The Management Board of UNIMOT S.A. with its registered office in Zawadzkie (the “Issuer”), announces that on 23 April 2024, the Issuer’s Management Board and Supervisory Board adopted the UNIMOT Group Strategy for the years 2024-2028.
The Strategy of the UNIMOT Group is a response to the challenges related to the current situation and the future of the fuel and energy market, as well as the growing requirements in the field of environmental protection and climate change. In the process of developing the Strategy, the directions of the market, regulatory, social and economic environment were analysed, translating them into opportunities and risks for the Issuer.
The objective of the UNIMOT Group is to maximise the potential of the existing key business segments and strengthen their market position. At the same time, the Issuer aims to actively participate in the energy transition and increase its market share, and consequently increase the Group’s value for all its stakeholders while achieving climate neutrality by 2050.
The Strategy sets out a mission to provide clean and affordable energy. Organisational agility, cost-effectiveness, openness to change and looking beyond the horizon are intended to allow the Group to stay ahead of the competition by offering the best products and the highest quality of service in the market, thereby sustainable development of a diversified business.
The mission and vision provided the basis for the Issuer to define two key strategic action paths:
In accordance with the Strategy’s assumptions, maintaining the position of an independent leader in the area of import and distribution of liquid fuels will allow the UNIMOT Group to finance the construction of a diversified investment portfolio. In the Strategy horizon, the Issuer will reduce its carbon footprint through the use of energy from RES, investments in sources and modernisation of assets.
In order to increase the efficiency of its operations, the Unimot Group intends to concentrate its key business activities in the area of energy transition in one company – Unimot Energia i Gaz. The company will be responsible, as before, for investments in RES (investments in electricity and heat sources are planned), the offer of RES implementation and distribution components for external customers, as well as the sale of electricity and natural gas; in addition, it will be responsible for the support of local communities in the energy transition (clusters and energy cooperatives), which has so far been concentrated in the Energy Cluster Operator (ECO), energy trading and balancing services, which are handled by the Tradea company, and the production and sale of electricity and heat concentrated in the RCEkoenergia company. In this way, the Unimot Group intends to achieve synergies in its energy transition activities.
The Strategy sets out the commitments that govern the UNIMOT Group’s approach to sustainable development, defining lines of action and objectives regarding environmental and climate protection, concern for society and attention to the highest standards of corporate governance.
Taking the above into account, the following strategic objectives of the Issuer for 2024-2028 have been identified:
The Strategy also identifies strategic development areas in the field of energy transition and defines objectives for this area:
The Strategy sets out specific objectives to which detailed development and investment plans have been assigned. At the same time, financial targets have been set for each business segment of the Issuer Group. The strategic objectives and the assumed target EBITDA in 2028 will be as follows:
A presentation with detailed information on the adopted Strategy has been attached to this current report.
Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR Regulation)
Filip Kuropatwa, Vice-President of the Management Board