Industrial Manufacturing & Renewable Energy - Capital Goods sector combining traditional mining equipment production with emerging green energy and energy storage solutions
Strategic Profile
The group is undergoing strategic transformation, focusing on renewable energy, e-mobility, and energy storage, with updated strategic directions approved in July 2025. The renewable energy segment focuses on utility-scale photovoltaics, wind energy, and energy storage. Grenevia has obtained PLN 37 million in grants from the national eco-fund for the construction of three energy storage facilities totalling 130 MWh.
Cyborg Score Rationale
Revenue for the first half of 2025 reached PLN 1,042 million, up 13% year-over-year, with net profit at PLN 138 million, a significant increase from PLN 52 million in the prior year period. Operating profit rose to PLN 197 million from PLN 108 million year-over-year. EBITDA for the period was PLN 323 million, up from PLN 244 million in the first half of 2024. Strong growth trajectory combined with strategic shift toward renewable energy positions company well.
Top Insights
H1 2025: Revenue +13% YoY to PLN 1,042m; net profit nearly tripled to PLN 138m from PLN 52m
Recent acquisitions of Windhunter Service and Windhunter Academy strengthening wind energy segment
Secured PLN 37m eco-fund grants for 130 MWh energy storage projects (Jan 2026)
Four segments (FAMUR, Electricity, Photovoltaics, E-mobility) with diverse product portfolio from longwall systems to battery systems for electric vehicles