Poland - Factors to Watch February 19

Bank Polska Kasa Opieki SA

19/02/2026 06:56

WARSAW, Feb 19 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):

DRONES

On Thursday, Polish Prime Minister Donald Tusk and Minister of National Defense Wladyslaw Kosiniak-Kamysz will participate in tests of drones and counter-drone systems, including the SAN counter-drone system, 90% of which is to be financed from European funds under the SAFE program.

DATA

On Thursday, the Statistical Office (GUS) will release data on industrial production in Poland for January. Analysts polled by Reuters estimate that it increased by 2.4% year-on-year, compared to a 7.3% increase in December 2025.

GUS will also release information on wage growth in January, which, according to analysts, reached 7.2% year-on-year, compared to 8.6% the previous month.

ORLEN

Polish energy group Orlen reported a lower-than-expected fourth-quarter net profit on Thursday, as a surge in refining margins failed to fully counter lower gas and oil prices and asset impairments.

BANK PEKAO SA

Bank Pekao PEO.WA, Poland's second-biggest lender by assets, reported a more than 13% rise in its fourth-quarter profit on Thursday, driven by lower credit loss allowances and Swiss franc legal provisions, and higher fee and commission income.

POLISH ECONOMY

Poland's economy could grow by nearly 4% in 2026, with accelerating investment poised to become a key driver, government officials said on Wednesday.

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

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 (Reporting by Warsaw Bureau)

 ((warsaw.newsroom@reuters.com;))