Poland - Factors to Watch July 31
Poland - Factors to Watch July 31 WARSAW, July 31 - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):
RUSSIAN MISSILE
An object that came down in eastern Poland overnight appears to be a Russian missile, Polish Prime Minister Donald Tusk said on Thursday, after authorities found a crater and scattered debris in a field following reports of an explosion.
INFLATION
On Friday, the statistics office released preliminary data on inflation in Poland for July. Analysts surveyed by Reuters estimate that it accelerated to 3.0% year-on-year, up from 2.5% in June.
INTEREST RATES
According to 56% of economists surveyed by Rzeczpospolita daily, Poland’s Monetary Policy Council (RPP) should keep interest rates at their current level until the end of the year.
ZABKA ZAB.WA
Polish convenience store operator Zabka Group ZAB.WA posted a second-quarter adjusted core profit that beat analyst expectations on Thursday, as store network expansion, cost efficiencies and like-for-like sales growth drove earnings.
Canadian retailer Alimentation Couche-Tard ATD.TO said on Friday it plans to buy Poland's Zabka for about $8.7 billion, marking its largest acquisition and expanding its presence in Central and Eastern Europe after abandoning a $46 billion bid for Japan's Seven & I last year.
BUDIMEX BDXP.WA
Poland's largest construction company Budimex BDXP.WA said on Thursday that its 2026 revenue target of 10 billion zlotys ($2.67 billion) is within reach, but will depend on weather conditions.
DEBT
On Friday, the Polish Ministry of Finance will publish the value of the bonds to be offered in August.
****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))
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