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Explainer
Develia in 2026: the former LC Corp after the 2019 rebrand, a Wrocław-based residential developer in the mWIG40, a four-member management board on ul. Traugutta 45
Develia S.A. (KRS 0000253077), headquartered at ul. Gen. Romualda Traugutta 45 in Wrocław, is one of Poland's largest residential developers listed on the WSE. The company has operated under the "Develia" brand since 2019 (previously as LC Corp, part of Leszek Czarnecki's group). Listed on the WSE since 2007, it is an mWIG40 constituent with a four-member management board and a seven-member supervisory board. Per the 2025 financial statements: PLN 2.08bn revenue (+16% YoY) and PLN 443.5m net profit.
Explainer
Dom Development in 2026: Poland's leading residential developer, an mWIG40 issuer at prestigious Plac Piłsudskiego, a five-member management board
Dom Development S.A. (KRS 0000031483), headquartered at Plac Piłsudskiego 3 in the heart of Warsaw, is the leader of Poland's residential development market. Founded in 1996 by Jerzy Ślusarski and listed on the WSE since 2006, the company is an mWIG40 constituent. Its 2025 financial statements show revenue of PLN 3.26bn and net profit of PLN 654m (up 15% year on year). Active in four main markets: Warsaw (its core), Tricity, Wrocław and Kraków. A five-member management board and an eight-member supervisory board.
Explainer
Echo Investment in 2026: the only mWIG40 mixed-use developer, headquartered in Kielce, controlled by Pimco and Oaktree after the Sołowow buyout
Echo Investment S.A. (KRS 0000007025), headquartered at Al. Solidarności 36 in Kielce, is the only mWIG40 Polish developer combining three segments: residential, office and retail. Founded in the 1990s by Michał Sołowow, the company has been listed on the WSE since 1996 (one of the longest-listed Polish developers). Since 2016 control has been held by US funds Pimco and Oaktree. Its 2025 financial statements show revenue of PLN 2.01bn and a net loss of PLN 33.5m. A five-member management board and an eight-member supervisory board.
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 is the first 30% Club Poland intermediate target met essentially on time. Still, only 8 WIG140 companies have a female CEO, and 25 firms have no women on either board. The EU's Women on Boards Directive requires 33% by 30 June 2026 – the gap is real.