Grupa LOTOS Spólka Akcyjna engages in the production, processing, wholesale, and retail of refined petroleum products in Poland and internationally. The company operates in two segments, Upstream and Downstream. It offers unleaded gasoline, diesel oils, light and heavy fuel oils, and aviation fuel; lubricants, naphtha, propane-butane, and base oils; and natural gas condensate and bitumen products, as well as car care products and fluids. The company engages in oil exploration and production on the Baltic Sea; the Norwegian Continental Shelf; and the Heimdal and the Sleipner fields in Norway, as well as in Poland and Lithuania. As of December 31, 2016, it also operated 487 stations operated under the LOTOS and LOTOS Optima brands; and had 72.7 million barrels of oil equivalent proved and probable reserves of hydrocarbon. In addition, the company engages in the acquisition of crude oil and natural gas deposits, and extraction of hydrocarbons; wholesale and retail sale of fuels and light fuel oils; maintenance of mechanical and electric operations and controlling devices, as well as overhaul and repair activities; railway transport activities; laboratory testing and fire service activities; purchase and sale of crude oil; storage and distribution of fuels; and renting and operating own or leased real estate properties, as well as the provision of logistics and security services. Further, it produces and distributes electricity, heat, and gas; produces fatty acid methyl esters; and provides ship operation advisory, sea transport, ship chartering, and drilling services, as well as related services. Additionally, the company is involved in the production of other basic organic chemicals; manufacturing and processing of coke; wholesale of chemical products and derivatives; and warehousing and storage of goods, as well as pipeline transportation and management consultancy activities. The company was founded in 1991 and is based in Gdansk, Poland.
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