Poland - Factors to Watch Nov 13

Powszechna Kasa Oszczednosci Bank Polski SA

13/11/2024 07:34

WARSAW, Nov 13 - The following are significant news
stories, press reports and events on Wednesday. ALL TIMES GMT
(Poland: GMT + 1 hour): 
    
    MISSILE BASE
    The United States will officially open a new air defence
base in northern Poland on Wednesday, as Warsaw seeks to
reassure citizens that NATO guarantees their security amid
jitters after Donald Trump's presidential election victory.
    
    PKO
    PKO BP CEO Szymon Midera told Dziennik Gazeta Prawna daily
that the bank's new strategy assumes increasing the number of
customers by three million in three years. It is primarily
focused on organic growth, but is also analysing the
possibilities for acquisitions, he said.
    
    AUTOMOTIVE INDUSTRY
    The collapse in the European automotive industry has reached
Poland and almost every third company is already planning
layoffs, Rzeczpospolita daily reported.
    
    ENERGY
    In the early 2030s, Poland may lack almost 9.5 GW of power,
Rzeczpospolita reported citing documents it obtained from grid
operator PSE. The problems will start earlier - in 2026, the
shortage of power for electricity production may reach 4.2 GW,
the newspaper reported.
    
    GOVERNMENT
    The new government representative for strategic energy
infrastructure will be Wojciech Wrochna, a lawyer and expert in
energy issues, who previously worked as an advisor to companies
such as PGE EJ1 and PSE, Puls Biznesu daily reported.
    
    PRESIDENTIAL ELECTION
    A survey by IBRiS for Rzeczpospolita shows that nearly half
of respondents are convinced that the outcome of the U.S.
elections will influence the decisions of Polish parties
regarding presidential candidates.
    
    ****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 

 (Reporting by Warsaw Bureau)
 ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))