LOTOS

Header
  • LOTOS will pay dividend
    General 2017-06-14 LOTOS will pay dividend

    The Management Board of Grupa LOTOS S.A. announces that on June 14th 2016, Grupa LOTOS S.A.’s Annual General Meeting passed a resolution on allocation of the Company’s 2016 profit. In particular, the Meeting resolved to distribute PLN 184,873,362.00 as dividend to the shareholders.

    more
  • 25 years ago: first Polish crude oil from the Baltic Sea deposits
    Upstream activity 2017-05-29 25 years ago: first Polish crude oil from the Baltic Sea deposits

    Twenty-five years have passed since production was launched at the B3 field on the Polish Baltic Sea, and the Tarnobrzeg tanker reached the Northern Port of Gdańsk with the first delivery of Petrobaltic’s crude oil from the field.

    more
  • LOTOS again ranked among leaders of Responsible Companies Ranking
    CSR 2017-05-12 LOTOS again ranked among leaders of Responsible Companies Ranking

    LOTOS Group was ranked fourth in this year’s 11th edition of the Responsible Companies Ranking. The list features Poland’s largest companies, ranked according to the quality of their management of corporate social responsibility (CSR) activities. The results of this year’s ranking were officially announced during the European Economic Congress that took place on 11 May in Katowice.

    more
  • LOTOS Management Board recommends dividend payment
    General 2017-05-09 LOTOS Management Board recommends dividend payment

    Today, the Management Board of Grupa LOTOS S.A. has passed a resolution on proposed distribution of the Company’s net profit for 2016, allocating PLN 184,873,362 to payment of dividend. This means that the proposed gross dividend per share is PLN 1.

    more
  • LOTOS Kolej at trade fair in Munich
    Market activity 2017-05-09 LOTOS Kolej at trade fair in Munich

    Between May 9th and May 12th 2017, the Transport Logistic trade fair will be held in Munich. The event will be attended by over 2,000 exhibitors from across the globe. This year, the participants will include LOTOS Kolej – the most technologically advanced rail carrier in Poland, now successfully expanding its business in Germany.

    more
  • LOTOS margin in April
    Refining activity 2017-05-04 LOTOS margin in April

    In April 2017, LOTOS reported a model refining margin of USD 8.03 per barrel, while the Q1 2017 margin has been estimated at USD 7.34 per barrel.

    more
  • A successful quarter for LOTOS: the refinery’s overhaul shutdown with no impact on fuels supplies
    General 2017-04-25 A successful quarter for LOTOS: the refinery’s overhaul shutdown with no impact on fuels supplies

    In the first quarter of 2017, LOTOS reported a consolidated net profit of PLN 411 million, up 287% year-on-year. From January to March 2017, the consolidated EBIT stood at PLN 577 million, an increase of 318% year-on-year, and the EBITDA LIFO (without one-off effects) totalled PLN 682 million, up 25% year-on-year.

    more
  • Agnieszka Radwańska is brand ambassador for LOTOS
    Sports sponsorship 2017-04-12 Agnieszka Radwańska is brand ambassador for LOTOS

    In a move to enhance its brand recognition in the world, Grupa LOTOS has signed up Agnieszka Radwańska, Poland’s best female tennis player, to become LOTOS ambassador for the next three years. In partnership with Ms Radwańska, LOTOS also plans to launch sports educational programmes addressed to talented Polish youth.

    more
  • LOTOS posts record high results
    General 2017-03-07 LOTOS posts record high results

    Consolidated LIFO-based EBITDA, normalised to remove one-off items, reached almost PLN 2.6bn in 2016, 20% up on 2015.

    Consolidated LIFO-based EBIT soared 175% year on year, to PLN 1.9bn. Consolidated net profit for the year exceeded PLN 1bn, the best ever result delivered by the Group. To compare, in 2015 LOTOS reported a net loss of PLN 0.3bn.

    more
  • EFRA Project reaches halfway point
    EFRA 2017-03-03 EFRA Project reaches halfway point

    The progress of the EFRA Project to construct a huge complex of units in the Grupa LOTOS refinery reached a halfway point taking into account the design, supply as well as construction and assembly work. A huge crane has placed the largest and heaviest reactors and distillation columns a top high foundations. Among the gigantic elements put in place, the heaviest are the hydrowax distillation column weighing in at 300 tonnes  and two coke drums weighing 290 tonnes each. Heavy lifting, the most spectacular task under the EFRA Project, is finished.Most construction work was entrusted to Polish workers.

    more