The largest investment plan in the history of Polish energy? Orlen unveils new corporate strategy through 2035

- We will be secure, competitive, and modern. We plan to invest as much as PLN 380 billion, making this the largest development program in the history of Polish energy. We are implementing a strategy that is both ambitious and responsible. This is our commitment to our customers, and therefore to all Poles. There is much to catch up on in our industry. This is the decade of the last chance for the energy sector, which is why we are accelerating - said Ireneusz Fąfara, CEO of ORLEN, during the presentation of the strategy “The Energy of Tomorrow Starts Today.”

The CEO also emphasized that Orlen is intensifying the integration of group companies while introducing and solidifying corporate governance rules and modern, transparent management principles.

“We are optimizing projects and processes to gradually increase the value of the Orlen Group for our shareholders,” added Fąfara.

Large-scale investments and direct customer benefits

In addition to large-scale investments, modernization, and the development of energy production assets and infrastructure, Orlen's strategy includes projects with direct benefits for customers. The company’s actions will result in lower energy costs than they would be without the planned investments. At the same time, Orlen plans to introduce modern solutions and expand its consumer offering.

One initiative involves expanding the VITAY loyalty program, aiming to attract 10 million customers. These users will benefit from a unified ecosystem for purchasing energy for homes and transportation. Another significant element of the updated strategy is the expansion of the fuel offering, with over 25 percent of fuels to be sourced from zero-emission sources by 2035.

Ambitious investment goals and economic indicators

“The Energy of Tomorrow Starts Today” outlines specific investment goals, including measurable data and economic indicators that Orlen commits to achieving over the next decade. These include:

• 27 billion cubic meters of gas – Enough to fully meet Poland’s needs. Orlen will supply this amount to the domestic market by increasing extraction in Norway, Poland, and North America, as well as through trade contracts.
• 4.3 GW of gas power generation capacity – Equivalent to powering 7.5 million households.
• 1.4 GW of energy storage capacity – Large-scale storage facilities capable of supplying 300,000 households with energy for 24 hours.
• Four offshore wind farms and at least two small nuclear power plants.
• Recycling capacity increase from 35,000 tons to 250,000 tons over the next decade. By 2035, 10 percent of all petrochemicals sales will come from renewable and circular economy-based products.

Dividends and shareholder value

The new strategy will enable the Orlen Group to share profits with shareholders through stable dividend growth. The guaranteed dividend for 2025 will increase from PLN 4.3 to PLN 4.5 per share. A progressive dividend policy will ensure annual growth of PLN 0.15 per share, with the board recommending higher payouts—up to 25 percent of operational cash flow for the year, adjusted for financing costs.