Polish petrochemical group Orlen reported a dramatic increase in net profit last year, amounting to 11.25 billion zlotys (almost 65 billion crowns), which represents more than a fourfold increase compared to previous results. Despite this significant profit surge, the company's revenues experienced a decline of almost ten percent, totaling 267.33 billion zlotys. The financial report was made public on the company's website and highlights the contrasting financial dynamics within the company in the past year.

As part of its growth strategy, Orlen plans to increase its capital expenditures this year to 36.3 billion zlotys, an increase from 32.6 billion zlotys in the previous year. Key projects on the agenda for this year include the completion of Poland's first offshore wind farm in the Baltic Sea and a gas power plant in northern Poland. These initiatives indicate Orlen's commitment to expanding its operations and investing in sustainable energy solutions as a component of their overall business strategy.

In the Czech Republic, Orlen's refining and petrochemical subsidiary, Orlen Unipetrol, also reported a reduction in losses last year, bringing them down to 5.9 billion crowns from 16.3 billion in the prior year. However, Unipetrol also experienced a revenue drop of approximately 13 billion crowns, totaling 150.3 billion crowns. As the largest refining and petrochemical company in the Czech Republic, Orlen Unipetrol's performance could reflect broader trends in the regional market while emphasizing the need for strategic planning and investment.