Poland - Factors to Watch August 6

Alior Bank SA

06/08/2025 07:03

WARSAW, Aug 6 (Reuters) - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):

SWEARNING-IN OF THE NEW PRESIDENT

Karol Nawrocki, a conservative historian and supporter of Donald Trump's MAGA movement, will be sworn in as Poland's president on Wednesday, setting the stage for conflict with the centrist government and potentially cooler relations with Ukraine.

KEXIM BANK

South Korea's KEXIM Bank [RIC:RIC:KEXIM.UL], which has launched operations in Poland, plans to support military contracts for Korean companies operating in Poland and, in the future, aims to participate in the reconstruction of Ukraine in cooperation with Polish companies, Puls Biznesu daily reported.

COST OF HEATING SUBSIDIES

Energy Minister Milosz Motyka said the cost of heating subsidies for the poorest citizens could reach 300-500 million zlotys this year and around 1 billion zlotys next year, Rzeczpospolita daily reported.

DEBT

On Wednesday at 0930, the Polish Ministry of Finance will hold a bond auction worth 8.00-12.00 billion zlotys ($2.16 billion-$3.25 billion).

NEW TAX-FREE SCHEME

Poland plans a new tax-exempt scheme aimed at boosting household investment which may attract around 100 billion zlotys ($27 billion) or 2.5% of GDP in the first three years, to support growth amid low investment in the economy, a minister said on Tuesday.

ZABKA

Polish convenience store chain Zabka ZAB.WA reported 18% growth in its second-quarter consolidated and adjusted core earnings (EBITDA) to 1.06 billion zlotys ($286.84 million), surpassing a Reuters poll estimate of 1.02 billion, driven by its expanding store network.

ALIOR BANK

Poland's Alior Bank ALRR.WA posted a 9.3% rise in its second-quarter net profit on Wednesday, as a lower cost of risk, positive trading result and a solid core income offset a surge in legal provisions related to foreign currency loans.

****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****

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($1 = 3.6956 zlotys)

 (Reporting by Warsaw Bureau)

 ((warsaw.newsroom@reuters.com))