Poland - Factors to Watch Jul 28
Following are news stories, press reports and events to watch that may affect Poland's financial markets on Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):
PGE
Poland's top utility PGE said in a statement after market close on Wednesday that it sees its consolidated net profit in the first half of 2016 at about 0.5 billion zlotys ($125.63 million).
PEKAO
Polish insurer PZU may seek help from Polish Development Fund if it buys Poland's No.2 lender Pekao SA, Puls Biznesu daily said without naming its source.
MBANK
Poland's fourth-largest lender by assets, mBank, reported on Thursday an almost 76-percent year-on-year rise in its second-quarter net profit to 388.5 million zlotys ($98.34 million) in the period.
BOND AUCTION
Polish finance ministry will hold a tender at which it will offer bonds worth 5.0-8.0 billion zlotys maturing in 2021, 2022, and 2026. Results of the tender are expected at 0930 GMT.
BREXIT
Poland's Deputy Foreign Affairs Minister Konrad Szymanski told Dziennik Gazeta Prawna daily that Poland will insist on Britain to allow Poles living there to maintain rights they already received.
BRITISH PM VISIT
Britain's Prime Minister Theresa May will visit Poland on Thursday.
CONSTRUCTION SECTOR
Polish state orders for construction works fell by one third this year and private firms' demand has also fallen, which threatens construction companies future and may be a prelude to a price war, Gazeta Wyborcza daily said.
****Reuters has not verified these stories and does not vouch for their accuracy.****
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