The main purpose of this article is to characterize specifics form of Bank Gospodarstwa Krajowego (BGK) functioning as a bond issuer. Moreover, the specific purpose is to determine whether Bank Gospodarstwa Krajowego is financed by bonds in greater extent than the commercial banks. To achieve the above purposes, the author used the literature review and legal acts review supplemented by analyses of the BGK and commercial banks information documents, as well as desk research including the analysis of data from the financial statements of the BGK and aggregated data of the commercial banks sector in Poland.

The aim of the work is to identify the main problems appearing on the public procurement market from the perspective of procuring entities. In the survey conducted in the second half of 2017, 31 entities awarding public contracts from the Opolskie Voivodeship were included. The following problems were identified: excessive bureaucratic procedures, unstable legal system, too few employees, insufficient training and a high degree of complexity in the procurement process itself. As a consequence, the following activities were recommended: reducing administrative burdens and complicating procedures, normalizing the status of contracts completely excluded from the statutory regime, increasing the number and frequency of training, popularizing the use of experts and appraisers, and improving communication channels between procurers and state administration authorities.

* Artykuł powstał w ramach projektu badawczego SONATA BIS finansowanego ze środków Narodowego Centrum Nauki, na podstawie decyzji nr DEC-2014/14/E/HS5/00845, umowa nr UMO-2014/14/E/HS5/00845.

This paper presents the findings of a research study targeted at verification whether the disbursement of funds at the disposal of the State Forests National Forest Holding (hereinafter: the State Forests) corresponded to the tasks in the field of forest management imposed on the institution in question under the provisions of applicable law and whether it was justifiable in the context of the principle of rational management of public funds. The research was based on the analysis of the secondary data collected by the Directorate General of the State Forests, official statistical data, post-audit information of the Supreme Audit Office and literature covering the research area. The results of research carried out on the basis of data from 2011–2016 showed that the general property and financial situation of the State Forests in the analysed period was favourable due to the fact that each year the aforementioned institution recorded a significant net profit. The activities implemented by the State Forests were in principle compatible with a model of sustainable forest management specified in the Forest Act, however in case of incurring investment outlays of fixed assets not directly related to forest management, the principle of rational management of public funds was not always fully applied. Therefore, the conscious economic calculation should constitute the basis for conducting investment activities by the State Forests.