Manufacture of refined petroleum products (PKD 19.20.Z)
This subclass includes the production of liquid and gaseous fuels or other petroleum products from crude oil, bituminous minerals or their fractions. Crude oil refining requires one or more of the following processes: fractionation, direct distillation of crude oil, cracking.
This subclass includes:
- the manufacture of motor fuels: gasoline, jet fuel (kerosene) and the like,
- the manufacture of fuels: fuel oils (light, medium and heavy), refinery gases (for example ethane, propane, butane),
- the manufacture of lubricating oils and greases, including those obtained from reprocessing of used oils,
- the manufacture of products for the petrochemical industry and for road surfacing,
- the manufacture of various products: varnish benzines, vaselines, paraffins and the like,
- the manufacture of briquettes from petroleum products, peat, lignite, bituminous coal,
- the blending of components with crude oil, including the blending of alcohols with crude oil (for example alcohol fuel, gasohol),
- the manufacture of products from petroleum waste (for example waste lubricating oils).
Industry statistics (2025)
Number of companies
Companies
4,326
Companies (primary PKD)
396
Companies with financials
100
Business turnover
Legal structure
Legal formShare of companiesNumber of companies
- Sp. z o.o.74.0%293
- JDG5.6%22
- S.A.5.6%22
- Sp. k.4.3%17
- Sp. j.4.0%16
- Cooperative3.0%12
- Other1.5%6
- P.S.A.0.5%2
- Association0.3%1
Financial results
The calculation excludes new companies that pull financial results down. Only firms with a filing in the previous year are included, so market trends are easier to read.
Median revenue
Ranking
Median revenue compared with other PKD codes.
Top companies by revenue
| # | Company | Legal form | Revenue | Net profit |
|---|---|---|---|---|
| 1 | S.A. | USD 66.96bn | USD 662.00m | |
| 2 | sp. z o.o. | USD 772.22m | USD 51.63m | |
| 3 | sp. z o.o. | USD 373.15m | USD -3.61m | |
| 4 | sp. z o.o. | USD 186.56m | USD 19.52m | |
| 5 | S.A. | USD 54.41m | USD 668.70k | |
| 6 | sp. z o.o. | USD 33.49m | USD 1.12m | |
| 7 | sp. z o.o. | USD 25.26m | USD 1.24m | |
| 8 | sp. j. | USD 24.39m | USD 3.45m | |
| 9 | sp. z o.o. | USD 24.14m | USD 3.73m | |
| 10 | sp. z o.o. | USD 19.81m | USD 16.62k |
Fastest-growing companies
| # | Company | Legal form | Revenue | Y/Y growth |
|---|---|---|---|---|
| 1 | sp. z o.o. | USD 33.49m | +900.0% y/y | |
| 2 | sp. z o.o. | USD 12.78m | +40.7% y/y | |
| 3 | sp. z o.o. | USD 13.40m | +14.1% y/y | |
| 4 | sp. z o.o. | USD 24.14m | +12.2% y/y | |
| 5 | sp. z o.o. | USD 8.38m | +10.0% y/y | |
| 6 | sp. z o.o. | USD 5.61m | +7.0% y/y | |
| 7 | sp. z o.o. | USD 3.83m | +6.8% y/y | |
| 8 | sp. z o.o. | USD 8.81m | +6.8% y/y | |
| 9 | sp. k. | USD 6.89m | +5.3% y/y | |
| 10 | sp. z o.o. | USD 16.24m | +3.7% y/y |
Stock market
2 companies from this industry are listed.
Related PKD codes in division 19
FAQ
The primary industry for 396 companies is manufacture of refined petroleum products. 100 entities have filed financial statements.
So far in 2026, 3 new companies with PKD 19.20.Z have been registered. In all of 2025, there were 4 such companies.
So far in 2026, 5 companies with PKD 19.20.Z have been deregistered. In all of 2025, there were 7 such companies.
In 2025, the median revenue for PKD 19.20.Z was USD 2.15m and the mean revenue was USD 999.87m, based on 69 financial statements. Averages and medians include only companies that file financial statements, excluding sole proprietorships.
Yes, in 2025, the median net profit was USD 45.80k, an improvement on 2024 (USD 25.33k). Among all 674 industries in Poland, PKD 19.20.Z ranks 158th, putting it in the top 23%.
The most common legal form for PKD 19.20.Z is sp. z o.o., used by 293 companies in this industry (74.0% of the total). In second place is a sole proprietorship (22 companies, 5.6%), and in third place – S.A. (22 companies, 5.6%).




