Poland - Factors to Watch August 21

PZU SA

21/08/2026 07:31

WARSAW, Aug 21 - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):

RATING
Fitch is scheduled to review Poland's rating on Friday. Experts expect it to remain at its current level of "A minus" with a negative outlook.

BUDGET
The Polish government will hold an informal meeting on Friday to discuss the draft budget for 2027. The draft budget is scheduled to be adopted at a meeting of the Council of Ministers next week.

TAXES
Poland's government plans to temporarily raise corporate income tax for large utilities and fuel companies to 30% in 2027 from 19% currently, according to assumptions for a draft bill published on Thursday.

DATA
Poland's industrial output exceeded expectations in July and wages rose faster than forecast, data showed on Thursday, suggesting the economy maintained solid momentum in the third quarter.

ORLEN
Norway's Equinor EQNR.OL has signed a three-year contract to supply Polish refiner Orlen PKN.WA with oil from Johan Sverdrup, western Europe's largest producing field, the company said on Thursday.

PZU-PEKAO
Poland's top insurer PZU PZU.WA plans to meet with Bank Pekao PEO.WA, likely in September, to assess whether the conditions for their planned merger and group reorganisation can be met, as the country's current laws prevent it from proceeding, insurer's CEO Bogdan Benczak said.
                    
****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; tel. +48 22 6539700))