Common use of NIP Clause in Contracts

NIP. weak initiative for starting economic activities, shortage of fundamental skills for starting business and low rate of business survival in the first years of operation. In 2011, 13.55 new enterprises were registered per 1000 residents of working age (data of CSB and Lursoft), while the number of rapidly developing companies („gazelles”) (in terms of increase of sales) is low – 921 such enterprises in 2007, 258 in 2008 and 98 in 2009 (latest CSB data available);