Upthermosp. z o.o.
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Overview
Upthermo is a company that designs and implements Organic Rankine Cycle (ORC) systems for waste heat recovery, ranging from 10 kW to large-scale industrial installations. They serve industries such as biomass and wood, district heating, and other sectors with waste heat, aiming to convert waste heat into electricity and optimize energy costs. Their local engineering team supports clients from audit to implementation and financing.
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
Industry
Bank accounts
Registered as a VAT taxpayer on 2021-10-12. Active
27 1140 2004 0000 3902 8063 5956
Debt
No entries in the National Debtors Register (KRZ). No proceedings in KRZ
Public aid
7 public aid cases recorded, with a total value of $1,083,887.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Feb 24, 2025 | De minimis aid (in accordance with Commission Regulation 2023/2831) | $15,063$15,063 | Prezes Polskiej Agencji Rozwoju Przedsiębiorczości | |
| Oct 25, 2023 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $0$0 | Polskie Stowarzyszenie Doradcze i Konsultingowe | |
| Jan 21, 2022 | Aid for research and development projects: industrial research | $582.0K$581,965 | Dyrektor Narodowego Centrum Badań i Rozwoju |
European Funds
| Start | Project | EU co-financing | Programme | |
|---|---|---|---|---|
| 2022-01-01 | Upthermo - silnik cieplny umożliwiający pompowanie cieczy poprzez wykorzystanie energii z niskotemperaturowego źródła ciepła (od 40°C do 100°C) | $224.3K$224,255 | Program Operacyjny Polska Wschodnia | |
| 2021-08-01 | Opracowanie innowacyjnego silnika cieplnego umożliwiającego pompowanie cieczy poprzez wykorzystanie energii z niskotemperaturowego źródła ciepła. | $896.2K$896,215 | Program Operacyjny Inteligentny Rozwój |
Tenders
No recorded participation in tenders.
Authorized Representatives
Manner of representation
Each member of the management board is authorized to make declarations on behalf of the company independently.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Paweł Bartlewski (33) | 50 | $675.31 | 50% |
Piotr Dariusz Przybył (33) | 25 | $337.66 | 25% |
Others | 25 | $337.66 | 25% |
Beneficial owners
| Person | Rights | |
|---|---|---|
Paweł Bartlewski (33)  | Shareholder of a limited liability company, 2500.0 PLN | |
Piotr Dariusz Przybył (33) | Shareholder of a limited liability company, 1250.0 PLN |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| LasertecS.A. | $810,811.50 | lasertec.pl | ||
| OZE Instal Complexsp. z o.o. | $22,488.97 | ozei.pl |
Change history
| Date | Event | |
|---|---|---|
| 2023-07-11 | Address change (Ul. Włościańska 11, 10-857, Olsztyn → Ul. Kardynała Stanisława Hozjusza 11, 11-041, Olsztyn) | |
| 2020-10-20 | Entered in the register |
FAQ
Last updated: 2026-07-17