ORLEN achieved 42 billion złoty EBITDA profit and invested 32.6 billion złoty in 2025, bolstering energy security despite fuel price drops.
Financial Performance
ORLEN recorded a 42 billion złoty EBITDA LIFO profit and 11 billion złoty net profit in 2025. The company reduced debt while investing record 32.6 billion złoty, with a significant portion flowing to Polish firms. Net debt-to-EBITDA ratio fell to (-)0.07, and the company secured highest-ever credit ratings: A3 (Moody’s) and BBB+ (Fitch).
Segment Highlights
Upstream & Supply segment generated 4.2 billion złoty EBITDA, with average daily hydrocarbon production at 215 thousand boe. Downstream segment achieved 3.7 billion złoty EBITDA, driven by high crude throughput (10.3 million tons processed) and wholesale fuel sales. Energy segment reported 3.7 billion złoty EBITDA, boosted by 18% higher electricity production (5.8 TWh total) and 34% renewables increase. Consumer & Products segment delivered 1.2 billion złoty EBITDA through integrated sales of fuels, gas, and electricity.
Strategic Investments
ORLEN expanded upstream assets by acquiring stakes in Tommeliten Gamma, Albuskjell, and Vest Ekofisk fields via ORLEN Upstream Norway, adding millions of barrels of hydrocarbon reserves. Gas imports via LNG terminal Świnoujście exceeded 31 million tons, making nearly half of Poland’s gas imports LNG-sourced. The company issued 2 billion złoty bonds and secured 3.5 billion złowy for offshore wind projects via Baltic Power and Baltic East.
Corporate Development
ORLEN launched a fast-charging hub on S7 route (20-minute charging), began building a Włocławek energy storage facility, and consolidated transport operations in Poland and Czechs. ORLEN Kolej ordered 40 new locomotives from PESA and Newag. The company joined Energy Impact Partners fund, acquired S54 from Synthos, and partnered with Warsaw University of Technology on biogas research.