wnp.pl: A New Era on the Stock Exchanges. Will Poland Dare to Unlock Its Defense Giant?

An article has been published on wnp.pl dedicated to the new architecture of the capital market and the growing role of the defense sector in strengthening national economies. The piece includes commentary from our expert, Tomasz Janas, Advisory Managing Director at PKF Polska.

Europe and the United States Accelerate

The debut of the Czech defense holding Czechoslovak Group (CSG) on Euronext Amsterdam ended in spectacular success – the company’s valuation exceeded EUR 33 billion, making it the most valuable company in Central Europe. This marks a symbolic shift in which the defense sector is becoming not only a pillar of security, but also a source of capital and stock market growth.

German and American corporations have also recorded dynamic growth, including:

• Rheinmetall AG
• Lockheed Martin Corporation
• Northrop Grumman Corporation

Rising defense budgets, record order backlogs, and increased profitability demonstrate that capital markets have become one of the main beneficiaries of geopolitical changes.

Poland at a Crossroads

In the context of the Polish market, questions arise about the potential IPO of entities such as Polska Grupa Zbrojeniowa (PGZ) or the development of private technology companies operating in the dual-use sector.

As emphasized by Tomasz Bardziłowski, President of the Warsaw Stock Exchange, companies from the defense and dual-use technology sectors may become a driving force for the entire exchange, increasing its liquidity and regional importance.

Commentary from a PKF Polska Expert

In the article, Tomasz Janas, Advisory Managing Director at PKF Polska, highlights the growing importance of the so-called Strategic Resilience Indicators (WSR):

“Investors are increasingly assessing a company’s ability to operate under crisis conditions, cyberattacks, or supply chain disruptions. They analyze the maturity of risk management processes, the readiness of business continuity plans, and the level of board oversight of cybersecurity. These factors have a real impact on the cost of capital and market valuation,” emphasizes Tomasz Janas.

The new era of capital markets rewards resilience, scale, and the ability to operate in an environment of heightened risk. The question remains open: will Poland decide to leverage the potential of its defense sector as a driver of stock market and economic growth?

We encourage you to read the full article at: www.wnp.pl