Knowledge base
Articles and guides
KRS data analyses, industry rankings and guides on companies, share capital and financial statements - backed by real examples.
News
PZU: forecast dividend of PLN 4.61 per share - PLN 3.98 bn in total, 7.4% yield in 2026
BM mBank's base-scenario forecast points to a PZU dividend of PLN 4.61 per share from 2025 profits - approximately PLN 3.98 bn in total across 863 million shares. At the current price of PLN 63.60 the yield reaches 7.4%, and around PLN 1.35 bn flows to the State Treasury (34% stake). The payout follows the 2025–2027 dividend policy distributing at least 50% of annual net profit.
April 30, 2026
News
2025 Local Government Financial Ranking: Royal Castle to crown winners in five categories on 12 May
The Institute for Market Economics will announce on 12 May 2026 the winners of the 2025 Local Government Financial Ranking - in five categories covering all 2,477 local-government units in Poland. It is the only ranking that tracks the pace of change in municipal finances.
April 30, 2026
Benchmark
Profitability of the Polish transport industry - 2024 analysis
What does profitability look like in PKD section H (transport and storage) in 2024? Industry median, percentiles, regional standouts, and a list of the largest operators benchmarked against the market median.
April 30, 2026
News
Santander Bank Polska pays PLN 49.98 dividend per share - PLN 5.1 bn during the rebrand to Erste
Santander Bank Polska is paying shareholders PLN 49.98 per share - PLN 5,107.4 million in total - from 2025 profits and a portion of retained earnings. It is the third largest dividend in the 2026 Polish banking sector, after PKO BP and Pekao. The payout occurs during the rebrand to Erste Bank Polska following the 2025 acquisition by Austria's Erste Group from Spain's Santander.
April 30, 2026
Explainer
Sp. z o.o. or S.A. - what to choose and what others choose
A practical side-by-side of the two main Polish capital-company forms: capital requirements, registration costs, governing bodies, taxation. Plus a real-world view of how legal forms split among newly registered companies.
April 30, 2026
News
Tauron recommends PLN 0.20 dividend per share - first payout since 2015, around PLN 351 m in total
On 30 March 2026 the Tauron Polska Energia management board recommended a dividend of PLN 0.20 per share from 2025 profits - around PLN 351 m in total. It is the company's first dividend since 2015, after an 11-year break. The modest yield (~2.1%) is mostly symbolic: it signals the Katowice-based utility's return to profit distribution after years of channelling earnings into the renewables transition.
April 30, 2026
News
Legal e-cigarette sales fell 99% in December 2025 - grey market now controls 58% of Poland's vaping sector
After the introduction of a PLN 40-per-unit excise duty, legal sales of single-use e-cigarettes in Polish retail collapsed from 4.46 million units (December 2024) to 0.06 million units (December 2025) - minus 99%. According to a Fraunhofer report, 58% of the market has moved into the grey zone. The Vaping Industry Employers' Association warns that 1,000 companies and 12,000 SME jobs are at risk.
April 30, 2026
Benchmark
Warsaw vs Kraków - where to do business in Poland
A duel between Poland's two largest cities across five business dimensions: labour market, business friendliness, company scale, share capital, and innovation. With live rankings and top companies from both metropolises.
April 30, 2026
Ranking
Warsaw vs Kraków - head-to-head across 24 city rankings
11 to 13 - Warsaw wins the business war, Kraków wins the lifestyle war. The full analysis across 24 rankings with links to each, plus the top companies in both cities with KRS profile links.
April 30, 2026
Benchmark
Warsaw vs Kraków - where life is better in 2026
Culture, education, housing, transport, after-work life - a full quality-of-life comparison of Poland's two largest cities across seven dimensions. Kraków wins most categories, but there are areas where Warsaw still has the edge.
April 30, 2026
News
Żabka skips the dividend in its first full year after IPO - capital funds a network of more than 11,000 stores and expansion into the Czech Republic and Romania
Żabka Group will not pay a dividend for the 2025 financial year - the first full year after its October 2024 IPO. The company, controlled by CVC Capital Partners (~50%), directs all profits toward funding the expansion of its convenience network: more than 11,000 Żabka and Żabka Cafe stores in Poland and the development of Żabka Czech and Żabka Romania. This is a typical post-IPO growth-phase model - a return to dividends is expected only in 2027–2028.
April 30, 2026
Explainer
Ownership changes in Polish companies - what KRS reveals
How to spot a company sale, merger, or investor exit in National Court Register data. Which signals to look for, how to read the capital + shareholder timeline, and which industries change hands most often.
April 30, 2026
