Overview
Status
Active
Registry date
2003-04-29
Share capital
3,485,050.00 PLN
Registered address
Pańska 73, 00-834 Warszawa, Poland
Electronic delivery address
AE:PL-86282-56406-ERHAF-13
Financials
Revenue history (in k)
Filing timeliness
4 of 6 financial statements were filed late (the longest delay 76 days for 2021).
- 202501/07/2026
- 202411/09/2025
- 202325/07/2024
- 202223/08/2023
- 202129/09/2022
- 202004/10/2021
Filed on timeDelayFiling deadline
Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2025.
Results vs industry
Revenue
This companyUSD 764.86kMedianUSD 9.52kAverageUSD 3.13m
Net profit
This companyUSD 114.94kMedianUSD -6.16kAverageUSD -369.58k
Operating costs
This companyUSD 618.19kMedianUSD 19.84kAverageUSD 3.32m
Assets
This companyUSD 3.49mMedianUSD 435.31kAverageUSD 9.23m
Industry
Authorized Representatives
Dariusz Oleczek – Attorney-in-fact
Joseph Wilfred Olsheski – Vice President of the Management Board
Manner of representation
To make declarations of will and sign documents on behalf of the company, the President of the Management Board and the Vice-President are authorised to act independently, or two members of the management board acting jointly.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
| 11,960 | $161,534.31 | 17.159% | |
| 18,998 | $256,591.03 | 27.2564% | |
Merol Power Corporation | – | $358,184.76 | 38.0482% |
Joseph Wilfred Olsheskiage 31 | 10,000 | $135,062.13 | 14.347% |
Others | 1,349 | $30,024.31 | 3.1894% |
Beneficial owners
| Person | Rights |
|---|---|
Subsidiaries
| Name | Share value | Stake | ||
|---|---|---|---|---|
Torentsp. z o.o. | 81,982.71 USD | 22.3814% |
Bank accounts
Registered as a VAT taxpayer on 2000-05-01.
66 1240 1112 1788 0010 9194 4994
59 1240 1112 1111 0010 9194 4923
Debt
No entries in the National Debtors Register (KRZ).
Real estate
| Type | Amount |
|---|---|
Land (incl. perpetual usufruct) | $31,394$31,394 |
Buildings and premises | $7,029$7,029 |
MSiG notices
| Publication date | Event | |
|---|---|---|
| Sep 29, 2025 | Call to creditors |
Public aid
123 public aid cases recorded, with a total value of $1,307,448.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Jul 14, 2026 | Operating aid for the promotion of energy from renewable sources | $19,330$19,330 | Zarządca Rozliczeń S.A. | |
| Jun 16, 2026 | Operating aid for the promotion of energy from renewable sources | $14,475$14,475 | Zarządca Rozliczeń S.A. | |
| May 11, 2026 | Operating aid for the promotion of energy from renewable sources | $27,551$27,551 | Zarządca Rozliczeń S.A. |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Biogazownia Skarżynsp. z o.o. | $1,563,306.80 | biogazowniaskarzyn.pl | ||
| Polenergia Farma Wiatrowa 23sp. z o.o. | $1,067,878.43 | polenergia.pl | ||
| MFW Bałtyk IS.A. | $640,974.59 | mfwbaltyk1.pl | ||
| Revoltonsp. z o.o. | $596,434.53 | revolton.pl | ||
| Cibet Reenergysp. z o.o. | $333,555.28 | cibetreenergy.pl | ||
| Ekologiczna Elektrownia Wiatrowa 1sp. z o.o. | $213,059.38 | energyinvestgroup.pl | ||
| Polenergia Farma Fotowoltaiczna Buksp. z o.o. | $37,472.82 | polenergia.pl | ||
| Polenergia Farma Wiatrowa Krzywasp. z o.o. | $9,852.87 | polenergia.pl | ||
| Polenergia Farma Wiatrowa 22sp. z o.o. | $6,467.84 | polenergia.pl | ||
| Polenergia Farma Wiatrowa 10sp. z o.o. | $719.84 | polenergia.pl |
Change history
| Date | Event | |
|---|---|---|
| 2026-04-22 | Share capital reduction (4,130,000.00 PLN → 3,485,050.00 PLN) | |
| 2023-08-10 | Share capital increase (2,600,000.00 PLN → 4,130,000.00 PLN) | |
| 2023-07-12 | PKD change (Removed: 46, 47; Added: 81, 82) | |
| 2016-06-03 | Switch to PKD 2007 (14 PKD 1997 codes → 10 PKD 2007 codes) | |
| 2005-03-22 | Address change (Żółkiewskiego 35 C, 04-305, Warszawa → Pańska 73, 00-834, Warszawa) |
FAQ
The main business activity of Merol Power Polska focuses on production of electricity from non-renewable sources.
The company was registered in the Polish National Court Register (KRS) on April 29, 2003.
The headquarters is located at: Pańska 73, 00-834 Warszawa.
The share capital of the company is PLN 3,485,050 (approx. $941,397).
The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.
The company reported a revenue of $410,135 in 2024, which is an increase of 2.7% compared to 2023.
Yes, in 2024 the company was profitable, achieving a net profit of $58,626, meaning the company decreased its profit by 17.7%.
The largest operating cost category falls under depreciation and amortization. This category amounted to $98,453 in 2024, representing 34% of all operating expenses.
Last updated: 2026-07-01