Is it worth to clean the balance?
For many companies the end of turnover year is a limit of anticipation for settling liabilities by debtors. In this period, it is worth to clean the balance from debts that are hard to recover, for example by selling them to debt collection agency. What exactly “cleaning the balance” stands for and is it profitable […]
Debtor’s excuses – GDPR (Polish: RODO)
This time, I will present a new, secret weapon that debtors use while contacting collector – pleading breaching personal data protection regulations. “Where did you get my phone number? I won’t pay, because you are processing my personal data. I demand an immediate removal of my data from you database.” “How dare you are using […]
Payment morality in translation industry
Oral interpretations and written translations industry generates around 1 billion PLN of turnover in Poland. Around 8000 entities operate in this sector actively. Among all of them, only around 80 conduct economic activity in the form of commercial partnership or company, which means that they are registered in National Court Registry (Krajowy Rejestr Sądowy). Over […]
When creditor is German and debtor is Polish
These days, Poland seems to be a growing market for export and import. According to data gathered in 2017, Germany is the biggest business partner for Poland. Last year they were responsible for 27,5% export and 23,1% of import, which gives an increase of 12,2% in export and 13,1% in import compared to 2016.
Independence Run held in Krakow
On the 11th of November, our EULEO running team took part in the Independence Run held in Krakow. It was one of many events organised nationwide to celebrate the centenary of Polish rebirth. We congratulate the participants on great results and we wish them further sport successes.
Debt collection in Germany – what you should know about it?
Cooperation with foreign counterparties is usually profitable for European entrepreneurs. However, in the situation of clients’ insolvency, the debt recovery might become tough. How one could successfully recover accrued money from the German counterparties? Answers to that question can be found in this article.
Trading cooperation with China – how and where to solve the dispute?
China has been in the center of interest of European entrepreneurs since many years. Chinese market is interesting not only in the matter of export but also when it comes to import. Depending on the company’s needs, there are multiple possibilities to join forces with Asian partner. Whilst trading cooperation with a foreign company, there […]