2023 was the record-setting year for AB ORLEN Lietuva


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‘2023 was the record-setting year for AB ORLEN Lietuva. Achievement of such results is possible through the teamwork, when the primary goal in each field of activity is a consistent transformation, taking full advantage of all market opportunities’ said General Director of the Company Radoslaw Misztalewski.

ORLEN Lietuva closed last year with the highest net profit of the century. The company operated by Polish Concern ORLEN S.A. for more than 17 years, has not only build itself back after the loss-making year of 2022, but also reports USD 336.0 million net profit for 2023, and USD 366.7 million of EBITDA LIFO profit. It is the record-breaking result in comparison with any other financial year since 2006, when the refinery in Mažeikiai was acquired by Eastern and Central Europe oil refining sector leader ORLEN S.A.

I want to express appreciation to our people both in ORLEN Lietuva and group companies as thanks to this team we play significant role in energy security of entire region, increase of employment and support of social and cultural initiatives,’ said General Director R. Misztalewski during the announcement of financialstatements​ in appreciation of the teamwork and input demonstrated by employees.

ORLEN Lietuva inf. 


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