What is the main business of CEP Central European Petroleum?

The main business activity of CEP Central European Petroleum focuses on extraction of crude petroleum.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on December 11, 2018.

Where is the headquarters located?

The headquarters is located at: ul. Grzybowska 2, 00-131 Warszawa.

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

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 $3 in 2024, which is a decrease of 99.8% compared to 2023.

No, the company recorded a net loss of $4,752,417 in 2024. For comparison, in 2023 the loss was $5,794, representing a multi-fold increase in the loss compared to 2023.

CEP Central European Petroleumsp. z o.o.

Extraction of crude petroleum

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2018-12-11

Share capital

5 000,00 PLN

Registered address

ul. Grzybowska 2/29, 00-131 Warszawa, Poland

Electronic delivery address

AE:PL-28391-99114-DBACE-18

Financials

Revenue history (in k)

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 4.39mMedianUSD 24.84kAverageUSD 10.29m

Net profit

This companyUSD -7.75mMedianUSD -5.94kAverageUSD -5.16m

Operating costs

This companyUSD 4.06mMedianUSD 17.58kAverageUSD 11.48m

Assets

This companyUSD 53.27mMedianUSD 58.22kAverageUSD 27.14m

Industry

Bank accounts

Registered as a VAT taxpayer on 2020-08-03. Active

mBank
90 1140 2062 0000 3883 3700 1001

Debt

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

Public aid

No public aid cases recorded in the last 10 years.

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Alula Damte — Management Board Member

Antoni Tomasz Minkiewicz — Management Board Member

Rolf Gregor Skaar — Management Board Member

Manner of representation

A member of the management board acting independently is authorized to represent the company.

Ownership

Owner	Shares	Share value	Stake
Cep Central European Petroleum B.v.	100	$1,350.62	100%

Beneficial owners

Person	Rights
Alula Damte (60)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).
Antoni Tomasz Minkiewicz (65)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).
Rolf Gregor Skaar (58)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).

Competitors

Name	Revenue	Website
Weatherford Polandsp. z o.o.	$2,395,037.30	weatherford.com
Tenaz Energy Poland B.V.Branch (foreign co.)	$0.00	tenazenergy.com
Orlen PetrobalticS.A.	—	lotos.pl
Orlen Upstream Polskasp. z o.o.	—	orlenupstream.pl

Change history

Date	Event
2024-02-06	PKD change (Removed: 41, 62, 63, 68, 70.22.Z, 73, 74, 78, 82, 96; Added: 06.10.Z, 06.20.Z, 08.99.Z, 09.10.Z, 09.90.Z, 43.12.Z, 43.13.Z, 71.12.Z, 71.20.B, 74.90.Z)
2020-01-14	Name change (Danehill → Cep Central European Petroleum)
2018-12-11	Entered in the register

FAQ

Last updated: 2026-07-06