What is the main business of New Cogen?

The main business activity of New Cogen focuses on steam and air conditioning supply.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on October 10, 2013.

Where is the headquarters located?

The headquarters is located at: ul. Zbożowa 4, 70-653 Szczecin.

Who is on the management board?

The management board includes Grzegorz Pietruszewski (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 18,000,000 (approx. $4.9 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What revenue was generated?

The company reported a revenue of $17,893,576 in 2024, which is an increase of 4827.4% compared to 2023.

Yes, in 2024 the company was profitable, achieving a net profit of $2,020,809, representing a multi-fold increase compared to 2023.

What is the largest operating cost?

The largest operating cost category falls under materials and energy. This category amounted to $9,712,314 in 2024, representing 88% of all operating expenses.

New Cogensp. z o.o.

Steam, hot water and air conditioning manufacturing and supply

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2013-10-10

Share capital

18 000 000,00 PLN

Registered address

ul. Zbożowa 4, 70-653 Szczecin, Poland

Electronic delivery address

AE:PL-89769-80692-WHRBJ-16

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 18.28mMedianUSD 3.06mAverageUSD 30.31m

Net profit

This companyUSD 2.59mMedianUSD 137.51kAverageUSD 2.25m

Operating costs

This companyUSD 11.72mMedianUSD 2.90mAverageUSD 26.40m

Assets

This companyUSD 15.55mMedianUSD 4.41mAverageUSD 35.91m

Industry

Bank accounts

Registered as a VAT taxpayer on 2013-09-30. Active

mBank
13 1140 1140 0000 2886 1600 1001

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

MSiG notices

Publication date	Event
Jul 14, 2015	Call to creditors

Public aid

34 public aid cases recorded, with a total value of $7,003,302.

Grant date	Purpose	Gross amount	Granting body
Jul 28, 2026	Investment aid for the promotion of energy from renewable sources	$229.4K$229,391	Zarządca Rozliczeń S.A.
May 21, 2026	Investment aid for the promotion of energy from renewable sources	$134.6K$134,609	Zarządca Rozliczeń S.A.
Apr 20, 2026	Investment aid for the promotion of energy from renewable sources	$146.4K$146,426	Zarządca Rozliczeń S.A.

European Funds

Start	Project	EU co-financing	Programme
2018-12-22	Budowa źródła wysokosprawnej kogeneracji w Szczecinie	$3.4M$3,401,599	Program Operacyjny Infrastruktura i Środowisko 2014-2020

Tenders

10 tenders recorded as contracting authority.

Notices (contracting authority)

Publication date	Subject	Type	Amount
Aug 23, 2023	Turbiny i silniki	Contract modification notice	——
Jul 7, 2021	Turbiny i silniki	Contract award notice	——
Feb 3, 2021	Turbiny i silniki	Corrigendum	——

Regulatory authorisations

Authority	Type	Status
URE	Electricity generation	Active
URE	Heat generation	Active

Authorized Representatives

Agnieszka Kuczyńska — Management Board Member

Grzegorz Pietruszewski — Management Board Member

Manner of representation

If a one-person management board is appointed, the sole member of the management board represents the company independently. If a multi-member management board is appointed, the company is represented by two members of the management board jointly, or by one member of the management board acting jointly with a commercial proxy.

Supervisory board

Kamila Barbara Bogusławska — Supervisory Board Member

Krzysztof Soska — Supervisory Board Member

Monika Stypułkowska — Supervisory Board Member

Ownership

Owner	Shares	Share value	Stake
EPS Polska Holding sp. z o.o.	24,000	$3,241,491.09	66.6667%
Gmina Miasto Szczecin	12,000	$1,620,745.54	33.3333%

Beneficial owners

Person	Rights
Agnieszka Kuczyńska (48)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).
Grzegorz Pietruszewski (53)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).

Competitors

Name	Revenue	Website
SEC Regionsp. z o.o.	$22,982,545.98	sec.com.pl
ECBS.A.	$21,654,723.13	ecbsa.pl
Elektrociepłownia Piotrków Trybunalskisp. z o.o.	$20,575,744.78	ec-piotrkow.pl
Elektrociepłownia Ciechanówsp. z o.o.	$19,707,463.19	elektrocieplowniaciechanow.pl
Eco Tarnobrzegsp. z o.o.	$16,803,519.15	ecosa.pl
Przedsiębiorstwo Energetyki Cieplnejsp. z o.o.	$16,346,006.23	pecsieradz.pl
ElsenS.A.	$14,518,419.84	elsen.pl
Przedsiębiorstwo Energetyki CieplnejS.A.	$13,970,680.67	pecsa.pl
Dalkia Polskasp. z o.o.	$13,935,793.81	dalkiapolska.com
Przedsiębiorstwo Energetyki CieplnejS.A.	$9,607,990.48	pecpolice.pl

Change history

Date	Event
2022-01-31	Address change (Plac Trzech Krzyży 10/14, 00-499, Warszawa → Ul. Zbożowa 4, 70-653, Szczecin)
2022-01-31	Share capital change (12,000,000.00 PLN → 18,000,000.00 PLN)
2022-01-31	PKD change (Removed: 35.11.Z, 35.12.Z, 35.13.Z, 35.14.Z, 64.19.Z, 64.92.Z, 64.99.Z, 69.20.Z, 70.22.Z; Added: 33, 41, 42, 43, 46, 47, 49, 71, 72)
2019-06-17	Address change (Królowej Marysieńki 10, 02-954, Warszawa → Plac Trzech Krzyży 10/14, 00-499, Warszawa)
2015-12-10	Share capital change (12,500,000.00 PLN → 12,000,000.00 PLN)

FAQ

Last updated: 2026-06-22