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ORLEN
The Energy of
Tomorrow
Starts Today
Management Board’s Report on the operations of the ORLEN Group in 2025
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CEO Letter
It was a record-breaking year for the ORLEN Group, marked by the highest capital investments in our history and the highest market capitalization of any company listed on the Warsaw Stock Exchange. These achievements reflect the success of the entire ORLEN Group team.
Ireneusz Fąfara
President of the Management Board – Chief Executive Officer, ORLEN S.A.
CEO Letter
Learn how we operate and create value
ORLEN Group is the largest multi-energy group in Central and Eastern Europe, conducting integrated operations across the entire energy value chain – from resource extraction, through processing and production, to distribution and retail sales. The Group operates based on four business segments: Upstream and Supply, Downstream, Energy, and Consumers and Products.
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Development
The ORLEN Group Strategy to 2035
ORLEN Group is executing its strategy through 2035, balancing secure energy supplies with the demands of decarbonization and an evolving regulatory landscape.
At its core is a pragmatic energy transition that leverages the strengths of its traditional business while accelerating emissions reduction and the growth of renewable energy.
View the strategyOur performance
Key figures for 2025
In 2025, the ORLEN Group delivered strong operational and financial performance, with LIFO EBITDA of PLN 41.5 bn and robust operating cash flows of PLN 47.2 bn. At the same time, it maintained a solid financial position and executed significant capital investments supporting further transformation and growth.
Sustainability
The transformation of the fuel and energy sector is affecting multiple aspects of how organizations operate – from technology and infrastructure, through regulation and system security, to the people who are responsible for delivering this change and whose day-to-day work continues to evolve with it.
Ireneusz Fąfara, President of the Management Board, ORLEN S.A.
View CEO Letter
