Tag: Fitch Ratings

Presidential Veto on SAFE Funding Raises Concerns Over Poland’s Fiscal Stability, Fitch Warns

President Karol Nawrocki’s decision to veto the law enabling Poland’s participation in the SAFE mechanism has sparked controversy both domestically and internationally. According to...

ORLEN Posts Record Investments and Stable Results After Three Quarters of 2025

After the first three quarters of 2025, ORLEN Group reported the highest capital expenditure in its history while maintaining stable financial results despite a...

Millennium Bank Hipoteczny S.A. Successfully Issues PLN 1 Billion in Mortgage Covered Bonds

Millennium Bank Hipoteczny S.A. has successfully carried out an issuance of mortgage covered bonds with a total nominal value of PLN 1 billion. The...

The ORLEN Group achieved results in the third quarter of 2024 similar to those of Q3 2023

The ORLEN Group ended the third quarter of 2024 with a very good operating profit EBITDA LIFO, despite a significant worsening of the macroeconomic...

ORLEN signs a credit agreement for 2 billion euros with a consortium of 16 banks, securing financing for operational activities

ORLEN has signed a credit agreement with a consortium of 16 banks, ensuring that the Group has a financing amount of 2 billion euros....

Consolidated Results of the ORLEN Group for the Second Quarter of 2024

Despite the growing pressures of the macroeconomic environment, ORLEN Group has concluded the second quarter of 2024 with an EBITDA LIFO operating profit of...

ORLEN Group Reports Strong Financial Results for Q1 2024: EBITDA LIFO at PLN 8.4 Billion and Net Profit of PLN 2.8 Billion

ORLEN Group concluded the first quarter of 2024 with an operating profit (EBITDA LIFO*) of PLN 8.4 billion and a net profit of PLN...

Fitch Ratings maintains ORLEN’s rating at “BBB+” with a stable outlook

The agency Fitch Ratings has maintained the long-term rating of the ORLEN group at a "BBB+" level with a stable outlook. The agency primarily...
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