Invest in Kraśnik
FŁT Kraśnik S.A. was established in 1948 and is the largest manufacturer of roller and ball bearings in Poland
Kraśnik has a thriving food processing industry thanks to the availability of local farm products
A great place to live, a great place to invest
Investment Zone Kraśnik
Tax-exempt business operation within Tarnobrzeg Special Economic Zone EURO-PARK WISŁOSAN is subject to obtaining a permit to operate in the zone issued by the zone's management, Agencja Rozwoju Przemysłu (Industrial Development Agency) on behalf of the Ministry of Economy (legal basis – the regulations of the Ministry of Economy and Labor about tenders and assessing business projects to be carried out at TSSE EURO-PARK WISŁOSAN of November 15, 2004 – Dziennik Ustaw [Journal of Laws] No 254, Item 2549 with later amendments).
Joint tenders are initiated based on public invitations. The management publishes the invitation to tender in the press, as well on the Zone's website in Polish and in one of the languages used in international commerce. In the case of a business owner applying for the permit to operate and the right to purchase the property, a joint tender is carried out by the Zone's management.
Detailed TSSE investment procedure – tender
1. The investor showing interest in launching business operations in the Zone must submit a preliminary declaration providing the basic data related to the nature of the business and the land area required. The initial declaration must contain the sector in which the business operates, basic description of goods and services to be manufactured/delivered within the Zone (using PKWiU - Polish Classification of Goods and Services ), projected date of launching business operations, estimate of number of new jobs to be created, estimate of investment expenditure, land area required for operations and estimate for the use of utilities,including water, electricity and refuse disposal.
2. Based on the initial declaration the Zone's management will offer locations within the Zone that best suit the needs of the investor.
3. The next stage is the information exchange between the investor and the Zone's management to specify the required parameters of technical infrastructure and to pass them on to the technical media providers.
4. The business owner submits "The Investor's Letter of Intent" to the Zone's management, which is a formal requirement for participation in the tender process. The Letter of Intent form can be obtained from the Zone's management.
5. The management initiates work required to prepare the property according to the investor's specification. At this stage the division or merging of land plots (if required) is performed. The management also offers support and assistance in the investor's contacts with technical media providers.
6. The next stage is publishing of the invitation to joint tender by the Zone's management (granting permit to operate plus the sale of property). The invitation to tender is published as an announcement in daily press. Each property is considered a separate item in the joint tender procedure. The property may be one or several plots of land.
7. After the invitation to tender has been published the investors showing interest in the participation can purchase from the Zone's management "The Specification of the Tender's Significant Terms and Conditions". The specification is the formal basis for drafting an offer.
8. In order to participate in the tender the investor must submit a written offer in Polish. The offer must contain all documents required by the "Specification of the Tender's Significant Terms and Conditions", including the business plan and the relevant documents from ZUS (Social Security Office) and US (Tax Office).Posting a tender bond is a prerequisite to participation in the tender. The bond is calculated for each property separately and is published in the "Specification of the Tender's Significant Terms and Conditions".
9. The tender is launched when at least one offer has been submitted. The tender is run on behalf of the Zone's management by a Tender Commission consisting of at least four members. The Commission evaluates the submitted offers based on the criteria included in the regulation published by the Ministry of Economy on November 15, 2004 about tenders and assessing business projects to be carried out at TSSE EURO-PARK WISŁOSAN of November 15, 2004 – Dziennik Ustaw [Journal of Laws] No. 254, Item 2549 with later amendments). The tender is considered closed when the final conditions of business operations to be carried out by the investor are settled and after the payment of the property purchase price (or the first installment, if the installment payment plan has been agreed upon).
10. The Zone's management grants the permit to operate in the Zone subject to conditions negotiated during the tender procedure. The permit is valid for a specific period of time, i.e. until December 31, 2026. Foreign investors must obtain the permission to acquire the property from the Ministry of Administration and Internal Affairs to be eligible for the permit to operate in the Zone.
11. The final stage is handing the property over to the investor. This is formally done by drafting and signing of the legal deed at the Notary Public's office.