In the fourth quarter of 2025, AB ORLEN Lietuva Group reported:
- Revenue of USD 1.435 billion
- Net profit of USD 75.1 million
- EBITDA of USD 65.1 million
- EBITDA LIFO of USD 55.4 million
- Refinery capacity utilization almost 86%
The only crude oil refinery in the Baltic States ORLEN Lietuva has increased its revenue to USD 1.435 billion or by 9% as compared to the same period in 2024. A loss of USD 197.1 million was replaced by a net profit of USD 75.1 million.
In the last quarter of 2025, all financial indicators of ORLEN Lietuva were positive. EBITDA LIFO turned positive at USD 55.4 (USD -136.6 million in Q4 2024) million and EBITDA grew to USD 65,1 million (USD -171.3 million in Q4 2024).
“Both inland and seaborne sales grew by 11%. Compared to 2024, we have increased sales in all our key markets – Estonia grew 30%, Latvia by 9% and Ukraine by 81%. Export to other inland markets grew more than fourfold. This growth allowed us to compensate for a 14% sales decrease in Lithuania and a 13% sales decrease in Poland” noted Dariusz Zonenberg, the General Director of ORLEN Lietuva.
The refinery was operating at nearly 86% capacity in the previous quarter and processed 2.337 million tons of feedstock. Compared to Q4 2024, it increased diesel production by 199 thousand tones and petrol production grew by almost 85 thousand tones.
“We had a less intense Autumn shutdown as compared to 2024 therefore we have managed to keep up with high levels of production. Our results were positively influenced by favorable macroeconomic environment and demand remained high due to low oil prices in international markets. I hope that our professional team will continue with such successful growth” said the General Director of ORLEN Lietuva.
ORLEN Lietuva has been the largest taxpayer in the country for several years and is a very important part of the Lithuanian economy. Since 2006, for the acquisition and modernization of the refinery in Mažeikiai, ORLEN has invested almost 4.5 billion euros. In addition, ORLEN Lietuva operates the crucial Būtingė terminal in Lithuania, the main port for feedstock supplies, and the Mockava railway terminal, an important transshipment station for the smooth export of products.
ORLEN Group is an integrated, diversified energy group, included in the prestigious Fortune Global 500 and Platts TOP250 lists. It was the first group in the region to announce its ambition to achieve climate neutrality targets in 2050. ORLEN Group today operates in more than 10 markets.