The company joins publicly listed European defence firms such as BAE Systems and Rheinmetall, reflecting its growing position in the industry. The listing is expected to support further expansion and strengthen transparency standards.
Adam Januszko, Chief Executive Officer of Niewiadów PGM, said: “Listing on the Main Market of the Warsaw Stock Exchange is a milestone in our history.” He added: “We are joining an elite group of the largest defence sector entities listed on European exchanges, such as BAE Systems, Rheinmetall, and Czechoslovak Group.”
He continued: “Being listed alongside these leaders is not only a matter of prestige and confirmation of our competencies but, above all, a commitment to maintaining the highest standards of transparency and further strengthening our capabilities that enhance the security of Poland and its NATO allies, especially as we cooperate with many of them.” The company said it aims to expand cooperation with both domestic and international industrial and research partners.
The group is investing in expanding production capacity to address evolving battlefield requirements. These efforts are intended to strengthen supply continuity and improve responsiveness within the defence sector.
A key project includes the development of a new artillery ammunition facility in Niewiadów, focused on 155 mm rounds. The investment is backed by financing of approximately PLN 250 million, with construction and modernisation work currently underway.
The company expects installation and commissioning of production lines in the third quarter of 2026. Serial production is planned to begin in the fourth quarter of 2026, with an annual capacity target of 180,000 rounds.
In parallel, Niewiadów PGM has secured additional financing of PLN 60 million to build a 40 mm ammunition facility. The group also indicated readiness to expand into other areas requiring rapid production increases, including antipersonnel mine manufacturing.
Officials said the company is focusing on the use and development of domestically created technologies. This approach is intended to reduce reliance on external licences and strengthen long-term technological independence.
The listing follows the merger of Polska Grupa Militarna and Grupa Niewiadów, forming a capital group focused on civil-military technologies. The company said it aims to build a strong private industrial base and expand its role within Poland’s defence sector.
