Poland - Factors to Watch August 7

Bumech SA

07/08/2025 06:49

WARSAW, Aug 7 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):

NEW PRESIDENT'S PROPOSALS

New Polish President Karol Nawrocki vowed on Wednesday to change the country's constitution to protect its sovereignty in an address to parliament after his inauguration that set the scene for a battle with the government over democratic standards.

BANK PEKAO

Poland's Bank Pekao PEO.WA reported a 12.8% rise in its second-quarter net profit on Thursday, as strong loan growth fuelled a rise in its net interest income that helped it absorb legal provisions for its Swiss franc loan portfolio.

CENTRAL COMMUNICATIONS PORT

Minister of Funds Katarzyna Pelczynska-Nalecz proposed listing the Central Communications Port on the Warsaw Stock Exchange and financing the construction of nuclear power plants by state-owned companies in exchange for cheaper electricity, Parkiet daily reported.

CCC

Polish footwear and fashion retailer CCC CCCP.WA is expected to report a 18% rise in second-quarter core profit, buoyed by robust sales, a Reuters poll showed on Wednesday. Preliminary results will be published on Thursday.

BUMECH

Bumech BMCP.WA, a Polish company specializing in hard coal mining and mining machinery, intends to expand its operations into the defence sector. The company has signed a letter of intent with South African OTT Technologies, a supplier of military armoured vehicles, Puls Biznesu daily reported.

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

For other related news, double click on:

 Polish equities       PL-E     E.Europe equities     .CEE
 Polish money          PL-M     Polish debt           PL-D
 Eastern Europe        EEU      All emerging markets  EMRG
 Hot stocks            HOT      Stock markets         STX
 Market debt news      DBT      Forex news            FRX

 For real-time index quotes, double click on:
 Warsaw WIG20 .WIG20  Budapest BUX .BUX  Prague PX .PX

($1 = 3.6956 zlotys)

 (Reporting by Warsaw Bureau)

 ((warsaw.newsroom@reuters.com))