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.
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.