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Legislation Monitoring Centre
In Poland there is neither an internet portal nor an institution for employers responsible for monitoring the legislation process of regulations that determine the rules for business activity. At present employers  learn about changes in the law mainly from mass media or simply through the grapevine, usually with delay.

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“Rzeczpospolita”: Family companies are faced with a crucial challenge


More and more companies have to make a decision on passing the power on to the next generation. Heirs often do not want to take over – writes “Rzeczpospolita” in a report from a discussion panel held at the Economic Forum in Krynica.


– Family companies are rooted in tradition and have to grow without rejecting their heritage – otherwise they will lose their distinguishing characteristics – said prof. Jerzy Hausner.


This was also emphasized by entrepreneurs running family companies. We try not to look at our companies exclusively from a family perspective: we have an investor, there are people from outside the family in the board. I do not know if my kids will want to continue my business which is why I do not want to identify the company with the family alone says Adam Krzanowski, co-founder and chairman of Grupa Nowy Styl.


EY reports show that very few young people want to take over their parents companies – only ca. 5 percent of university students. However, when they graduate they are more likely to respond positively. Those who are raised in entrepreneurial families have a strong drive to create something of their own, rather than take over their parents’ life’s work  says Bartłomiej Smolarek, partner in the Transaction Advisory Department at EY.


Sooner or later, every company will have to choose a successor. – This decision cannot be made hastily – the successor has to be prepared to tackle new challenges. Sometimes they are sent to work outside the organization to get new experience – says Andrzej Malinowski, President of Employers of Poland.