Holding sp. z o.o.

The transaction closed on 28 February 2017for a total value of €70 million.

The transaction was particularly interesting due to the significance of the Sheraton Grand Krakow Hotel for Krakow’s hospitality market.” said Wojciech Szybkowski and Adriana Andrzejewska from CMS, while Bartosz Marcinkowski and Marcin Kuliński from DZP stressed the complexity of the deal, not unusual in the hotel sector.

CMS’s work was coordinated by Wojciech Szybkowski, partner, and Adriana Andrzejewska, senior associate, working together with Piotr Przybylski, associate in the Real Estate Practice. Małgorzata Urbanska, partner, and Michal Derdak, senior associate, from the CMS Competition team, advised on antitrust clearance for the transaction. Konrad Werner, senior associate, from the Banking and Finance Practice was also involved in the project.

DZP’s work was led by Bartosz Marcinkowski, partner, and Marcin Kuliński, senior associate, assisted by Agata Iżyk, associate, all from DZP’s M&A & Corporate Practice, with key contributions from Magdalena Skowrońska, partner, Paulina Armada-Rudnik, associate, both from DZP’s Capital Markets and Financial Institutions Practice and Joanna Wierzejska, tax partner in DZP’s Tax Practice.

Chef António Costa, from Portucale restaurant, featured in Portuguese TV show

Chef António Costa, Head Chef at Portucale Restaurant, a PPCC Member Company was featured in “Portuguese throughout the world”. This show airs on RTP (Rádio e Televisão de Portugal), and consists in interviews with Portuguese expats throughout the world. This particular show was dedicated to Portuguese Chefs working abroad.

Also featured on the show was Manuel Maioral, Atlantika and Portucale co-owner.

We invite to watch the show (in Portuguese), by clicking here, and strongly recommend you to visit Portucale restaurant and try Chef Costa’s fabulous dishes!

 

 

DZP Adviser of the Year in prestigious Infrastructure & Construction Diamonds contest

On 8 February in Warsaw INFRASTRUCTURE & CONSTRUCTION DIAMONDS were awarded for the second time. The contest committee awarded Domański Zakrzewski Palinka a prize in the Adviser of the Year category. Prizes were awarded for special achievements in the infrastructure & construction sector.

Statues were presented at a gala concluding the VIII Polish Infrastructure & Construction Conference, sponsored by the Polish Construction Engineers Chamber, the Polish Association of Construction Employers, the General Directorate of National Roads and Motorways, the European Council of Civil Engineers and the International Project Finance Association.

The Infrastructure & Construction Conference organised by the Executive Club is an annual meeting of prominent infrastructure leaders attended by representatives of the largest companies, renowned representatives of the sector from Poland and abroad.

 

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“The Adviser of the Year award is confirmed by the DZP Infrastructure & Energy Practice’s solid position on the legal services market. This success is the outcome of the cooperation and involvement of all the members of our team, which is focused on finding effective solutions to our clients’ problems,” said Marcin Krakowiak, Partner and Head of Practice.
He added, “We would first of all like to thank our clients, who have trusted us to handle their most complex projects and matters, for this outstanding achievement”.

 

 

Contact

Natalia Michałowska

T: +48 22 557 86 08

E: natalia.michalowska@dzp.pl

 

Emilia Zakrzewska-Koszel

T: +48  22 557 76 45

E: emilia.zakrzewska-koszel@dzp.pl

Mota-Engil Central Europe: The Nysa bypass with great progress

The progress of the contract for the construction of a Nysa bypass road  already amounts to more than 80%.  The construction was started in the end of 2014 and its completion is scheduled for October 2017.

The bypass road will be 16.5 km long, including 7.4 km as a segment of national road no. 46 (dual carriageway road) and 9.1 km as a segment of national road no. 41 (single carriageway road). The project involves the construction of 14 bridge structures, including the longest 383-meters long bridge over the river Nysa Kłodzka.

 

Obwodnica Nysy 2 - Fot. Maciej Zych

Mota-Engil Central Europe: Developments & improvements

The letter of intent concerning local railway line was signed by representatives of Mota-Engil Central Europe, City Strzelin, Municipality Kondratowice, Lower Silesia Province and representatives of other companies from the region.

The aim of the revitalization of the railway line is to move the transportation of aggregate rock from mines, including granite quarry belonging to Mota-Engil Central Europe in the Górka Sobocka, from roads to rail. The above solution will make the quarry more competitive and will allow to get in more efficient way to the Clients. This solution is more environmentally friendly, and it will also provide greater comfort and safety for users of the local roads.​

 

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Mota-Engil Central Europe, winner of the „Responsible Business Awards” statuatte

Mota-Engil Central Europe was awarded a statuette for OUTSTANDING HUMAN CAPITAL INVESTOR.

 

This award is a highlight of a long-lasting activity of Mota-Engil in social area. It also reflects a broad-based dialogue, partnership and communication of the company with its stakeholders among which Mota-Engil propagates such social initiatives as local communities („Safely to the destination!”  road safety campaign, environmental campaign, “WspieraMY lokalnie” programme supporting local initiatives), as well as scholarships for children of employees project, employees and subcontractors campaigns promoting safety on construction sites.

 

The strategy implemented by Mota-Engil Central Europe proves that the company is responsible, cares about local communities in Poland as well as about its employees. Mota-Engil gives a good example of a policy balanced both internally and externally in cooperation with stakeholders.

 

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