Saturday, October 12, 2024

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...

Despite Early Concerns, the Polish Zloty Shows Strength in 2024

In January, some analysts predicted a difficult year for the Polish currency. Technically, the charts of major currencies against the PLN approached 13-year support...

Deutsche Bank CEO Warns of Continued Commercial Real Estate Crisis, But European Outlook Differs

Deutsche Bank's CEO, Christian Sewing, anticipates a continuation of the commercial real estate market crisis this year. In the USA, Moody's has downgraded the...

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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