“The pearl in the crown of the Polish economy.” Orlen worth over PLN 100 billion on the stock exchange

The Polish energy sector is more resilient than ever, despite the instability of global prices, energy prices in Poland are consistently falling, said Orlen's president Ireneusz Fąfara, summarizing the year of the company's new strategy on Monday.

As Fąfara stated, gas remains the foundation of energy security. – Thanks to new drilling and acquisitions in Norway, we have increased resources by 7.5 billion cubic meters. We use innovative technologies. Investments in Norway and Poland totaled over 10 billion cubic meters. new gas resources – he emphasized.

He reminded that Orlen is building 3 GW of new gas capacity, which will enable, among others, better balance renewable energy sources. For renewable sources, 2026 will be a breakthrough, we have completed the installation of all foundations on the Baltic Power offshore wind farm, the first offshore wind farm in the Polish Baltic Sea that will start producing energy – added Fąfara.

A breakthrough year for renewable energy and nuclear energy

As Orlen's president pointed out, in the area of ​​nuclear energy, the goal is for the first BWRX-300 reactor in Europe to be built in Włocławek.

He also recalled that the raw materials for production are 75 percent. Orlen buys biofuels for PLN 5 billion a year from Polish farmers, spends PLN 1 billion a year on renovations from Polish companies, and PLN 2.5 billion goes to Polish logistics entities. Annually, Orlen invests PLN 1,013 for each Pole – added President Fąfara.

We have established strategic cooperation with Naftogaz from Ukraine. This year we plan to deliver over 1 billion cubic meters to Ukraine. gas. We are convinced that thanks to this we are building a strong position on the Ukrainian market – emphasized Fąfara.

Orlen worth over PLN 100 billion

Minister of State Assets Wojciech Balczun, in turn, reminded that one of the government's priorities is Polish local content (participation of domestic companies in investments), and Orlen is one of the examples of implementing this approach. As he said this week, the ministry should present the definition of local content that it has been working on over recent months. Investors regained confidence in Orlen, Balczun added, recalling that in 2025 the company's capitalization exceeded PLN 100 billion.

Minister of Energy Miłosz Motyka, in turn, assessed that Poland became the world's 20th economy also thanks to bold strategies such as Orlen's. – What has been achieved thanks to the efforts of all Orlen and MAP employees is the construction of a company that is today a showcase of Poland, for which words of recognition and thanks are due – said Motyka. – Orlen is the pearl in the crown of the Polish economy – said the minister.

He added that the ministry would propose a law accelerating investments in the energy sector because – as he said – the energy transformation cannot drag on. It's about faster issuance of consents, permits and administrative procedures, he explained. He noted that today there is no longer any dispute that the integration of renewable energy sources into the grid results in lower energy prices. (PAP)

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