Pole position for growth

Leasing activity in Poland has boomed since the end of 2014 on the back of rapid economic expansion and looks set for further growth in 2016.

As the UK debated the value of EU membership, on the other side of continent Poland was reaping the benefits of convergence with the economic-political union.

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However, Bartłomiej Bronisz, advocate at FKA Furtek Komosa Aleksandrowicz and the Polish Leasing Association expert observes that since the details are not yet known and the appropriate bills have not yet been published, it's unclear what impact such a shift in the government's economic policy may have on the business environment in Poland. "It's also not known when the expected legislation will come into force" he adds. "Therefore the biggest challenge in the coming months and probably years in the leasing sector in Poland is to prepare itself for incoming changes and assess the potential influence on the financial standing of its clients. However, it's expected that the government will loosen administrative restrictions in conducting business, especially in SMEs".

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Edited by: Paul Golden (LeasingLife).

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