The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):

    BANK MILLENNIUM

    Bank Millennium MIL on Friday reported an 82% year-on-year rise in third-quarter net profit to 345 million zlotys ($86.8 million), as the lender booked lower, though still substantial, costs for its Swiss franc mortgage portfolio.

    STATE BUDGET

    Presidential advisor and former Deputy Finance Minister Leszek Skiba said that potential presidential vetoes of tax-increasing bills would not be decisive for the public finance deficit. In his opinion, the government could reduce it by increasing budget revenues in other ways, Puls Biznesu daily reported.

    DEFENCE SECTOR

    More and more companies listed on the Warsaw Stock Exchange are considering investing in the defence sector. Both combat drones and counter-drone systems are in the spotlight, Parkiet daily reported.

    DEBT

    On Friday at 1000, the state-owned Bank Gospodarstwa Krajowego (BGK) will hold a bond tender.

    ****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****

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