A new approach to the Dutch Polish Trade Award A new approach
Transcription
A new approach to the Dutch Polish Trade Award A new approach
The Netherlands-Polish Chamber of Commerce No. 27 Spring 2009 A new approach to the Dutch Polish Trade Award Leo Beenhakker An exposé about Polish football Huub Droogh Continuing the tradition of Dutch architects in Poland We recruit the best employees for you! We are really proud on winning these prizes and will go on working for two!!! OTTO - as one of the biggest work agencies in Poland develops dynamically and wins prizes confirming the quality of services. In the last month we won two prestigious prizes for the high level of the offered services: • European Medal for services (Business Center Club) • Our Good Opolskie (from the regional Press) OTTO - for 10 years we have worked in Holland, Poland, Czech Republic and Slovakia and delivered a service to our clients, which solves their recruitment’s needs. OTTO - has currently 7 offices (in Warsaw, Poznań, Opole, Gliwice, Krakow, Gdańsk, Wrocław) - which allow us to provide services all over Poland. OTTO - is a reliable partner in all sectors. We specialize in retail, production and logistics. Currently we provide 2.500 temporary workers every month. OTTO - recruits and selects highly qualified personal. We offer effective HR solutions for companies regardless of the size of the company. The services we offer include temporary staffing, payrolling, HR advise, Recruitment and Selection, headhunting and outplacement. OTTO - is a member of the Business Centre Club. THE BEST WORK WITH OTTO We invite you to cooperate with us! OTTO Polska | Opole, pl. Kopernika 13 | tel. 077/407 94 72 | www.ottopraca.pl Bulletin Spring 2009 4 Word of the Chairman 5 Chamber events 6 Dutch Polish Trade Award A new challenge 10 Chamber events What has the Chamber recently been up to? 14 Bankruptcy, how does that work in Poland? 17 Column of Remko van der Kroft 18 21 22 Career tracker HR Announcements Dutch Polish Trade Award Another chance to get into the spotlight Short news News from our members Embassy news Heroes and Villains revisited 24 Huub Droogh Quality in demand in the market of urban planning 28 Column of Remy Vermunt 6 10 Breakfast meeting with Beenhakker. What has entrepreneurship to do with football? 29 What is the role of the CFO, in a downturn? 24 Huub Droogh: ”Local government have the same concerns as I do about the speed of urban developments in Poland.” issue 27 Bulletin 3 Netherlands - Polish Chamber of Commerce Dear Members and Friends of the Chamber, We have just left Easter behind us and we are looking forward to a nice spring and summer. We also look forward to some positive news about the economic downturn. I hope that a lot of indices hit the bottom and that we are soon facing the way upward again. During a meeting in The Hague, I saw a presentation of an international transport company. In this presentation, it became clear that international transport, starting with sea transport, is very carefully recovering now that most of the stocks have been used and companies have to import new materials again. It is only a small sign but the transport section seems to walk ahead of the cycles. The Chamber is also active in a positive way, trying to support you in your business and sharing knowledge between members and other experts. We look back on a successful meeting with Minister Boni, where we were able to ask questions (and got answers) on behalf of our members. Minister Boni and the International Chambers agreed that they will meet more often to exchange ideas but also for Mr. Boni to listen to worries and positive elements of doing business in Poland. He will discuss this with the right person in the government, especially Prime Minister Tusk. On another note, we had a very nice breakfast meeting with Leo Beenhakker. Many members were interested in the famous quotes from Leo and they were not disappointed. We also had a meeting for our members interested in new VAT legislation and a wellattended meeting where members learned more about Risk Management... an aspect of business that is very significant nowadays. Ahead of us, we have the Dutch Polish Trade Award, a prestigious award of which the prize giving will be on October 27th at the Nyenrode University in Breukelen. The Chamber is also participating in the traditional Dutch Queensday celebration for adults and children Dutch and Polish, which will be held in the centre of Warsaw, with Old Dutch plays, Dutch food, and sweets. Besides the articles on subjects I have mentioned before, in this Bulletin we will pay attention to recommendations for CFO’s on how to cope with the downturn in the economy. We have the column of Remco van der Kroft and PwC, which informs us on how to deal with companies that are in financial problems. On 12 May, we have our annual meeting of the Chamber, where one important item on the agenda is the election of new members to the Board. We hope to see many of our members participating in this meeting as well as in the voting in order to see their candidate on the Board. And as a member, you can be a candidate yourself, but you must make sure you apply in time. I hope you will enjoy the spring and enjoy reading this new issue of the Bulletin. Kind regards, Fred Hoogerbrug Bulletin is a magazine that is published by the Netherlands – Polish Chamber of Commerce and aims to provide a selection of important and relevant information on bilateral business relations and activities between the Netherlands and Poland. Please email any of you comments and helpful information to [email protected]. 4 issue 27 Bulletin Managing editor: Elro van den Burg Concept Oorsprong Media. the Netherlands - Polish and production: Chamber of Commerce Columnist: Remco van der Kroft Remy Vermunt Photo’s: Elro van den Burg Jacek Krzysztof Wisniewski Eric Fecken Nederlands Pools Centrum voor Handelsbevordering Chamber agenda The activities of the Netherlands – Polish Chamber of Commerce April 27th May 5th May 12th May 17th Job Market Location: Hotel Hilton Grzybowska 63 Warsaw 14.00 – 17.00 Organised by the Chamber May 20th Seminar Dehora on workforce management June 2nd Dutch Business drink June Seminar on currency risks Location: Suwak 3 in Warsaw 15.00 – 17.00 The seminar offers solutions for increasing efficiency by optimising the match between workforce and workload Location: Hotel Hilton Grzybowska 63 Warsaw 18.30 – 20.30 Sponsored by Eureko This seminar will be organized organised by Deloitte. More information will be provided on www.nlchamber.com.pl Due to the many social events that have already been organised around this date, the Chamber decided to cancel the business drink in May June 20th Picnic Annual picnic for chamber members. More information will be provided on www.nlchamber.com.pl Annual members meeting July and august No Dutch business drinks Queensday – Dutch street festival September 1st Dutch business drink Cancelled - Dutch Business drink - cancelled Location: The Embassy of the Kingdom of the Netherlands, ul Kawalerii 10 in Warsaw 16.00 – 18.00 Location: Kubusia Puchatka Street in Warsaw Organised by Robinson Consulting and co-organised by the Chamber. More information can be found on page 12 or at the website www.oholender.pl In July and August due to the holidays, the Chamber does not organise Dutch Business drinks Location: Hotel Hilton Grzybowska 63 Warsaw 18.30 - 20.30 If you are interested in sponsoring this event then please contact us. Season starts for entrepreneurial winners and heroes Dutch and Polish companies are invited to show their best sides at the 5th edition of the Dutch Polish Trade Awards. From left to right: Otto van Veen (Program director of the Nyenrode Executive Development Centre), Pierre van Hedel (Chairman of the Netherlands Polish centre for trade and entrepreneurship) and Fred Hoogerbrug (chairman of the Netherlands - Polish chamber of commerce) Since the Dutch Polish Trade Award (DPTA) is being organised for the fifth The organisers expect that the partnership with the University will bring in more time, you can almost call it a tradition. But that doesn’t mean that the event candidates from a broad variety of branches. ”I hope that with the help of Nyenrode is dozing of. This years’ edition promises to take a we can attract companies and entrepreneurs that more challenging and different approach. One of are not only direct active in the SME business or in the new elements is the sponsorship of Nyenrode physical trade, but from all kinds of sectors, and I hope University. This new business partner to the Dutch that we will see some Polish companies attending Polish Trade Award has committed itself to turn this as well”, says Pierre van Hedel, Chairman of the year’s trade award into a competitive event. Fred Netherlands – Polish Centre for Trade Promotion and Hoogerbrug, Chairman of the Netherlands - Polish Entrepreneurship. Chamber of Commerce: “Nyenrode is an interesting business partner for the DPTA and I am very happy Another new element in the DPTA of this year is the that we are cooperating with them this year. Not possibility of audits that will be done by students Fred Hoogerbrug, only have they offered to host the prize giving at the of the Nyenrode University. They will be visiting a Chairman of the Nyenrode University, which is an excellent location, selection of the qualified companies in order to Netherlands - Polish but they also have committed themselves to an active conduct an analysis into their business activities. Chamber of Commerce. involvement in the organisation of the trade award.” Fred Hoogerbrug: Even if you do not win the prize “Even if you don’t win, you will gain some valuable insight about the way your company operates.” 6 issue 27 Bulletin this year, you will gain some valuable advice about your company and the way you operate.” The Dutch Polish Trade Award has been established since 2005 to bring the success of Dutch entrepreneurs in Poland in the spotlight. Those successful entrepreneurs should set a good example for businessmen that are considering establishing a company in Poland. Over the years, the way the Dutch and the Poles are trading has been changed, and also the type of companies that established themselves here has developed. Beside the SME and agri businesses, there are now also many companies active in the service sector. Since Poland officially entered the European Union, many small Polish companies have become established in the Netherlands. That is why the organisers want with this trade award open also for Polish companies doing business in the Netherlands. “By attracting entrepreneurs from both countries, we want to build a stronger network between companies and we hope that in this way we can learn even more from each other”, says Fred Hoogerbrug. “We would like to attract a broad range of companies, not only from the SME business or the trade” Pierre van Hedel, Chairman of the Netherlands – Polish Centre for Trade Promotion and Entrepreneurship(NPCH). Downturn Van Hedel doesn’t think that companies under the current downturn aren’t interested and much too busy with their work. “Companies are currently under restraint, because we are in a food crisis, an energy crisis, and a financial crisis. But I think that a crisis can be a very good time for companies to come up with new ways of doing business. It is especially these type of entrepreneurs that I would like to invite because they can be an example for us and we can learn from them.” Winning the prize The winner is offered a ’seat’ in the Nyenrode Entrepreneurial Leadership Program Poland. But most of the participants are more interested in the networking opportunities when winning a DPTA award. Pierre van Hedel: “I know from past winners that they were much more interested in the platform that we offer them, where they can explain who they are, what their plans are and to show their capabilities to an audience of highly professional businessmen.” The prize giving is generally attended by around 300 people. Among the attendees, you will find ministers, ambassadors. Pierre van Hedel also plans to organise a diner for the top five candidates this year together with a few highly placed businesspeople. “This should be an meeting that we like to offer to the best companies. In this way we can offer the companies something more and also the possibility to do some networking.” Otto van Veen: “By being the main sponsor, we want to reposition the trade award this year” Why did Nyenrode decide to sponsor the Dutch Polish Trade Award 2009? “Nyenrode is expanding its activities in Poland. We have had a successful introduction of the first Entrepreneurial Leadership Program. This year we will strengthen our cooperation with Kozminski University, the number one business school in Poland. For us the Dutch Polish Trade Award is a unique opportunity to profile ourselves with these activities in Poland. It is a signal to the market that when it comes to Poland you have to go to Nyenrode. Besides that, 2009 is the European Year of Creativity & Innovation. With the ‘crisis’ of this moment we see many challenges to connect all this with the DPTA.” Nyenrode University wants to help the organisation to take a completely different approach… “When I joined the activities surrounding the trade award last year, I thought there was room for improvement. On one hand, you have a first rate audience of top businesspeople that attend the prize giving event. On the other hand, in my opinion there was a need for an extra assessment of the qualifying companies. In this we as the Nyenrode University are specialized and with that we are going to help to bring the DPTA to a broader level.” What companies can participate in this year DPTA? “I think that it is important that beside the Polish-Dutch companies, to also let in the companies that are connected to the Netherlands, but are Polish from origin. We also would like the award to be accessible for larger companies, consultancy firms, banks, retail and production companies, like Philips or Unilever. I think that in every company creativity can be found, in every company people are busy with ideas. But very often their ideas are killed in formal procedures. That is why large companies have difficulties to change like elephants who can’t dance.” What are the conditions for a company to join the DPTA? “I think for candidates that want to qualify for the first prize, it is important that they can show active involvement in renewal and change within the company I am not talking about innovation and creativity in the production only but also on a managerial level. Entrepreneurs can come up with marketing cases or environmental issues. This can be a HRM issue that you solved on the work floor, or a problem that you tackled with the aging workforce, that is an enormous issue here in Poland. We also like to invite companies that have been gone through a change due to the economic crisis. Most often you see that innovation and renewal is caused by a sense of urgency, like a crisis.” What will be the reward for the companies that join this year’s DPTA? “I want to emphasize that all attendees will benefit from the prize. Companies that qualify will have the opportunity to participate in the Situational Outlook Questionnaire, which measures the climate for creativity and innovation. The companies also will be visited by students of Nyenrode, who will provide a mini audit. So the advantage for the applying companies is enormously. They will get great feedback about their company. As the main sponsor, we will offer the winner a position for free in the European Leadership Program Poland. Apart from that, I would like to keep the attendees of this year together as an exclusive group that can regularly meet. I would like to organise some sort of alliance between them in order for them to learn from each other even after the end of the DPTA. I also like the idea of Pierre van Hedel very much, to organize a special dinner for the finalists.” issue 27 Bulletin 7 Advertisement Who will win the Dutch-Polish Trade Award 2009? 2009 is the European Year of Creativity & Innovation. Therefore the Dutch Polish Trade Award has this year a special focus on creativity and innovation within Dutch and Polish companies who are involved in economic relations between Poland and The Netherlands. On 27 October 2009 the Dutch Polish Trade Award will be awarded for the fifth time. The DPTA is a joint initiative of the Netherlands Polish Council for Trade Promotion (NPCH) and the Netherlands Polish Chamber of Commerce in Warsaw. The DPTA 2009 will carry the signature of Nyenrode Business Universiteit, who is the main organizer and host of the event. The program will include a seminar about the creative climate in organizations, a discussion between entrepreneurs with experience in doing business in Poland and a presentation of the nominated companies. One of the key note speakers will be Dr. Scott Isaksen, CEO and founder of the Creative Problem Solving group. Who can win the Award? A highly qualified jury chaired by Mr. Rutger Schellens, member of the Managing Board of Rabobank International, will select a company that has proven to be successful in using creativity and implementing innovation in business or company development. Both Dutch companies that are active in Poland and Polish companies that are active in The Netherlands can put forward their candidacy. The competition is open to small, medium sized or large international companies. Companies who want to compete for the award are requested to participate in the Situational Outlook Questionnaire which is part of the very serious but interesting selection procedure which delivers a lot of valuable feed-back. Does your company wish to compete for the Dutch Polish Trade Award in 2009? Please visit our website for more information about the nomination procedure: www.handelsbevordering.nl " actueel " Dutch Polish Trade Award. Or contact Lydia Aalpoel from NPCH: +31 (0)70-3441588 / [email protected]. Trade Award Winners 2005: Raben Group 2006: Goossens Flevopland At the ING House in Amsterdam, the first winner of the DPTA president Ewald Raben from the Raben Group receives the prize from Chairman Van den Brink of the jury. According to Van den Brink, the Raben Group is all over Poland. “Wherever you are in Poland, every half hour you will see a Raben truck passing by.” At the Rabobank head office in Utrecht, Goossens Flevoplant receives the DPTA from the Polish ambassador in the Netherlands, Jan Michałowski. “Prefer quality above quantity” and “Start with a small company” is the advice the company offers for starters on the Polish market. 2007: Addit 2008: Cobouw and Nijhof In the presence of State Secretary Economic Affairs Karien van Gennip and her Polish counterpart Pawel Poncyliusz, president J. Veltmans received the DPTA from Artur Habant, Chargé d’Affaires of the Polish embassy in the Netherlands. The prize giving took place at the head office of Centraal Beheer Achmea, a Eureko company. At the KPMG head office in Amstelveen, two winners received the Dutch Polish Trade Award 2008: Cobouw, specialised in the construction of industrial steel buildings and Nijhoff Wassink, already more than eighteen years on the Polish market. Nijhof Wassink is a logistics provider and holds a dealership of Volvo in Poland. Wassink 2009: Your company ? Advertisement Our world class services include: • • • • • accounting, tax advisory, audit company formation and registered address management analyses and reporting restructuring and dissolutions fiduciary and secretarial services We Care! SOL Financial Services Polska Sp. z o.o. E-mail: [email protected] www.sfs-polska.com Chamber events Beenhakker meets with the Chambers’ members Football and business have a lot in common. CEO’s and business managers know a thing or two about training sessions and the problems of how to get all your players on the office floor in the right direction. Therefore, it shouldn’t be a surprise to see that the business breakfast with Leo Beenhakker was a huge success. During the breakfast meeting nothing more was needed than a cup of coffee and a sandwich to get Leo Beenhakker’s engine started and to talk about the challenges in today’s football. The Dutch coach of the national team in Poland was fired up by one of the first questions from the audience who compared the current football in Poland with the huge successes in Polish football from the past. Beenhakker: “I think that Polish football in general has three big problems. When I talk with the responsible people within the PZPN to try to organise better conditions for the polish youth and Polish players, they start to talk to me about the successes in ’74 and in ’82. For me, since that time, the world has changed and also football has changed. What I have learned is that people who are always talking about the past have nothing to say about the future. And that is what they don’t realize. Here in Poland, many people Eric van Vliet, managing take a step back to show you how good they were. I am not director of Athlon Car Lease denying that they weren’t good. They were, but if you see football Poland, Leo Beenhakker now and you compare it in time, than everybody can see that it is a and the ambassador of the totally different sport. So there is the first problem.” Netherlands, Marnix Krop. “Secondly, there is the problem of developing talent. I travel a lot through the country and I visit a lot of matches. When I go the way it was. They don’t want change, and they don’t want there, I see a lot of players and a lot of talent. In Poland, there is to bring in the young generation. That really is a pity, because I no less talent than in a country like for instance the Netherlands can tell you that there are brilliant young players in Poland, and or France. But what we are missing here are they are very well conditioned. The current the conditions to work with this talent, to use officials in Polish football want to keep what “What I have learned they have as it gives them a certain security this talent and to develop it. Take a look at the conditions in which these players have to train. and a certain power. It’s all about power. is that people who My idea of training is not that you go, exercise, Because that was how the old system worked: are always talking and sweat a little bit and after that you take Who is in charge? Who has the power? This about the past have a shower. No, the idea of training is that after means that every time when you bring in your a certain time you have become a better nothing to say about theories, nothing new, but all according to player. And if the conditions aren’t there, it is the standards of today’s standards, then you the future.” impossible to make the players better.” are hitting a wall. I think in football this nation “If you look at football now and you see a club has such great possibilities but they don’t like Manchester United or Inter Milan, you have an example of a do anything with it. I always get very sad when I see that people good football team. It is not so difficult to translate this to your have a certain talent for something and they don’t use that own level and from there you can start improving yourself. But you talent or the society around them is not helping them to create need the conditions and you need to realize that this discipline is conditions to develop their talent.” totally different from ‘74 and ‘82. If you want to look at the past, I say to you buy a nice book, put it on your table, and dwell in your Next question please memories of the past. But don’t come to me about the matches of This strong exposé about the current situation in Polish football these time because that is all history, it is gone.” certainly stirred the crowd and fuelled even more people to ask “But there is more”, Beenhakker continues. “At the moment questions. Many hands are raised and one of the attendees asks when you talk about changes and when you talk about better Leo Beenhakker about his future in Poland as the national trainer. infrastructure; if you want to change the way of thinking, you Beenhakker puts a sombre look on his face, turns to the bar, are hitting a wall. In Polish football, still the older generation is and shouts: “Can somebody bring me something more stronger in charge. I have respect for what they did in their time, but the than coffee?” But then he turns to the audience more seriously to representatives of that generation want to keep everything like answer the question. 10 issue 27 Bulletin “I have met some serious resistance here in Poland but the problem is that the public opinion is totally on my side and on the side of modern football. People on the street and football fans are not stupid. They see what is going on and they see when you make some steps ahead in your organisation in the way of managing a team. They see that at least there is a possibility to do it better, or to make contact with the top ten in Europe. Because once again the talent is there, the players in Poland are great. So there is a struggle. And I still say this with respect to all of the parties. On the one hand, there is an enormous pressure on me not to make changes, but on the other hand, there are the 80 or 90 percent of the football fans that say ‘keep your hands off Beenhakker, because at least he is setting something in motion.’ But I must agree that this pressure makes it not a very funny job to do.” Leo Beenhakker: „Don’t come to me about the matches of the past, because that is all history, it is gone.” Among the audience, there were also many people who know Beenhakker from his past as the coach of the age of 21 or 22, but at the age of 25 or clubs like Feyenoord. Michael Chelmowski 26. But sometimes there are advisers around asks when Beenhakker expects the football “Polish football fans a player with dollar signs in their eyes or the club Feyenoord to win the national league players themselves have that, and then they are not stupid. They again? Beenhakker begins with a description of to do differently. The result is that after see what is going on decide the current trainer of Feyenoord, Mario Been. half a year, the player is calling and he says Beenhakker: “I have known Mario Been since and when you make that he is losing his place in the national team. he was twelve years old. He was an amazing some steps ahead in He doesn‘t play in his club in Italy either. And footballer at that time, but he was too relaxed then suddenly his career is over. We saw your organisation in in his mind to be an absolute top player. this happening to Matusiak and that is a pity When I knew he would be the new coach of the way of managing because he was a great player. He played very Feyenoord, I made an emotional decision well in the national team even without having a team.” and I decided that I wanted to help him. The any experience. But sometimes shit happens, origin of my love for Feyenoord goes back a you can do nothing against it.” long time. I grew up in the shadow of the stadium and I worked there three times. Feyenoord is inside of me, it is something that is in my blood. When you look at Feyenoord over its past history you see that they made a lot of mistakes. You can easily say that “I admire beenhakker for his we are now in the period of crisis management. I can tell you that perseverance” this is a real challenge. I promised Mario Been that he will win the national league and celebrate this at the Coolsingel in Rotterdam Michael Chelmowski, managing with Feyenoord in 2011. I will probably arrive there in a wheelchair, director of QNH Poland, one of because by then I will be 69, but I will be there with him.” the attendees of the breakfast Support the young talent with Beenhakker: The final question to Leo is about the support that Beenhakker “Besides from the possibility to gives to the young talent to develop their career abroad. Do they get to learn a lot of new business often come to Beenhakker for advice? “Some of the players do contacts at the Chambers’ come to me, but I will never be involved in the future of their career breakfast meeting, for managers unless they ask me to. The good thing of this is that I always try like me it is a learn full experience to create an atmosphere where players feel safe. That there is a to be present here and to hear confidential atmosphere from both sides. And as a result, when about the coaching work of Beenhakker in Poland. Last year players trust you they sometimes ask you for your advice.” I joined a conference with trainer Bert Goedkoop the former Beenhakker brings up the example of Radek Matusiak who also coach of the national volleyball team. Goedkoop, the same as played for the football club Heerenveen. Two years ago, in spite Beenhakker, has a strong drive and a lot of knowledge about of the advice of Beenhakker, Matusiak went to play in Italy, which how to turn a company or a team around. What Leo has done ended up ruining Matusiak’s career. Beenhakker: “We know that with the national team in Poland is actually the same as you it wasn’t the best idea for Matusiak to go to Italy. When a player do in a large company that is in trouble. You have to change is in the beginning of his twenties, it is always a matter of choice. Or you go for quality in your football career and the development the mentality of the people. I really admire Beenhakker for his in the long term. Then there still is a possibility to go to Dubai or perseverance and the fact that he made the players believe so when you are 29 to make the big money. And eventually when again that it is possible to win with this team.” a player is good enough, he will make the big money, but not at issue 27 Bulletin 11 Dutch Queensday in the centre of Warsaw The famous Dutch actor in Poland, Redbad Klijnstra is organising a street festival in the centre of Warsaw, based on the Dutch tradition of Queensday. This national holiday in the Netherlands is a day of togetherness and unity, where the Dutch celebrate the birthday of the Dutch Queen. The street festival in Warsaw is organised on May 17th and it is held in the Kubusia Puchatka Street. The street will be fenced off to give room for typical Dutch children’s games, individual musical performances and the performance of Dutch movies. Children are asked to join the free market, which offers them a free marketplace in the Kubusia Puchatka Street where they can sell their own items. Klijnstra: “Queensday in the Netherlands is a unique moment of culture exchange with the young people. This is where the children are raised with the famous Dutch commercial instinct. It all starts at the free market and on the free stage where you can to use and develop your own talents to earn some money.” The street festival is supported by several Dutch organisations in Poland, like the Dutch community Poolshoogte and the Dutch - Polish Chamber of Commerce. Klijnstra is inviting Dutch companies to take the opportunity to join the street festival and to promote their products. More information can be found on www.oholender.pl Business breakfast: Half of the employers expect that salaries will not grow On 17th Feb about 30 members of the chamber attended the business breakfast concerning the labour market, organised by the staffing agency Randstad and the law firm Domański Zakrzewski Palinka. The attendees were informed about recent developments in the labour market and the employment laws in Poland. According to Randstad in the current state of economy, it is more difficult than ever to make any predictions about the labour market. However, it is clear to see that about 10 – 15 percent of the Poles working abroad are coming back. Furthermore, the staffing agency predicted the unemployment to reach a peak this year of 12 or 13 percent. According to a study by Randstad and TNS OBOP Researches that was done in November last year, 50 percent of the employers expect that the salaries will stay at the current level and 42% of them think that the salaries will increase. According to the same study, the biggest challenges that are most often mentioned by employers are the lack of qualified employees, the instability of the zloty and the lack of motivation from employees to work. A look ahead to the job market of 2009 The job market that is held for the sixth time this year, is a regular event that is attended by many of the Dutch and Flemish companies in Poland. For director Małgorzata Szydłowska of the Netherlands – Polish Chamber of Commerce, it is easy to explain why: “Over the past years, many companies and jobseekers have found a match due to the job market. This news has spread around and therefore every year more and more people are attending the event.” As the number of Dutch companies in Poland is growing, so is the need for Polish staff, capable of speaking the Dutch and Flemish language. But is the job market able to make the match, since many students from all over the country are joining in? Szydłowska: “There is a huge demand for Dutch speakers all over Poland. For instance last year only two companies from Warsaw were attending the job market.” Szydłowska also noted another trend on the job market. More and more jobseekers with a Dutch background are attending the market. “Every year we see an increasing amount of candidates from the Netherlands, who are planning to establish themselves in Poland. These are Dutchmen who don’t yet speak Polish very well, but have a wife or a girlfriend in Poland and are looking for a job.” According to Szydłowska, these candidates account for twenty-five percent of the candidates. This year’s job market is organised by the Netherlands-Polish Chamber of Commerce and the Belgian Business Chamber, in co-operation with the Netherlands Embassy and the Office of the Flemish Economic & Commercial Attaché at the Embassy of Belgium. The job market takes place at April the 27th between 14.00 and 17.00 at the Hilton hotel in Warsaw. 12 issue 27 Bulletin A job market success: Agnieszka Murawska At the reception desk of the Embassy of the Netherlands in Warsaw, it is rush hour almost eight hours a day. But Agnieszka Murawska is keeping her cool and handles even the most urgent calls in calm and fluent Dutch, Polish, or English. For Agnieszka, visiting the job market two years ago meant a major change in her professional life. Two years ago, she was seeking to gain more practical experience in her study of the Dutch language at the Warsaw University. She succeeded in that after she had visited the stand of Randstad where she left her C.V. After a while, she was offered a job at the reception desk of the Embassy. Murawska is finishing her studies and gaining practical experience in the Dutch language at the same time. She advises all students to go to the job market for Dutch and Flemish speakers. “For me going to the job market gave me a good orientation about the possibilities I have with my Dutch language. So I think that even if you don’t get Agnieszka Murawska a job out of it, going to the job at the reception desk market can be a good learning at the Embassy of the experience.” Netherlands in Warsaw. Bob Kruijsse’s risk management seminar A seminar from Bob Kruijsse attracted a wide audience that was interested in the topic of risk management. In his seminar that was held in January, Kruijsse advocated the importance of risk management in a company, and to put this on the companies’ agenda at a high level. Without doing that, companies are paying too much for insurance or there is a chance that many potential risks are not covered. During the seminar, Bob Kruijsse warned that if the risks within a company are not managed well, there could be a high incidence of claims, which leads to high premiums and therefore reduced profitability and possibly uninsurability. Besides, from the insurable risks, there are also many losses that are not covered, and can never be covered by insurance, like major business disruptions that come with a loss. Kruijsse taught the attendees the value of an effective risk management program, which continually seeks to identify, assess, and control areas of risk exposure. According to Kruijsse, the scale of savings to be gained from effective risk management should not be underestimated and is certainly not restricted to the direct or visible costs such as compensation payment and equipment replacement. Kruijsse also showed that for every euro of insured loss, between 8 to 36 Euros’ of invisible loss is also incurred. Under the current downturn, companies might be tempted to cut their insurance costs. Kruijsse warned to do this without the accompaniment of a risk manager. “You might risk having to pay for high damages yourself.” Advertisement When it comes to bankruptcy, it pays to be an insider Poland has long been a country with a relatively low amount of bankruptcies. However, that period has now ended. Bulletin talks to Janusz Sekowski and Robert Nowak of PricewaterhouseCoopers’ business restructuring group. “The first critical point is to talk to each other and gain an understanding of the situation and be prepared for open and honest dialogue.” Janusz Sekowski, director of the business restructuring group of PricewaterhouseCoopers Who can file a bankruptcy in Poland? Janusz Sekowski, director of the business restructuring group of PricewaterhouseCoopers: “A bankruptcy can be filed by the debtor itself, or by any of the creditors or the lenders to the company. There are obligations that are stipulated by Polish insolvency law when the management of a debtor is obliged to file for a bankruptcy. This occurs when the amount of liabilities exceeds the companies’ assets. The company should also consider filing if it can not serve its’ significant part of liabilities as they fall due.” What types of bankruptcies are possible? Janusz Sekowski: “There are three types of proceedings that are stipulated under Polish Insolvency Law. The first one is liquidation bankruptcy, where the debtor is simply asking the court for admitting the bankruptcy and where the assets are sold by a trustee. The second type is bankruptcy with a possibility of composition. In this case, the management still runs the business; however, they ask the creditors to agree to a certain type of financial restructuring. Usually, it is the management who proposes such a solution, and creditors are asked to vote on it. The third is a rehabilitation procedure, which is aimed at companies who are in trouble and who foresee to become insolvent in the near future if no corrective actions are taken. This type of proceedings gives a company more time to prepare a more robust restructuring plan and to win time. It must be said that up to now rehabilitation procedure has been used only in a few cases.” What is your department noticing of the current global downturn? Janusz Sekowski: “There is definitely more work for us to do under the current market circumstances. We usually work for corporations that are in problems and want our help and support in preparing and implementation restructuring plans. We now also work for lenders. They want to gain more insight and understanding of the real financial situation of companies 14 issue 27 Bulletin they have lent money to. We also advise what kind of options are available for both debtor and lenders.” What are the legal instruments that give the basis for lenders to obtain information from their debtors? Janusz Sekowski: “Usually, in the lending agreement certain covenants are stipulated. If these are not met by the debtor, it may potentially lead to cancelation of the loan agreement and immediate repayment. That gives a lot power to lenders to request additional information.” Robert Nowak manager of the business restructuring group of PricewaterhouseCoopers: “If covenants are breached, the lending provider may also be entitled to change the terms of the loan agreement, raise margins or request additional security.” What are the most common solutions in such cases? Janusz Sekowski: “I think that the first critical point is that debtor and lender should talk to each other to gain an understanding of the situation, but also to understand the agenda’s of other stakeholders. It is important for all the parties to be prepared for an open and honest dialogue.” Robert Nowak: “If you own a company that is in financial problems and you want to talk this over with your lenders, you need a coherent and realistic plan with evaluated restructuring measures. You also have to show your lenders how much money this is going to bring in terms of cash flow available for repayments. Based on that, you can start talking about some form of debt restructuring.” Janusz Sekowski: “There are always a number of options available for the creditors. One is to continue supporting the company and another option is to file for bankruptcy. The lender will always try to assess which option generates the most return or would limit their losses. Usually if a restructuring is successful, it brings higher returns. But banks really have to be convinced that problems are understood and that there is the right team on the company’s side to implement the changes. There has to be a clear plan according to which the changes are implemented and which the banks can monitor and say we are on the right track.” What is the difference in terms of rules when the creditor is not a bank, but a contractor or a supplier? Robert Nowak: “In that case I would try to avoid filing for a liquidation bankruptcy, because your recoveries might be 30 or 40 percent if you’re lucky. Not only your recoveries are low, it is also a lengthy process to get you money back. So again, I would try to avoid that. There are other measures which typically produce better results” Janusz Sekowski: “The position of some of the creditors in the bankruptcy is rather weak, because many of them are not secured. Usually the bankruptcy gives more dividends for secured creditors. There are however, other solutions that companies may use to protect themselves if a bankruptcy might occur. Some companies put clauses in the contracts, where the ownership of the goods that are supplied, is not transferred until the last payment is made. So then in case of a bankruptcy, if these goods can still be identified in the bankruptcy estate, the creditor can reposes them.” What else can those unsecured creditors do if they want to avoid a bankruptcy? Janusz Sekowski: “I want to advise those companies to manage the risks very carefully and to implement good credit control proceedings. In this way, you can avoid many problems. This has become very important under the current downturn. Even customers that used to pay on time may have right now problems to do so. It would be wise to monitor the financial performance of your clients and to use business intelligence to obtain this information.” Robert Nowak: “Your organisation is a good source of information as well. Your employees might have valuable information about clients which is waiting to be collected and analysed. Moreover a change of mindset is necessary. Half a year ago, financing was not a problem. Now, even though the times have changed, still many organisations are sales and marketing oriented. I am of the impression that in some cases cash is not the main focus of management; however, it should be.” What are the biggest risk sectors in Poland Janusz Sekowski: “The best way to analyse that is to start from how consumers react to the downturn. Usually they have cut spending related to big and expansive items where there is no immediate pressure to buy such goods. These would be e.g. white goods, cars or travelling.” Robert Nowak: “PwC performed an exercise, where we looked at consumer behaviours in the UK when it was in recession in the nineties. One of conclusions was that making general assumptions about sectors might be misleading. For example, during this recession, men clothing (especially shoes) were such an item that was no longer in demand, but clothing for kids was hardly affected. So when you assess a business partner, its sector can provide an early warning, but you need to go into the specifics.” If you compare insolvency laws in Poland to other EUcountries, is this country in step with European neighbours? Janusz Sekowski: “The Polish insolvency law was redrafted in 2003, and in general the comments that we hear from banks and lawyers is that this was a good move and the right step forward. There is however, still quite a difference between the insolvency law in Anglo-Saxon countries and on continental Europe. My perception is that in the Anglo-Saxon countries, the regulations are more efficient and the processes are much quicker. Therefore, the debt-remains of the businesses are really lower and also the recoveries are higher. However on the continent there is a significant involvement of the court, and therefore the proceedings are lagging for a number of weeks or months and there is a big risk that within this time the value that is still trapped in this underperforming company will evaporate. For instance in the UK there are insolvency practitioners “Being an unsecured creditor that go into the troubled I would look for solutions other businesses before the official then filing for a liquidation bankruptcy is declared. bankruptcy of your business Therefore, they understand partner, because in this case the situation much earlier and recoveries might be low, 30 can quickly identify the best or 40 percent if you’re lucky. option for saving the value, This should be the last resort” which is still in the company. Robert Nowak manager of the In Poland however, it takes business restructuring group of longer until the bankruptcy is PricewaterhouseCoopers accepted or approved by the court, and in this period, the management is still struggling with the situation. The focus is more on having a fair distribution among the creditors rather than really on how to save and protect the value and then distribute the sum which is maximized.” Robert Nowak: “For instance with the bankruptcy of Lehman Brothers it took only several days to appoint an administrator in the UK, whereas in Poland it would probably take several weeks.” Increase of bankruptcies In the first quarter of 2009, the amount of bankruptcies increased by 11 percent compared to the same period over the last year. A study by the credit insurance company Euler Hermes showed that 105 companies have gone bankrupt in the first quarter. According to experts, this is only just the beginning. “The number of bankruptcies is likely to increase considerably in April and May,” claims Tomasz Starus, director of the risk assessment department of Euler Hermes in newspaper rzeczpospolita. The highest amount of companies that filed for bankruptcy could be found in the Mazowiecki- (21) and Śląski provinces (15). This is because those provinces are dominated by exporters who have been affected first and hardest by the crisis. According to Euler Hermes, the highest amount of bankruptcy’s can be found among companies in the production sector (31 percent). They are followed by the service industry and retail. issue 27 Bulletin 15 Advertorial Entrepreneurial Leadership Program 2009 In 2009, Nyenrode Business University from the Netherlands will launch the second edition of the Entrepreneurial Leadership Program for directors, managers and high potentials of international companies in Poland. In the ELP the following issues will be covered: • Focusing on long term issues • Personal coaching and development • Leading creativity and innovation • Applying practical business knowledge The Polish coaches :Beata Marcinkowska, Iwona Demidowicz, Monika Goetzendorf. On the background Luc de Schryver from CPSB. • Managing paradoxes • Solving complex business cases • Exploring leadership in unusual situations • Handling open and risky assignments the practical development of international entrepreneurial leadership since 1946. To make the ELP really into an international production, we have created several educational partnerships. In Poland • Your company today and tomorrow • Integrating various problem solving styles • Handling a ‘Living in the Fast Lane’ lifestyle. we cooperate with the Kozminski Academy and Business as unusual executive trainers of Robinson Consulting from “For entrepreneurial leaders, business is always Warsaw. We are also very happy with our Polish unusual. They have to be on the outlook and be coaches from Lodz and Katowice. The fact that receptive for unexpected turns. Very important is to participants can speak Polish when it is about their observe their own role in the process and how to personal development is a very great advantage. inspire people to look for alternatives. Business as Beside Polish partners we also cooperate with the unusual requires creativity, inspiration and the guts Creative Problem Solving Group from Brussels. to say no, even if an obvious solution seems at hand. They offer a huge toolkit of creativity and innovation The program will be delivered by the Nyenrode techniques for business. You see, this is a real Business University. ‘We have a tradition in European program’ Otto van Veen and Redbad Klijnstra For more information contact Otto van Veen, Program Director, tel +31653169255, e-mail: [email protected] or visit our website www.nyenrode.nl/poland All ELP photos: Jacek Krzysztof Wiśniewski Third step in Leadership development After a successful first edition in 2008, Nyenrode Business University will launch the next Entrepreneurial Leadership Program in the spring of 2009. The program aims at directors, managers and high potentials from international companies in Poland. Although formal education is not the selection criterion, basic business knowledge is required. Otto van Veen, program director of the Nyenrode Executive Development Centre: ‘ The Entrepreneurial Leadership Program is the third step in leadership development after MBA and managerial skills training. The selection of ELP candidates is rather critical. We need toppers who co-create a program where they feel challenged. This is a process you cannot standardize” Column DEALING WITH DISTRESSED COMPANIES court supervisor (in the case of arrangement). On the day bankruptcy through liquidation is declared, the bankrupt entity loses the right to manage, use and dispose of its assets, while in the event of bankruptcy through arrangement this right is seriously limited. In the period before bankruptcy there are several do’s and don’ts for creditors. When entering into contractual relations with a business facing bankruptcy a creditor should consider the legal risks he could face. Firstly, any contractual provisions preventing or hindering the aim of the bankruptcy proceedings, such as the other party to the contract having excessive termination rights in the case of bankruptcy, will be ineffective as regards the bankruptcy estate and will be ignored by the bankruptcy trustee. Extreme care should be taken with related party transactions in the pre-bankruptcy phase. Any such transactions carried out in the six months leading up to the petition in bankruptcy may be deemed invalid. Transactions in which the debtor disposed of assets either By Remco van der Kroft and Dr. Tomasz Chilarski free of charge or for the proverbial “one euro” in the year prior to the petition Remco van der Kroft is a Dutch advocaat and partner in Domański Zakrzewski Palinka, and Dr. Tomasz Chilarski is a senior lawyer with the same firm and has a doctorate in international bankruptcy law. yet due and payable being either paid or secured in the two months prior to in bankruptcy will also be ineffective. The same applies to debts that are not the petition in bankruptcy. Finally, when executing agreements with an entity facing bankruptcy it should be borne in mind that a liquidation bankruptcy declaration has far-reaching effects for the agreements to which the bankrupt Although Poland has not yet seen the significant increase in bankruptcies entity is a party, e.g. as regards termination, admissible set-off of receivables, that has been witnessed in the Netherlands recently, the financial situation of charging default interest. The Bankruptcy and Reorganisation Law contains many Polish companies is anything but flourishing. Although readers of this many provisions in these respects, which will apply whether the agreement magazine no doubt take care when choosing business partners by performing between the creditor and the Polish company is governed by Polish law or by a financial due diligence, there are other issues to be aware of. When dealing a different law. with companies in financial difficulties, the possibility of bankruptcy should be anticipated. During bankruptcy proceedings, there are numerous other issues that the creditor must be aware of. The first step that a creditor should take is to report There are two types of bankruptcy in Poland. There is also a procedure akin his receivables to the bankruptcy trustee. This should be done by the deadline to the Dutch “surseance van betaling” or the American Chapter 11 protection, set by the court in the bankruptcy declaration, as any delay will lead to the known as “reorganisation proceedings“. However, as this is hardly ever applied creditor having to bear additional proceedings costs and being unable to in Poland we will not discuss it here in any greater detail. participate actively in the bankruptcy proceedings. This may mean inter alia that he loses certain rights to challenge decisions made by the bankruptcy Under the Bankruptcy and Reorganisation Law of 28 February 2003 (as trustee. recently amended), a company should file for bankruptcy if it fails to pay its debts when they fall due. A petition in bankruptcy should also be filed when the Creditors who report their receivables and become participants in the company’s liabilities exceed the value of its assets even if it is still able to pay bankruptcy proceedings have a range of procedural entitlements during the its liabilities regularly. This provision is controversial, especially as members of proceedings, e.g. they can motion for the debtor’s actions to be deemed a company’s management board can be held personally liable if they fail to file ineffective, appeal against actions taken by the bankruptcy trustee and the for bankruptcy within 14 days of one of the aforesaid events occurring. judge commissioner, and participate in creditors meetings and creditors councils (if such bodies are appointed). An important point here is that A petition in bankruptcy can also be filed by a creditor. If the petition is filed by creditors have the right to object to receivables being recognised or to a the debtor, a proposal for settling with creditors can be attached together with refusal to recognise receivables when a list of receivables is being drawn up. settlement financing proposals. Creditors can also object to the allocation plan. Once the court has examined the petition in bankruptcy, it may issue a judgment declaring the debtor bankrupt in which, inter alia, it appoints Although under Polish law, creditors do not run bankruptcy proceedings a judge commissioner and a bankruptcy trustee (in the case of liquidation) or a against the debtor, they can have a significant influence on the case. issue 27 Bulletin 17 Career tracker HR Announcements Willem de Mol Willem de Mol has been appointed as interim finance director at Perfetti Van Melle Polska. In this role he is (next to the regular CFO duties) responsible for the closure of the Tarczyn factory. A successful commercial operation with around 200 sales staff will remain, distributing brands like Mentos, Chupa Chups and Alpenliebe, that will be imported from other PVM factories around the world. After various corporate financial positions in the Netherlands, Willem has been active in Poland since 1999. In 2005 together with Arjen Bergman, he founded his own company, polish business services (PLBS), which is specialised in co-packaging of sugar confectionary and chocolate products for a selected group of large producers from the Netherlands and Belgium. With two production-sites, a flexible workforce of several hundred people, own logistics and IFS/BRC certification, this operation is rapidly growing. Being a chartered accountant and with having a wide experience in Poland, in 2007 Willem added a second leg to the PLBS activities, being administrative services, consultancy, and interim management. Both for starting and existing companies in the Polish business environment. Wilbert Stoffelen Wilbert Stoffelen (42) has been appointed as Administration Division Director, Member of the Board, of Makro Cash & Carry Polska S.A. In Poland Makro Cash & Carry is a leader in the self-service wholesale trade and owns 29 stores with a total of 250,000 sqm. Makro Cash & Carry employs in Poland over 7,000 people. In this position, Wilbert is responsible for controlling, finance and accounting and taxes, information management, supply chain management and general administration. He is also member of the board of Metro Group Advertising Poland and ECR Poland. From profession Wilbert is a certified public auditor, and after fifteen years of working in the audit practice, he left Ernst & Young accountants. The last five years he worked in the FMCG industry at Struik Food Group N.V. and Johma Salads, subsidiary of Uniq plc, as CFO. Ton Kentgens As of April 1, Ton Kentgens founded his own consultancy company in Poland. He offers consultancy/expertise in asset management in CE, retailbanking strategies in CE, business culture and network introductions in PL. After his studies, Business Economics at the University of Maastricht, Ton Kentgens worked for The Open University of the Netherlands as an associate professor in Finance. He pursued his career at ABP, the pension fund for state employees, as European Equity Manager. In 1996, he began working for the Rabobank Group. In the past 12 years, he gained experience in various parts of the Group: local banks, headquarters, and Robeco (the asset management company of the Group). Kentgens also worked for the retail banking division of the Bank BGZ, an acquisition of Rabobank. In November 2006, Mr. Kentgens was asked to set-up and lead the local operation of Robeco in Poland, which he did until Robeco decided to cease their activities in Central Europe in February 2009 because of a strategic redirection. Remco Norden Remco Norden was appointed general manager of the Hilton Warsaw Hotel & Convention Centre. Born in Amsterdam, Remco graduated from the Hanze College Zwolle in the Netherlands, where he studied hotel management and food service education. He has been with the Hilton for 14 years working in various positions in London, Amsterdam, Brussels, Stockholm, Vienna, and most recently as general manager of the Hilton Prague Old Town in the Czech Republic. He speaks fluent Dutch, English, Swedish, German, and French. Remco is married with two children and in his free time enjoys spending time with his family, and is also fond of cooking and quality wines. Raymond Tans Raymond Tans has been appointed as counsellor for agriculture, nature, and food quality at the Embassy of the Kingdom of the Netherlands in Warsaw. Before taking up this job, he was an advisor for the EU horticulture policy in the directorate for international affairs of the ministry of agriculture in The Hague. In this function, he had many contacts on the EU level and had the opportunity to cooperate with agricultural authorities in several newly accessed member states. From 1997 until 2002, he worked as counsellor for agriculture in Berlin and Bonn. Before he has been a.o. head of the public affairs office in Brussels for the association of flower auctions in the Netherlands (VBN). Raymond Tans was born 59 years ago in Maastricht. Paweł Wojciechowski Paweł Wojciechowski submitted his resignation from the post of PAIiIZ President due to his appointment to the position of Under-Secretary of State in the Ministry of Foreign Affairs. PAIiIZ, the Polish Information and Foreign Investment Agency, helps investors to enter the Polish market and find the best ways to utilise the possibilities available to them. PAIiIZ also supports firms that are already active in Poland and provides rapid access to information relating to legal and business matters and also provides help in finding the appropriate partners and suppliers in Poland. Guido Vreuls Guido Vreuls (39) has been appointed as Otto Workforce’s new Manager for Eastern Europe. Until now, Vreuls worked as a general Manager of the company in Poland, where he has lived and worked for seven years. His office is located in Opole- the capital city of Polish Song, but Guido travels a lot between offices in Poland, Netherlands and now in Eastern Europe (Czech Republic, Slovakia). Otto Poland wins lately many prizes: The BCC Medal Europejski, Złota Spinka, Nasze Dobre Opolskie, and others. Guido was involved in many sports initiatives - for the last 2 years Guido Vreuls has been a president of the football club, Odra Opole. Otto Workforce is also the sponsor of Aida Bella- a talented short track competitor in Poland. Theo Tiegelaar Theo Tiegelaar (61) started a new career as a freelance executive consultant. Theo resigned last year from his position as managing director of Grontmij Polska. He worked for almost 10 years in Poland and built up with Grontmij Polska a leading position in various markets, such as building and real estate, transportation, water, waste and energy. Before Poland, he did similar jobs in the Netherlands, Russia, Hungary, and Ireland. Now he supports (mainly consulting and engineering) companies in setting up their business in Poland or as a senior project manager of complex development projects. Theo Tiegelaar lives partly in Poland (Poznan) and the Netherlands. 18 issue 27 Bulletin Roel Annega Roel Annega has started as Business Unit Marketing Director for CocaCola, based in Warsaw. In this role, he will be responsible for marketing the Coca-Cola Company beverage portfolio in Poland, the Baltic’s, the Czech Republic and Slovakia. He has already relocated with his family from Berlin to Warsaw. Roel joined the Coca-Cola Company 11 years ago and has worked in a variety of positions throughout Europe. He brings over 20 years of marketing experience. Before joining Coca-Cola he worked for Nestle and Wessanen Michel Zuidgeest Michel Zuidgeest (38) assumed a new position with ING Group in the Netherlands in 1st quarter 2009. In his new role as program manager, he is responsible for the integration of ING’s business banking activities (between Postbank and ING Bank Nederland). Michel was an active member of the Board of the Dutch - Polish Chamber of Commerce during two years. He will move back to the Netherlands with his family after international assignments in France, Belgium, India, and Poland. Peter van Ooijen (45) has been appointed chief insurance risk office (CIRO)/board member of the insurance company of ING Poland. After receiving his master degree in Mathematics from the Dutch University of Leiden in 1986, he started to work with ING in the actuarial department. In 1991, he became an actuary and a member of the Dutch actuarial society. At this time, he held several management positions in the Netherlands, and from January 1st 2003, he was controller of division intermediary (which consists of Nationale-Nederlanden Life and Non-Life, WUH and Movir). From March 1st 2006, Van Ooijen was CFO/CIRO of NationaleNederlanden Group Life which job he held until the 1st November 2008. Bob Kruijsse As from the beginning of this year, Bob Kruijsse began working fully as a private Risk and Insurance Management Consultant. For over 28 years now, he has studied the various aspects of risks, and how to deal with them. Thanks to this kind of approach, he has developed an instinctive feeling for risks and a very practical approach to risk management. He also is one of the founding members of the Polish Association of Risk Management POLRISK. His risk management philosophy consists of proactively planning, implementing, measuring and monitoring risk management practices to minimize and mitigate systemic and idiosyncratic risks inherent in the businesses of his customers. Geert de Groot Geert de Groot (29) has been appointed brand manager winiary at Nestlé Polska S.A. He started his career with Nestlé in the Netherlands, moving through various marketing and sales functions in the retail as well as out of home business of Nescafé. Prior to joining Nestlé Polska, he was assistant commercial advisor for the food business at Nestlé’s head office in Switzerland. As part of a corporate program for young commercial expats, it is expected Geert will move across different commercial functions within Nestlé Polska. His partner Inge Kleemans joined him for this exciting new challenge in Poland. New members AXA-MAG Sp. z o.o. AXA-MAG Sp. z o.o. has, since 1996, been the manufacturer of aluminium hardware for windows and doors, intended for both apartments, industrial and public utility buildings. Since 1999, AXA-MAG Sp. z o.o. has exclusively belonged to AXA Stenman Industries. That European holding incorporates Stenman Holland B.V., BASTA A/S, AXA-MAG Sp. z o.o. and AXA Thailand. The benefits of over a hundred years experience combined with competent technical staff and modern management methods make the products offered by AXAMAG meet the highest quality and safety standards. In June 2003, AXA-MAG was awarded a Certificate to acknowledge compliance with the requirements of the ISO 9001:2000 Standards. AXA-MAG was also rewarded GAZELA BIZNESU for 2008 results and was nominated for the Dutch Polish Trade Award 2007. At Aromedia Polska At Aromedia Polska, it’s all about education and work. Over the past years, we have introduced and developed many products that are widely used by students and highly educated professionals. Our activities in Poland were inspired by the success of the student’s diary Planner Akademicki. The planner has gained huge popularity among students and among our partners from various fields. For the last four years, we have organised a Career Fair. This highly regarded event is attended by recruiters covering areas from management, consultancy to charity work. In Poland our product range, consists of printed products, events, and websites for a target group between 18 and 30 years old. Aromedia Polska Sp. z o.o., ul. Bruna 16 lok.11, 02-594 Warszawa tel. +48 22 875 29 05, e-mail: [email protected] www.targi-kariery.com Roland Weening Roland Weening (39) has been appointed vice president of savoury foods Central, Eastern Europe & Russia for Unilever. Previously Weening held management roles in Ireland and Italy for this company, which markets brands like Dove, Magnum, Knorr and Lipton. In his new position, Weening leads a team based in Warsaw in developing the savoury foods business in the region. ”An exciting region with lots of growth opportunities for our main savoury brand Knorr. More and more people can use a bit of help with cooking these days, so we are constantly looking to develop more tasty, natural and convenient products for them”. Roland holds a degree in economics from the university of Amsterdam and is now living with his wife and three sons in Warsaw. Maciej Mitoraj As of March 1, 2009, Maciej Mitoraj was appointed marketing director of Grupa Żywiec S.A. Mitoraj is responsible for marketing strategy for the whole portfolio of the Grupa Zywiec brands. Maciej Mitoraj graduated from the economics academy in Poznan. He started his career in 1995 with Nestle, where he was responsible for individual brands. He moved up all the levels starting with marketing assistant, product group manager, national key manager to become eventually district sales manager. Starting from 2000, he worked at Kompania Piwowarska as a senior brand manager (Tyskie and Dębowe brands). X3M Digital SA X3M Digital SA (former Euromarketing Group Sp.zo.o) is a joint Stock company with its core business folded around MULTIMEDIA CONTENT, more specific what you can do with it. CREATE-PLAY-RECORD-TRANSMIT-STORAGE * Production of TV programs-Video – DVD (by TV PRO a 100 % daughter company) * Production & Distribution of TV tuners for watching & recording TV on your PC or notebook www.x3mtv-tuners.com * Internet TV portal www.x3mtv.pl * Internet Radio-& TV player www.x3mplayer.com With this player each user can create their own internet portal with hundreds of multinational content feeds. Besides our company in Warsaw-Poland, there are representative offices in Germany and Holland. X3M Digital SA, ul. Laczyny 4 Derby II, 02-820 Warsaw tel. 022-32 333 20, www.x3mdigital.com issue 27 Bulletin 19 The Netherlands - Polish Chamber of Commerce invites new members Scala Construction Scala Construction has been operating on European market since 1999. We offer a wide range of services, such as building construction, redecoration and, most importantly – our new service - restoration of historic buildings and monuments. Our company bases on Polish resources of highly qualified, experienced staff appreciated in the European markets. The level of our services finds confirmation in numerous references from Netherlands, Belgium, Norway, United Kingdom, Poland, and Sweden, achieved in the 10 years of the activity of us. We execute comprehensive tasks, planned for many months or short- term tasks. Scala Construction est. 1999 offers quality assured services at competitive prices. Scala Construction Sp. z o.o. 11 Heweliusza Street, 80-890 Gdańsk tel. +48 58 321 72 45, fax : +48 58 321 72 46 [email protected], www.scalaconstruction.pl The Polish Council of Shopping Centres The Polish Council of Shopping Centres is a non-profit organisation established in 2003. Members of PRCH represent all professions involved in the retail property industries in Poland: owners, investors, developers, managers of shopping centres, architects, lawyers, consultants, retailers, fitout companies, and other professional staff working in or supplying services to the managed retail environment. PRCH’s main objectives are: lobbying and promoting the Polish shopping centre industry, business networking, providing knowledge on the operation of shopping centres by trainings and seminars, market research and information about current trends. More you can find at www.prch.org.pl. Polish Council of Shopping Centres ul. Nowogrodzka 50, room 448 00-695 Warszawa tel./ fax. +48 22 629 23 81 email: [email protected] Brunel Polska Sp z o.o. Brunel Polska Sp z o.o. specialises in flexible employment of highly qualified specialists in the field of engineering, building and construction, oil and gas, automotive, finance and insurance and banking. Brunel’s Polska core activities are secondment, recruitment and selection. Headquartered in Wroclaw, Brunel Polska is in close cooperation with 90 offices 20 issue 27 Bulletin of Brunel International N.V. located in 32 countries in Europe, Asia, Africa, Australia, and North America. This means that we can provide our clients with Polish specialists and/or international professionals if requested Incorporated in 1975, Brunel has since become an international concern with 8000 employees and an annual turnover of € 714 million (2008). For more information on Brunel Polska, please visit www.brunel.pl BRUNEL POLSKA Sp. z o.o. Silver Forum, Strzegomska 2-4, 53-611 Wrocław Tel: +48 71 776 07 45 e-mail: [email protected], http://www.brunel.pl The Hilton Warsaw Hotel & Convention Centre The Hilton Warsaw Hotel & Convention Centre brings a unique, fresh style of contemporary living to the central business district of Warsaw, Poland. The hotel features 314 ultra modern, stylish guest rooms and suites featuring the latest technology, grand PISTACCIO Lobby Bar & Lounge, MEZA Restaurant offering modern European and Polish cuisine, cool AXIS Bar serving the widest selection of vodkas in Poland, the largest and most advanced convention and event facilities (3,000 sqm., 32,290 sqft.) in the heart of Warsaw (1,406 sqm., 15,130 sqft. pillar-free Warsaw Hall, 12 multifunctional, state-of-the-art Hilton Meeting Rooms, 1 exclusive Hilton Boardroom), high-tech business centre, 3,800 sqm. (40,900 sqft.) Holmes Place Lifestyle Club featuring a 200 sqm. (2,153 sqft.) pool with Jacuzzi Nyenrode Business University Nyenrode was founded in 1946 by a group of international Dutch companies. The objective was to educate young people to act independent and competent within and outside the Dutch borders. Since then the scope of Nyenrode has been broadened with MBA studies and executive programs. From 2008 Nyenrode is active in Poland with the Entrepreneurial Leadership Program In May 2009 Nyenrode will sign an agreement with the Kozminski Academy for Entrepreneurship and Management in Warsaw and in 2009 Nyenrode will host the 5th edition of the Dutch-Polish Trade Award. Contactperson and representative for Poland is Otto van Veen, program director for executive program; [email protected], +31653169255. Private Members: Jan Willen van Dam - Vendere Consultancy & Training BV Koen Haverbeke - The Flemish Representation in Poland Piotr Wawrzyniak - Kennedy van der Laan News from our members The Dutch Graphic Design travelling exhibition arrives in Poland History books invariably call the 17th century the Netherlands’ Golden Age. But when it comes to graphic design, there’s a lot to be said for giving that title to the 20th century. The exhibition the Golden Age: Highlights of Dutch Graphic Ivens & Co Photographic Supplies, Design (1890–1990) shows designed by G. van Caspel 1899. the quality and diversity of the graphical design of those days. After a month in Ljubljana, the travelling exhibition has moved to the Wilanów Poster Museum in Warsaw. The exhibition of classic posters and book covers will remain on view here until 31 May. Golden Age showcases highlights of 20th-century Dutch graphic design. These represent the peaks of the Art Nouveau, De Stijl, expressionist, Dutch constructivist and post-war rationalist movements. Visitors can drift back in time as they view posters by designers like Jan Toorop, Theo van Doesburg, Bart van der Leck, Piet Zwart, Paul Schuitema, Willem Sandberg, Dick Elffers, Jan Bons, Pieter Brattinga, Jan van Toorn, and Wim Crouwel. Individually and collectively, their designs represent a unique, surprisingly coherent cultural tradition. Thanks to its originality and subtle complexity, much of this work continues to inspire graphic designers today. A programme of workshops, lectures, and tours accompanies the Golden Age in each city it visits. The activities are aimed largely at graphic-design students and are meant to generate cross-cultural exchange. Since 2007, the exhibition has appeared in Bucharest, Sofia, Budapest, Madrid, the Dutch city of Breda, Istanbul, and Ljubljana. After closing in Warsaw, it will move to Brno, in the Czech Republic. Unilever opens first R&D centre in Central & Eastern Europe Unilever has opened its Centre of Excellence Liquid Foods in Poznań, the first global foods product development centre in the Central & Eastern European region. The multinational has invested 16 million EUR in the new centre. The R&D Centre is responsible for product, process and packaging development for food products to brands like Knorr, Hellmann’s. The R&D centre employs 65 R&D professionals from 13 countries. Vindi Banga, Unilever CEO for food and cosmetics, confirms that investment in Poland continues to be attractive and the food market is highly absorbent. Within the last three years Unilver’s investment outlay in Poland reached 300 million PLN. Beside the two Poznań-based facilities, the company constructed also a tea factory and a transport management centre in Katowice. 24-7 and Tebodin SAP-project on the move PR Agency 24-7 PR has won the contract for servicing Tebodin SAP-project with corporate communications, press contacts and CSR activities. Tebodin SAP-Project is a magnificent company with high value projects. Shaping the recognisability of Tebodin on the Polish market is an attractive job”, says Dirk Aarts, managing partner of 24-7. The Polish - Dutch PR company 24-7 has been established in 2000. Since 2006 they are one of the 10 largest agencies in Poland. Tebodin SAP-Project (the daughter of Dutch consulting company Tebodin) has a leading position in consultancy and design in Poland. The company offers designing and complex management services of commercial, industrial and infrastructural investments across Poland Tebodin SAP-Project is already 19 years active on the Polish market and has a yearly turnover of 25 EUR million. DHV Polska signs new contracts for the construction of roads Consulting company DHV Polska signed a contract for the basic and final design of the build-up of the Polish national road no 14, section Sieradz – Walichnowy, with MGGP – surveying company as a partner. The contract is worth about 2 mln. EUR and refers to a 43.6-km long road section. The Polish national road no 14 leads from Łódź to Wrocław. DHV Polska is also the author of the environmental impact assessment (EIA) analyzing three possible alternative routes for the so-called Augustów’s bypass, which has been recently discussed in Bulletin, the magazine of the Netherlands Polish Chamber of Commerce. The bypass reduces heavy transit traffic on the expressway to limit the inconvenience to the inhabitants of Augustów. The EIA analyzes three variants of the bypass and the measures aimed at reducing the negative impact on mammals, amphibians and reptiles living in the Augustów Primeval Forest, a Natura 2000 site. The bypass of Chojnice for which DHV Polska held the supervision. Dutchmen organize championship in Poland The official petition with notification of Poznan as a candidate to organize the Homeless Word Cup 2011 was folded on Friday 13 March 2009. Leo Beenhakker – the coach of the Polish Representation in Football is going to become the ambassador of the event in Poznan. Guido Vreuls, General Manager of OTTO Poland is the originator and coordinator of the project. The street soccer is played in more than 60 countries all over the world. During the last world cup in Melbourne the national team of Poland took the 13th place among the 48 teams from all the continents. Earlier, in Copenhagen they won a silver medal defeating 46 teams. Guido Vreuls: “The homeless world cup will show how sport opens up opportunities for young people, often from families at risk, to develop themselves and shape their future in a valuable manner.” issue 27 Bulletin 21 Embassy page Heroes or villains – revisited In this Bulletin’s issue of March 2008, we predicted that Poland should be able to achieve a ‘hero’ status with regard to certain Lisbon targets. What happened since? Will Poland’s competitiveness continue to improve in the aftermath of the worst economic crisis since the 1930s? Written by Frank ter Borg and Willemiek Everts (Netherlands Embassy) In 2000 at Lisbon the European Council, the heads of state and government of the European Union Member States, set out an ambitious target. By 2010, the EU had to be the most competitive economy in the world. In order to achieve this target the European Council adopted the so-called Lisbon agenda for jobs and growth, covering five broad areas: innovation, liberalisation, enterprise, employments, and social inclusion and sustainable development. The Centre for European Reform (CER), a London based think-tank; every year publishes a ‘Lisbon Scorecard’. The Scorecard provides an assessment of Member States’ overall Lisbon performance. Countries that already meet many of the Lisbon targets can achieve ‘hero’ status, as can those that are catching up rapidly. Those that lag seriously behind and make slow progress are designated as ‘villains’. In 2007, Poland was put on place 26 (of 27). It was qualified as a ‘villain’ in four categories. In 2008, economic growth in Poland reached 5.4%, unemployment declined and the Złoty appreciated. But the expanding economy masked a poor record regarding the Lisbon criteria. As the 2009 ‘Lisbon Scorecard’ indicates, Poland has improved its position, Minister Donner visits Minister Fedak On 1-2 April, the Dutch Minister of Social Affairs Piet Hein Donner visited Warsaw. The reason for his visit was the pursuit of the Joint Declaration he signed with the Polish Minister of 22 issue 27 Bulletin but continues to have a low ranking (24th place). Poland made improvements regarding the regulatory burden and in bringing people to workforce. It did not however, achieve ‘hero’ status in any category and is still a ‘villain’ with respect to the telecom sector, the business startup environment, climate change, and state aid and competition policy. It could very well be however, that this poor performance is due to the fact that the legislative ‘October Revolution’, a slew of a new legislation initiated by Secretary of State Adam Szejnfeld, only was effectuated later – too late to be fully reflected in the ‘Lisbon Scorecard’. Contrary to the CER, the ‘Lisbon Council for Economic Competitiveness and Social Renewal’, a Belgium based think-tank, puts Poland on 2nd place, concluding that Poland is well on target to meet the Lisbon goals. This outstanding result is due mostly to Poland’s strong scores on economic growth and productivity growth. When it comes to employment, human capital, future-oriented investment, and sustainability of public finances, it finds itself at the bottom of the scale – also here. Nonetheless, we may conclude that Poland’s performance has improved and - borrowing CER terminology – that Poland therefore can be classified as a ‘hero’ with regard to GDP and productivity growth. Social Affairs Jolanta Fedak a year ago. The Declaration facilitates bilateral cooperation in order both to ensure the free movement of people and services and to eliminate fraudulent practices on the labour market in both countries. Therefore, a Polish information campaign was launched that informed Polish workers in the Netherlands about their rights and duties. Thanks to the Ministerial visit, the cooperation will even intensify. Cooperation between Polish authorities dealing with unemployment and the Dutch UWV was established and the Polish Labour Inspection will join the Dutch Labour Inspection on their inspection rounds in companies hiring Polish workers. Both Ministers and their delegations were visibly satisfied with the agreements made. Visit Minister Bieńkowska to the Netherlands On 12-13 March, Minister Elżbieta Bieńkowska (Minister of Regional Development) paid a visit to the Netherlands. She spoke with Maria van der Hoeven, Dutch minister of Economic Affairs, about the financial crisis, structural funds, tender procedures in Poland and cooperation in the framework of the MOU (Memorandum of Understanding) concluded between the Polish Ministry of Regional Development and the Dutch Ministry of Economic Affairs in December 2007. Minister Bieńkowska said that the Polish government is trying to select in tenders on not only price, but also more on criteria of quality. Furthermore, she asked for Dutch technical assistance to combat the long procedures Poland. Under the MOU, Minister Bieńkowska underlined as priorities: innovation, spatial planning, and urban policy as instruments for regional development, as well as technical aspects regarding structural funds (methods of evaluation etc.). Minister van der Hoeven mentioned water management, energy (renewable energy, energy efficiency) and waste management as important and promising areas for cooperation. It was decided to broaden the scope of the MOU with these areas. During a Round Table meeting with Minister Bieńkowska and CEOs of Dutch companies, the Minister pointed out that for the spending of the 67 billion Euro (structural and cohesion funds) until 2013, most tenders for big projects (especially infrastructure) will take place in 2010. Will Poland continue to improve its relative position against the backdrop of the current economic crisis? Forecasts for 2009 with regard to GDP growth, employment, and investments, have been downward adjusted. Yet, basing itself on positive reports by the IMF, the Worldbank, and the European Commission, the Polish government is convinced Poland will continue to do (relatively) well. The government intends to continue to pursue the path of economic reform, also in order to pave the way for the introduction of the Euro. It may come as a surprise that Slawomir Skrzypek, the President of the National Bank of Poland – who himself appears to be no supporter of a speedy introduction of the Euro – in this respect fully concurs with the government. Also Skrzypek is convinced that Poland has to bring about more economic reform. The successful implementation of reform will decide the ‘hero’ or ‘villain’ status of the Polish economy in the longer term, not only on scorecards, but also ‘in real life’. New Publications Made in Holland ‘Made in Holland’ is a special publication of the EVD (Agency for International Business and Cooperation, part of the Ministry of Economic Affairs). In each ‘Made in Holland’s sector special’ a different sector of the Dutch economy is presented. The next ‘sector special’ to appear covers the energy sector and will be distributed by the Embassy in May 2009. The topics will include: Dutch state of technology and the way the Dutch share and coordinate Sanitation Solutions knowledge for the sake of complete systems and solutions, division for tailormade quality of living worldwide in wind, solar, bio, heat/cold storage, energy efficiency, geothermal energy, CCS (Carbon Capture and Storage) and North Sea as an Rural: Urban: energy source. High-tech: In August, another ‘Made in Holland sector special’ on water technology will be distributed and it will include three subsectors: industrial water, drinking water, and wastewater. Copies of these publications can be obtained via the Embassy: Daria Idsardi, tel. 022-559 12 39, [email protected] Pioneers in international business “Do It Yourself no-mix toilets” “dry toilets when water is in short supply” “biofuel from wastewater” Please note that Interviews and news updates on sectors previously published in these magazines can be found on: http://www.hollandtrade.com. New appointments Embassy This summer (July/August) there will be a number of personnel changes at the Embassy of the Kingdom of the Netherlands in Warsaw. First of all, Ambassador Marnix Krop has been appointed as Ambassador to Germany. He will be succeeded by dr. Marcel Kurpershoek, currently ambassador in Ankara (these appointments still have to be approved by the Ministries of Foreign Affairs of Germany and Poland prior to their arrivals). Furthermore, Mr. Frank ter Borg, Head of the Economic Department, will be succeeded by Mr. Bert van der Lingen who previously worked at the Embassy in Warsaw in the late 1980s to the early 1990s. Mr. Mauritz Verheijden (Deputy Head of the Political Department) will return to the Ministry of Foreign Affairs in The Hague and will be succeeded by Mr. Hein Knegt. Consul Richard Ambagtsheer will be posted at the Dutch embassy in Abuja (Nigeria) and will be succeeded by Mr. Leo van Gijn. Mrs. Erika Den Besten will be posted in Buenos Aires (she has already been replaced by Mr. Stephan Wijnhoff). Advertorial How to enforce your rights effectively in international trade First Things First: Choice of Law in International Commercial Disputes Successful litigation with a foreign adversary requires a determination of the governing law at the outset, or there is a danger that the relief sought, allegations and evidentiary motions may be improperly formulated – thus turning a winning case into a loser. Art. 47912 and 47914 of the Polish Civil Procedure Code streamlines commercial litigation by forcing the parties to state their complete litigation position in the initial pleadings (complaint or answer). Otherwise, they may be barred from making these assertions later. First they must determine which law (Polish or foreign) governs the transaction and what the substantive law provides. Only after this has been determined is it possible to formulate counts, allegations, and evidentiary motions effectively, in compliance with the procedures applicable in commercial cases. The point is not so much to comply with the formal requirement that a party to the litigation has to indicate which country’s law is applicable, but for the parties to the dispute – both the Polish party and the foreign party on the other side of the contract – to be aware that proper drafting of the complaint or the answer will depend to a large extent on the requirements imposed by the substantive law (Polish or foreign) which the court must ultimately apply when it decides the case. Overlooking the choice of law issue at the start of litigation can cause incurable harm to a party if it gathers evidence and draft pleadings paying attention only to its own domestic law and thus formulates its litigation position only from that perspective. This error can be particularly harmful where the provisions of the applicable law (whether Polish law, EU law, or the law of another country); treaties or conventions set forth evidentiary requirements or grounds for relief differing from those found under the legal system of the party’s home country. If a company does not have an awareness of this often-complex situation and is not in a position to gather the relevant documents necessary to demonstrate the course of dealings with a foreign counterpart, it may be difficult to establish a winning position in court. Andrzej Mikulski SETTING OF THE GOVERNING LAW FOR SALES AGREEMENTS IN INTERNATIONAL TRADE After the enforcement in Poland on August 1, 2007 of the Rome Convention of 1980 on the Law Applicable to Contractual Obligations, the importance of the act of November 12, 1965 decreased. The Rome Convention introduces the freedom of choice of law by the parties to a contract. International sale of goods is regulated by the United Nations Convention on Contracts for the International Sale of Goods (CISG) made in Vienna on April 11, 1980. The question, therefore, appears about the relations between the Rome Convention and the Vienna Convention. When searching for a law applicable to an international sales agreement subject to the Vienna Convention, a priority should go to the provisions of such Convention treated as material standards. The Vienna Convention causes that a sales agreement of goods shall be subject to conventional standardised norms, irrespective of whether the parties knew that the states where they are based are parties to the Convention. In turn, searching for the governing law for a sales agreement subject to the Vienna Convention in states forming parties to the Rome Convention, on an auxiliary basis, should occur with observance of its provisions. The Rome Convention can apply to any dispute of entities based in EU member states. Also, the Rome Convention will apply to disputes between entrepreneurs based in the Community and the ones from outside. The Convention may also be applied to cases that are not related to the territory of the EU, if the case is resolved by a court of a state bound by the Convention. Anna Zabielska ul. Kielecka 19, 31-523 Cracow, Poland tel. (+48) 12 410 77 00, fax (+48) 12 410 77 01 [email protected] www.mikulski.krakow.pl Huub Droogh – building on Polish tradition When RDH aspired to expand abroad, unlike many of their fellow architects and urban planners, they didn’t choose to go to China with its large scale building programs. Instead, they opened an office in Poznan. “I am convinced that you can only succeed abroad if there is a certain click with the country”, says Droogh. Huub Droogh: “Poles are very aware of their heritage but sometimes they themselves have no idea how much of it still is there.” When RDH aspired to expand abroad, unlike many of their fellow architects and urban planners, they didn’t choose to go to China with its large scale building programs. Instead, they opened an office in Poznan. “I am convinced that you can only succeed abroad if there is a certain click with the country”, says Droogh. When Huub Droogh joined a trade-mission to Poland in the summer of 2005, he planned this to be a quiet trip that he could use to reflect on the 24 issue 27 Bulletin future of RDH architects urban planners. Around this time, the company had already checked out and decided that it shouldn’t set up shop in Asia, but closer to home. Poland seemed to be a good step. “If you want to make a lasting bond between two parties there need to be more than just the money. Authenticity, in which we are specialised, is not the most requested quality to architects in China.” During the trade-mission, Droogh unexpectedly received his first assignment in Poland. He used this as a pilot-project and a test to find out if Poland would be suitable. “If you want to be active in CEE as an architect, you obviously end up in Poland. Quite soon I noticed that urban planning and architecture in Poland has many similarities with Western Europe.” For a company that is active less than a year on the Polish market you are quite successful. “We are indeed going through an exciting period. We offer consulting and advice concerning strategic planning for local governments and there is a huge demand for that. In the area of Warsaw, urban planning is running completely out of control. Local politicians are realising the need to do something about this.” When you look around Poland, you see that there is a lot of work to do for urban planners like you. “That is not applying for the whole of Poland, but certainly in the urban areas there are many difficulties. Those urban areas’ are expanding rapidly and this results in complete chaos. This is caused by the fact that the planning mechanisms of the local governments aren’t prepared for the speed of the developments and the power of the private parties on the market. Therefore, local governments need extra support and additional instruments to support this situation. And this is where we can offer our help.” customer is able to make more choices and quality will make the distinction.” So after the cheap and low quality buildings, we will now see developers making quality apartments? “That is where it will go. Quality and self-regulation of the market are the key elements in which I truly believe. And the government has to develop instruments to bring those two together. This might take another ten years, but in the end, when the client has a choice, he will choose for the best possible option. This is a logical development. Ten or fifteen years ago, we had the developers that built houses like boxes. But since then, we have seen the economy developing into a different phase. Companies that are establishing themselves in Poland are viewing their own real estate in a different way. They ask themselves, what their buildings will be worth in five years from now. Companies like these are another type of entrepreneurs than the early ones that wanted to make a quick buck and leave Poland for another country like the Ukraine. For those these new companies also the location is important and the companies by which they are surrounded. The best place for them is there where there are several other sustainable companies located. And for this, it comes down to good planning by the local government. So this is where I think urban development will go in Poland in the near future.” Photography: Ruden Riemens “Quality and selfregulation of the market are the key elements in which I truly believe.” Are the Poles open for your advice. After all, you are a foreigner and your ideas must sound quite revolutionary to them? “I feel that the Poles are very concerned about the topics that we bring up. When I had a conference with several mayors from cities in the area of Poznan, within ten minutes, I had a click with the audience and I understood that they had the same concerns as I do. I think that in Poland there is a demand to guide social development. I am absolutely not presenting myself here as someone who knows all about Poland, but what I see is that the Poles want to get the grip back on topics like identity. What I see is that Poland is becoming capitalistic in a very very rapid way. I also see that the first generation is kind of falling victim to this. The people who are now over 50 years of age have no chance anymore in adjusting to this process. The younger generation is too busy with planning and setting up their lives. Therefore we are now searching for new solutions and creating new concepts of modern family buildings. By initiating projects like this, the government can regain grip on the social and urban developments’ in Poland.” But you are just a small company in Poland. Can you really make a difference in this big process? “Don’t forget it is not us that will do the regulations, but the market itself. You already hear people mentioning the word ‘quality’. When you look around for instance in a city like Piaseczno, people have chosen to live there, because it is cheaper than in Warsaw. You can see that all around you. It is reflected in the urban planning and the architecture. The quality of the houses and apartments is very low and they are built very close to each other. There will come a moment that the I don’t want to call myself a Pole by choice and I still know little about him, but I find it fascinating to find a Dutchman that has done so many things here in Poland.” Van Gameren was using his Dutch identity and this was reflected in his work here in Poland. For instance, he was using the famous Delfts Blauw. Do you like that in his work? “It is currently very popular to implement many elements of foreign cultures in the designs. That is something of the current time. The whole world is connected and architects pick out bits and peaces of other cultures and in this way try to make a unique design. I try to resist against this mode. I find it important to put the unicity of a place in front. Many architects roll out their concept on a location. I see many architects that are working like that, but that is absolutely not what we want to do. I see in the work of Van Gameren that he uses some Dutch elements but he also puts the unicity of the surrounding areas in front and I like that.” When you look at the Polish cultural heritage. There is so much, it is almost impossible to preserve all of it. “What you see is that the Poles are very aware of their heritage and they are very connected with it. But sometimes they themselves even have no idea how much of it is still there. I think that it is very important for the Poles to maintain this. Our bureau is also active in this field. We are trying to find ways to develop monuments for the development of a city. And you can do this in a very modern way. You can for instance add new elements to an old building and by doing that, this building can become the motor of the redevelopment of a part of a city.” “I find it fascinating that a Dutchman has done so many things here in Poland.” When talking about architecture in Poland it is not a big step to a well-known Dutch architecture in Poland, Tilman van Gameren (1632 – 1706). Van Gameren was an architect and an urban planner who went to Poland in the 17th century. He was a student of Jacob van Kampen, the architect of the Palace at de Dam in Amsterdam and Van Gameren designed many palaces, monasteries, and churches regarded as pearls of Polish Baroque architecture. It was only quite recently that Droogh discovered the work of Van Gameren. “I stumbled upon his work when we were preparing a project for the city of Gora Kalwaria. There are rumours that he has drew-up the urban planning for the city. Recently I found an article about him that was titled ‘Pole by choice, Dutchman by birth’. That was when I first started to compare myself with him. I think there are many similarities between us and I feel like I am following in his footsteps. This all sounds very valid and valuable, but under the current difficult times of economical problems, it will be hard to find bystanders for this way of working. “My opinion is that the market always is right. And what you see is that at a certain moment the consumer doesn’t accept it anymore, regarding a lower quality. If you look at the quality of the shopping centres in Poland. We all know the example of Stary Browar in Poznań and I think that the modern demanding customer won’t accept anything with a less quality anymore. A similar process will happen in the housing industry. People already can make choices. The companies that have the power to stay in the market under the current downturn, they have to listen to their customers and focus on quality. They cannot only think about the bricks anymore, they have to think about the people that are living in that too.” issue 27 Bulletin 25 Advertorial LEADERS WHERE ARE YOU? How to advertise this? Redbad Klijnstra and Jacek Wisniewski are the founders of Robinson Consulting. A Warsaw based consultancy group that specialises in tailormade coaching for executives, company owners, and top-level teams. Redbad Klijnstra partner of Robinson Consulting: “During the closing session of a coaching program for directors one of the participants said: ‘I don’t understand. I got something very concrete from you, in fact it changed the way I look at my life, my managers, my company, but I cannot come up with an idea on how to advertise this.’” We don’t offer comfort “In the field of business training, there is a lot of competition. Personal development coaching is often seen as another training of skills. While looking for something more sophisticated you may enter the world of vague or therapeutically concepts.” “So, we don’t offer the usual general or esoteric concepts of personal development. And we don’t offer a ‘how to do’ toolbox.” Leaders where are you!! Working with executives and owners of companies we see three topics repeatedly on the agenda: How to keep the big picture of a project or organization in time and space How to see the stream of complex ‘soft’ processes How to develop a pro-active mindset and competence We make visible how your organisation or project is the long shadow of your leadership Redbad: “We coach people on an individual basis as well in executive leadership programs like the Nyenrode Entrepreneurial Leadership Program for Poland.” Why is it so difficult to explain our approach? “Because it is not about management but about leadership. It is about your competence in creating a vision, to have the courage to break with comfortable paradigms when necessary. In addition, it’s to claim responsibility for your decisions whenever they are good or wrong. It is the art of leading people instead of following standard procedures.” Never a dull moment Instead we take you out of the comfort zone Jacek Wisniewski partner of Robinson Consulting: “We are known for the results that our clients achieve. These may not always be the results you would like; but it is always ‘hard evidence’ of whom you are as a leader and how you influence people. If you can’t lead yourself, how could you lead others? During our tailor made exercises, you will dig into your real areas of concern in work & life. And that is only the beginning.” 26 Jacek: “We work with the issues that come up at the moment. Our exercises are tailor-made. Our approach is rooted in modern social science following the logic that both organisations and human beings are living systems. They are complex, unique, unpredictable, and subject to specific life cycles. We understand that logic and the necessity for a crisis as a condition for renewal as well in your life and your organisation are all important factors to consider in the future development of your company.”’ www.robinsonconsulting.pl [email protected] issue 27 Bulletin Advertorial Why work with Creative Solving Group ? 1. We know how to deal with creativity and targeted innovation It is a simple reality that no single method, however powerful, can function effectively the same way for all situations or organisations. Too narrow a focus or being unclear about the desired outcomes of creative techniques will also endanger success. Based on our experience with over 1800 organisations we believe in successful change initiatives by taking an integrated approach. 2. Our interventions are tailor-made The approach we use for managing change and innovation is all-inclusive. We start with measuring the actual situation (how ready is the organisation regarding innovation and change?). Based on the situation we develop a specific plan for intervening. This means that the intervention used is depending on the actual situation and also takes into account the people (different styles) and the desired outcome of the change and innovation initiative. 3. The assessments and tools are based of scientific research We are using several assessments like View and SOQ. View measures problem-solving styles and is based on 15 years of research. The Situational Outlook Questionnaire is a measure of organisational climate and measures the 9 factors that are important for an organisation in order to facilitate change and innovation. SOQ is based on 50 years of research. Both View and SOQ are available in English, Dutch and Polish. 4. We have experience working with Polish managers and work with Polish staff We have been in close and intensive contact with Polish managers within the context of the Nyenrode Entrepreneurial Leadership Program we are running in Poland. They all have experience with View and SOQ and applied these methods in their own companies. We also work with a Polish staff which enables us to facilitate change processes in a more natural way. Column CRISIS? Don’t forget your customer! “CRISIS? WHAT CRISIS?” is the title of one of the greatest albums made ever… by Supertramp. This phrase says it all. On one hand, you cannot deny the worldwide crisis; on the other hand, it gives us opportunities…. Which? Many companies take the opportunity to clean out “old skeletons in the closet”, get rid of old problems, history, non-functioning people, cutting down costs, reorganising, refreshing the structures and processes, making it cleaner, smoother, more efficient, even when a company is not really facing problems yet, even then you see this cleaning up behaviour. Logical? Yes, off course, this is the right moment! But, it has danger too, without realising we shift our focus internally and forget our customers and prospects. If you are a manager with guts, if you dare to swim against the flow of the standard- mass-manager then you should act and invest anti-cyclic! Now is the time, all your competitors are in fear of the crisis, they shifted their focus to internal challenges like cleaning out old skeletons, cutting down costs, etc.! So, now you step in! Shift your focus external! Get new customers, let your sales people visit more prospects, let them do telephone acquisition like in the old days when you were still sales! Invest in sales and marketing, extend market share, find new customers, brainstorm to create new markets, visit your competitors clients. I am sure your competitors forget to visit their clients! Crisis? What crisis? Finally! It is the right time to expand your business! Remy Vermunt Remy Vermunt is a commercial Trainer in the Netherlands, expanding into Poland, he is specialised in improving sales teams and sales results. CFO skills are key, in navigating the downturn In an economy under restraint like the current one, CFO’s are walking a tight rope. They are forced to balance immediate concerns of cash flow management along with accurate forecasting and planning. But some find in the downturn new opportunities. Shock waves of the global downturn have been felt by companies through Poland. Many companies have adapted a crisis-planning mode and chief financial officers are playing an important role in navigating the current downdraft. But they shouldn’t let their heads hang low. Raimondo Eggink is an independent consultant for financial market players and a supervisory board member of Netia. Eggink’s first comment on the crisis is that Poland really isn’t doing that bad at all. “According to the official statistics, Poland isn’t yet in a recession. There is still an economical growth and that is not bad.” According to Eggink, in Poland there is a strong risk that by talking about a crisis this prophecy will fulfil itself. “The level of public debate in Poland is quite low, so the risk that people are parroting each other about a recession that does not exist, is high and we should be careful for that.” Receivables As cash flow management is seen as one of the most important elements to focus on in this period, for Marc Goudemont finance director central Europe area at Moët Hennessy in Warsaw, managing the receivables is an important part of his strategy. Goudemont controls the receivables by obtaining as much information about his clients as possible. “The difference with a normal economy is that now we want to know on a management level about the position and the status of a client. This means that I have a much closer contact to the commercial staff than under a normal situation.” Since many companies extend their timeframes for payments, closely managing receivables and putting clear boundaries for debts will reduce the risk of payment defaults and delays. One of the things Goudemont has introduced in order to get a better understanding of the clients’ position is to make regular trade visits to his customers. Most clients are open and willing to share information about their financial position. “My understanding and experience is that if you reveal some information about your own financial position and about your own company and are willing to make a discussion, then also the counterparty is willing to share information from his part.” As markets for commercial paper and auction rate securities dwindle, banks become a critical source of credit. CFO’s now need to expand their relationships with banks to secure their lines of credit as access to new bank loans diminishes and more restrictive covenants become the norm. Eggink: “We used to have a situation where banks were lined for their clients. This was a ridicule situation. I think that it is totally normal when a company has to make some efforts to invest in the relationship with its bank.” In Poland, relatively large amount of companies have financed their business activities with short-term credits. Eggink suggests that companies should examine the conditions for these short-term credits and try to convert them into credits with a longer running time. “Even under current circumstances, there are some possibilities for that and I think it is worthwhile to make this step, even if this costs you some extra money.” Chances Companies with the largest cash reserves and the lowest cost of capital will have the flexibility to outstand their competitors. As we entered the downturn, many “For companies with strong balance sheets this is an ideal time for strategic acquisitions” Marc Goudemont Financial director Moët Hennessy. of the non –financial companies were in a good position. This represents unique opportunities for well-positioned companies to consolidate. One example is the takeover last year of Tele2 by Netia, Poland’s largest alternative provider of fixed line telecom services. Eggink: “Due to the sale of its stake in mobile carrier p4, Netia had money in the bank. The company has solid credit lines with Rabobank and BGŻ, which made it possible for the company to buy Tele2.” This acquisition has allowed revising its strategy, and therefore the company promised the first profits during 2010 instead of 2011. Eggink: It is a good example of a bad market situation that created possibilities for a solid company like Netia to acquire a company with a weaker position on the market.” Although it is a good time for strategic acquisitions, relatively low amounts of companies have made any strategic moves so far. Goudemont: “I think that many companies are hesitating to make these steps because they first want to get their own financials in order and want to build up some trust in the forecasts for the near future. In previous downturns, high performers took the CFO Top internal concerns countercyclical approach to capital expenditures or research and development 1. Cost and availability and advertising. Goudemont of nonfinance labour thinks of this as a good basic principle. “In my 2. Ability to forecast results opinion still stand is decline, 3. cost of healthcare and I think it is important to continue to make those 4. supply chain risk investments. But under the 5. data security current circumstances I am more critical about the 6. cost and availability of labour quality and output of those in accounting/finance investments.” While some companies 7. Auditing clearly don’t see a choice Source: Duke University to cut their capital budgets, doing so can risk a decline in issue 27 Bulletin 29 current market share and the loss of future growth projects. Just when for instance marketing costs where least expensive, companies that had enough money outspent the competition, building strong positions for the day when the economy recovered. The current downturn also provides a unique possibility to acquire qualified talent at lower prices due to other companies that are forced to downsize. Marc Goudemont thinks that this kind of investing under current times is all about finding a healthy modus. “I think it is important to focus on quality. This always ensures a healthy growth. You need strong and reliable partners for that who are not easy to find. This is an important reason to continue with those investments under the current times.” CFO top external concerns 1.Consumer demand 2.Credit markets/interest rates 3.Housing market fall out 4.cost of fuel 5.cost of nonfuel commodities 6.financial regulation 7.currency devaluation 8.environmental regulation 9.international political stability Source: Duke University DHV POLSKA “The risk that people in Poland are parroting each other about a recession that does not exist is quite high.” Raimondo Eggink, independent consultant at several Polish companies. Consultancy and Engineering An independent consultancy and engineering design company in Poland (a member of FIDIC) Being part of the DHV Group Has been providing services for public and private clients in the following elds: - transport and infrastructure; - water and environmental protection; - building and industry. 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