Orlen accelerates: record results and strategic investments

Orlen began building the first sea wind farm in the Baltic Sea, which will power over 1.5 million households from 2026. There are also plans to increase gas extraction, build small nuclear power plants and energy storage. The dynamic development of the group brings measurable results – in the last quarter Orlen recorded a five -time increase in profits and announced a record dividend.

Orlen ended the past year with impressive financial results, which are a solid basis for further development. The group’s net profit was PLN 4.6 billion – this is a five -time increase compared to the previous year.

As a result, the company’s management recommended the payment of a record dividend of PLN 6 per share, the highest in the company’s history.

High profits and record dividend

This success was possible thanks to excellent operational results, especially in mining and gas segments, which generated a total of 70 percent. EBITDA profit. The extraction segment generated a profit of PLN 5 billion, mainly due to the rising prices of gas and oil and increasing production in Norway, and the gas segment achieved a result of PLN 4.4 billion, despite difficult macroeconomic conditions.

Good results were also recorded by the refinery and energy segment. The refinery segment generated PLN 1.5 billion EBITDA LIFO – almost PLN 2 billion more than a year ago, despite the normalizing refinery margins.

Energy, with a result of PLN 2.3 billion, confirmed the effectiveness of investments in renewable sources and gas energy. Petrochemia, despite market challenges, increased sales by 19 percent.

A solid foundation for future investments

Record financial results are particularly important in the context of ambitious investment plans. Energa Operator from the Orlen Group obtained over PLN 7.5 billion from the National Reconstruction Plan (KPO) for the largest program in the company’s history in the company’s history in northern and central Poland.

The program includes the modernization and expansion of 21,000 kilometers of electricity distribution network, which will affect lower energy prices for final recipients and will allow new prosumers to connect to renewable energy. Thanks to these activities, it will be possible to increase the efficiency and reliability of electricity supply in northern and central Poland.

The effect of the program will be to increase network reliability for 3.5 million customers and the possibility of better use of renewable energy, not charged with variable fossil fuels.

New strategy 2035 – Orlen strengthens the position of the leader

One of the key events from the beginning of 2025 was the presentation of the updated strategy 2035 – the largest investment plan in the history of Polish energy. Orlen intends to invest as much as PLN 380 billion by 2035 to strengthen the energy independence of Poland and the region and develop modern technologies.

As the President of the Management Board Ireneusz Fąfara noted during the presentation of the strategy, it is also a commitment to clients and accelerates actions in the area of ​​energy.

The plan includes modernization and development of manufacturing assets and energy infrastructure as well as large -scale investments, including wind farms. By 2035, the group intends to invest significant funds in the Offshore Wind, including the implementation of projects such as Baltic Power and Baltic East, developed as part of the Orlen Neptun company. The goal is to increase the share of renewable energy sources in Poland’s energy mix and become independent of coal.

An important element of the 2035 strategy is the expansion of gas capacity in the field of gas, including the increase in domestic natural gas production from 8.6 to 12 billion cubic meters per year.

Orlen also intends to invest in small modular reactors, which will be of key importance in ensuring stability and energy security in Poland in the context of future challenges related to the transformation of the energy sector. A special element of the updated strategy is also the extension of the fuel offer, which until 2035 in over 25 percent. It will be based on zero -emission sources.

The strategy also includes initiatives addressed to customers. ORLEN plans to expand the VITAY program and attract up to 10 million participants who will gain access to a uniform ecosystem to buy energy for home and transport.

Baltic Power under construction

One of the key projects of Orlen in the RES area is Baltic Power – the first Polish maritime wind farm, implemented in cooperation with the Canadian company Northland Power. In February 2025, the construction of 1.2 GW installations began, which will supply over 1.5 million households from 2026. In February, after many months of preparation for the sea, 11 ships started to install 100-meter constructions on which 15 MW wind turbines will be placed.

The Baltic Power project is an important step in implementing a larger plan to build wind farms in the Baltic. The investment is not only to increase Poland’s energy security, but also contribute to the development of the local economy, creating new jobs and supporting innovations in the energy sector.