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Miejskie Przedsiebiorstwo Energetyki Cieplnej S.A. (Krakow) (Poland)

Main Activities: Steam and Air-Conditioning Supply
Full name: Miejskie Przedsiebiorstwo Energetyki Cieplnej S.A. Profile Updated: October 18, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Polish Download a sample report

Miejskie Przedsiębiorstwo Energetyki Cieplnej S.A. in Krakow is one of the leading companies in the district heating industry in Poland. Established in 1953, it is a key municipal company in Krakow, providing heat to over 65 percent of the city's residents. The company operates a municipal network spanning 940 kilometers, with nearly 70 percent of it consisting of pre-insulated pipes using advanced technology to detect potential water leaks. The heat from this network is supplied to residential areas, shopping malls, conference halls, offices, schools, hospitals, and churches. In addition to central heating, the clean and safe energy provided by MPEC Krakow is also used for other technological purposes such as air conditioning, ventilation, and heating water in pools and sports fields. Over the past few decades, MPEC has invested over 1.3 billion Polish zlotys to build one of the most advanced district heating systems in Europe. This system includes a network of heat pipes arranged in a ring-branched layout, as well as over 10,000 heat exchange stations, nearly 8,000 chambers, network pumping stations, and equipment such as network compensators, shut-off and control valves (flap and ball valves). MPEC Krakow remotely monitors the operation of the most important points in the heating system of Krakow and Skawina. In addition to providing heat energy, MPEC Krakow is also one of the leading producers of compact heat exchange stations in Poland.

Headquarters
Ul. Aleja Pokoju 81
Krakow; Malopolskie; Postal Code: 31-564

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Website: http://www.mpec.krakow.pl

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 30, 2001
Key Executives
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President
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Vice President
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Management Board Member
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Management Board Member
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Supervisory Board Member
Ownership Details
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100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PLN. Absolute financial data is included in the purchased report.
Net sales revenue
9.26%
Total operating revenue
10.2%
Operating profit (EBIT)
-21.03%
EBITDA
-2.17%
Net Profit (Loss) for the Period
-29.73%
Total assets
19.21%
Total equity
6.35%
Operating Profit Margin (ROS)
-1.49%
Net Profit Margin
-1.6%
Return on Equity (ROE)
-2.39%
Debt to Equity Ratio
28.99%
Quick Ratio
-0.16%
Cash Ratio
-0.01%

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