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Polska Grupa Energetyczna, Poland’s largest power company, generates nearly 40% of all Polish electricity. Through the sale of shares in TFI Energia, our client aims to focus on the core business of the PGE Group, which is the generation, distribution and sale of electricity.
The preliminary agreement between PGE and PZU was signed on 17 March. The transaction is expected to be finalized in mid-2022, upon obtaining clearance from the Polish Financial Supervision Authority and the Competition and Consumer Protection Office.
Our assistance included comprehensive legal advice on the transaction, provided by Piotr Jackowski, Senior Associate from the Capital Markets and Financial Institutions Practice, supported by Katarzyna Biarda, Associate. Work for PGE was supported by Andrzej Foltyn, Head of the Practice.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: firstname.lastname@example.org.
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