January 18, 2018 1:45 PM ET

Oil, Gas and Consumable Fuels

Company Overview of AB ORLEN Lietuva

Company Overview

AB ORLEN Lietuva, together with its subsidiaries, operates as a petroleum refining company in Lithuania and internationally. The company offers gasoline, diesel fuel, fuel oil, jet fuel, liquefied petroleum gas, bitumen, and elemental sulphur. It also operates crude oil and petroleum product network and marine terminal. In addition, the company is also involved in the wholesale trade of the petroleum products; and operates fuel stations in Lithuania. Further, it engages in the installation, supervision, and repair of electrical equipment and related services; and provision of in-door and industrial cleaning services. The company was formerly known as Mazeikiu Nafta and changed its name to AB...

Mažeikiu Street 75

Juodeikiai village

Mazeikiai,  89467

Lithuania

1,562 Employees

Phone:

370 4 439 2121

Fax:

370 4 439 2525

Key Executives for AB ORLEN Lietuva

Chairman and General Director
Chief Financial Officer and Director
Deputy General Director for Operations
Chief Accountant
Deputy General Director
Compensation as of Fiscal Year 2017.

AB ORLEN Lietuva Key Developments

Orlen Lietuva to Invest Upto EUR 100 Million on Butinge Terminal and the Mazeikiai Refinery

Orlen Lietuva will invest up to EUR 100 million in its oil processing and loading company Orlen Lietuva this year, with the company planning to invest in expansion of the Butinge terminal and the Mazeikiai refinery. The company is planned and completed investments for the 2017 -2018 period would reach $150 million - $200 million (EUR 124.5 million - EUR 166 million).

Orlen Lietuva Announces Management Changes

PKN Orlen replaced Orlen Lietuva General Director Ireneusz Fafara with Michal Rudnicki.

ORLEN Lietuva Group Reports Earnings Results for the Third Quarter and Nine Months of 2017

ORLEN Lietuva Group reported earnings results for the third quarter and nine months of 2017. For the third quarter, the company reported revenue of USD 1,174 million compared to USD 949 million a year ago. EBITDA LOFO was USD 95 million compared to USD 48 million a year ago. EBITDA was USD 96 million compared to USD 31 million a year ago. EBIT was USD 91 million compared to USD 28 million a year ago. Net results were USD 72 million compared to USD 14 million a year ago. CAPEX was USD 12 million. For the nine months, the company reported revenue of USD 3,141 million compared to USD 2,494 million a year ago. EBITDA LOFO was USD 194 million compared to USD 202 million a year ago. EBITDA was USD 203 million compared to USD 175 million a year ago. EBIT was USD 190 million compared to USD 165 million a year ago. Net results were USD 165 million compared to USD 142 million a year ago. CAPEX was USD 49 million.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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