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KRS data analyses, industry rankings and guides on companies, share capital and financial statements - backed by real examples.
News
KGHM returns to dividends: management recommends PLN 7–10 per share - around PLN 1.7 bn total after a one-year pause
KGHM Polska Miedź's management board recommends a dividend in the PLN 7–10 per share range from 2025 profits - an estimated PLN 1.7 bn in total. It marks a return after a one-year pause (no dividend in 2025) and is simultaneously a 3–5× larger payout than the 2018–2024 historical average (PLN 1.5–3). The driver is record copper and silver prices in 2025 - KGHM is the world's largest silver producer.
May 1, 2026
Benchmark
Women on WIG140 boards at year-end 2025: 19.9% share, 8 CEOs, 13 points short of the EU's 33% target
The share of women on the management and supervisory boards of Poland's 140 largest listed companies rose to 19.9% at the end of 2025 - up 1.5 percentage points year-on-year. It's the first 30% Club Poland intermediate target met essentially on time. But still: only 8 WIG140 companies have a female CEO, and 25 firms have no women in either body. The EU's Women on Boards Directive requires 33% by 30 June 2026 - the gap is real.
May 1, 2026
News
Kruk SA recommends PLN 18 dividend per share - around PLN 340 m in total, Poland's leader in NPL debt collection with operations in 5 EU countries
The Kruk SA management board recommends PLN 18 per share from 2025 profits - around PLN 340 m in total. It continues a policy distributing roughly 50% of net profit, supported by expansion in Italy, Romania, Spain, and Germany. At the current price of about PLN 520 the dividend yield reaches approximately 3.5%. Ownership is dispersed - mainly OFE pension funds, investment funds, and free float, with no State Treasury stake and no dominant strategic investor.
May 1, 2026
Explainer
Mandatory KSeF: 1.1 million taxpayers after 90 days, a two-stage rollout, the end of the paper invoice in Poland
Poland's National e-Invoice System (KSeF) became mandatory in two stages: from 1 February 2026 for taxpayers with 2024 sales above PLN 200 million, and from 1 April 2026 for everyone else. The Ministry of Finance reports 1.1 million active users in the first quarter of 2026. A third stage (1 January 2027) will cover the smallest entities with monthly turnover up to PLN 10,000.
May 1, 2026
Benchmark
Who owns Polish companies - where does the capital come from
A full map of capital origin across Polish companies: which countries have the most firms in Poland, the value of Dutch, German, and French capital, and how the split has shifted in recent years. With real KRS examples and GUS data.
May 1, 2026
Benchmark
Bankruptcies and restructurings 2024: 436 declared bankruptcies and 4,457 restructurings - signals after two years of inflation
In 2024 Polish courts declared 436 corporate bankruptcies - 10% more than in 2023 and almost 30% more than in 2022. Restructuring proceedings in the KRZ register jumped to 4,457 (+103% versus 2022). The most exposed sectors: construction, wholesale trade, transport, and hospitality. The full map, five-year trend, and sector breakdown.
May 1, 2026
News
LPP recommends PLN 210 dividend per share - around PLN 388 m in total, the growth-first profile of the Gdańsk apparel giant
The LPP SA management board recommended a dividend of PLN 210 per share from 2025/26 fiscal-year profits - around PLN 388 m in total. At the current share price of PLN 21,880 the yield is just 1%, reflecting the growth-first strategy of a company controlled by the family of Marek Piechocki. Final dates will be set by the AGM in June 2026.
May 1, 2026
News
Łukasiewicz at EKG 2026: science must reach Polish industry faster
Dr Hubert Cichocki, head of the Łukasiewicz Centre, at the 2026 European Economic Congress in Katowice: without simultaneously managing research and business risk, and without bringing market partners in earlier, Polish R&D spending will not translate into real market value. The Łukasiewicz Research Network spans 22 institutes and nearly 7,000 researchers.
May 1, 2026
News
mBank skips the 2025 dividend - last CHF reserves and a return to payouts only in 2027
mBank is the only large WIG20 bank that will not pay a dividend in 2026. The reasons are the final write-downs on the Swiss-franc (CHF) loan portfolio and the capital strengthening following the 2025 acquisition of Commerzbank's stake. The management board plans a return to payouts only in 2027 - once both processes have been closed. 2024 net profit reached around PLN 2.2 bn; the 2025 outlook is good but still weighed down by CHF reserves.
May 1, 2026
News
mBank at EKG 2026: AI is not for rewriting old models - Gerlach outlines a new product strategy
At the 2026 European Economic Congress in Katowice, Krzysztof Gerlach, mBank's managing director for corporate clients and financial markets, made the point: AI must be designed into new products and services from the ground up - not used to translate traditional economic models into algorithm language. The strategy already shows in MBK's share price (PLN 1,141.50) and its WIG20 standing.
May 1, 2026
Explainer
Minimum wage 2026: PLN 4,806 gross, PLN 31.40 per hour, total employer cost PLN 5,790 - the first single-step increase in years
From 1 January 2026 the minimum monthly wage in Poland stands at PLN 4,806 gross (PLN 3,605.85 net) and PLN 31.40 gross per hour. The year-on-year increase is only PLN 140 - the smallest in years. For the first time since 2023, the act foresees no July adjustment, so the rate holds for the full year. The total employer cost of a minimum-wage worker is around PLN 5,790.28.
May 1, 2026
News
Modivo skips the 2026 dividend - capital still funds the CCC group restructuring and the eobuwie.pl rollout across CEE
Modivo SA, the e-commerce arm of the CCC group running the Modivo.pl and eobuwie.pl platforms, will not pay a dividend from 2025 profits. The reason is not a classic growth-first policy but the deep restructuring of the CCC group ongoing since 2023 - all free capital is currently servicing debt restructuring and financing further online-store expansion across Central and Eastern Europe. Modivo has been a WIG20 component since the 2024–2025 season, and is controlled by separately listed CCC SA, part of the Dariusz Milek group.
May 1, 2026
