Rafineria Gdańska Revenue and Competitors

Rafineria Gdańska Sp. z o.o. operates one of the most advanced production facilities in this part of Europe, with its annual throughput capacity exceeding 10 million tonnes of crude oil. The company has a headcount of over 1,000, and its core business comprises processing activities, with crude oil supplied to the refinery converted into high-margin products. Following reorganisation of the then LOTOS Group, all refining operations based in Gdańsk were integrated into a single entity in November 2021. The entity was then transformed from a production and trading company (operating under the name LOTOS Asfalt Sp. z o.o. until July 19th 2022) into a production-only company. Together with its asset base, Rafineria Gdańska Sp. z o.o. is opening a new chapter in the history of Gdańsk’s refining industry, which dates back to March 1st 1972 when Rafineria Nafty Gdańsk w Budowie was established. Its name was subsequently changed to Gdańskie Zakłady Rafineryjne, Rafineria Gdańska S.A., Grupa LOTOS S.A. and Rafineria Gdańska Sp. z o.o. The most recent landmark capital investment project implemented at the refinery (worth PLN 2.3bn) was the EFRA Project. The project execution was entrusted in 2014 to the then LOTOS Asfalt. The units built as part of the project came on stream in late 2019, with the most important ones comprising the Coking Complex. In addition to raising throughput capacity, the EFRA Project helped to eliminate production of high-sulfur heavy fuel oil. Rafineria Gdańska continues to offer customers a wide range of bitumens, including road bitumens, modified bitumens (MODBIT), and industrial and specialty bitumens. In recent years, the company has launched innovative products for construction applications in Poland: rubber-modified bitumens (MODBIT CR), warm mix asphalts (WMAs) and highly-modified bitumens for long-life pavement construction (MODBIT HiMA).