Rymarz Zdort Maruta advises Hawe Telekom on restructuring process

We are pleased to announce that we have advised the management of Hawe Telekom, a leading operator providing telecommunications services in Poland, on developing a viable path for the company’s recovery and the completion of its nearly 10-year-long restructuring proceedings.

We provided comprehensive legal advice to the new management board appointed in July 2024, which, together with our firm’s lawyers, initiated and led multilateral negotiations with the restructuring administrator and the company’s largest creditor, Agencja Rozwoju Przemysłu S.A. (“ARP S.A.”). The case involved more than 600 creditors, which significantly complicated the restructuring process. Between August 2024 and January 2025, we played a key role in negotiating and drafting a joint proposal for an agreement between the company, the administrator and IDA S.A. The agreement sets out the restructuring plan and was formally submitted in the pending proceedings, thus creating a clear pathway for the completion of the company’s reorganisation.

On 10 October 2025, the District Court for the Capital City of Warsaw issued a decision approving the arrangement concerning Hawe Telekom, which officially ended the restructuring process of the Polish provider of telecommunications services, and Agencja Rozwoju Przemysłu S.A. became an almost 100% shareholder of Hawe Telekom S.A.

Hawe Telekom S.A. is a Polish telecommunications operator specialising in services for other operators (referred to as a “carrier’s carrier”), offering the sale and lease of fibre-optic infrastructure, data transmission services, collocation and internet access.

“We are pleased to have been able to support our client in completing one of the longest restructuring proceedings in Poland. Restoring the operations of the company, which plays an important role in the telecommunications market and is of great importance to the public interest in Poland, is one of the most important objectives pursued under the approved arrangement, the adoption of which also opens up new prospects for the company,” says Magdalena Pyzik-Waląg, a managing partner and the head of the restructuring and insolvency practice and the M&A transactions team specialising in distressed assets at Rymarz Zdort Maruta.

The transaction team consisted of Magdalena Pyzik-Waląg (partner) and Paulina Cieślak (counsel).