What is the main business of Polskie Sieci Elektroenergetyczne?

The main business activity of Polskie Sieci Elektroenergetyczne focuses on transmission of electricity.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on March 3, 2004.

Where is the headquarters located?

The headquarters is located at: Warszawska 165, 05-520 Konstancin-Jeziorna.

What is the share capital?

The share capital of the company is PLN 9,605,473,000 (approx. $2.6 billion).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.

What revenue was generated?

In 2025, the company generated total revenue of USD 6,812,615,385, representing an increase of 4.0% compared to 2024.

Is the company profitable?

Yes, in 2025 the company was profitable, achieving a net profit of USD 599,435,031, meaning the company decreased its profit by 16.3%.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to USD 3,369,958,949 in 2025, representing 56% of all operating expenses.

Polskie Sieci ElektroenergetyczneS.A.

Q: Who is on the management board?

The management board consists of: Agnieszka Okońska (Vice President of the Management Board), Grzegorz Andrzej Onichimowski (President of the Management Board), Tomasz Dariusz Sikorski (Vice President of the Management Board), Konrad Purchała (Vice President of the Management Board), and Włodzimierz Mucha (Vice President of the Management Board).

Transmission of electricity

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2004-03-03

Share capital

9 605 473 000,00 PLN

Activity description

Polskie Sieci Elektroenergetyczne is the operator of the electricity transmission system in Poland, responsible for the reliable operation of the transmission network and electricity supply across the country. The company owns over 15,000 km of high-voltage lines and 109 substations, and it manages the maintenance, operation, and development of the transmission system, which is crucial for Poland's energy security.

Registered address

Warszawska 165, 05-520 Konstancin-Jeziorna, Poland

Website

pse.pl

Phone

Social media

Electronic delivery address

AE:PL-43899-49816-SADFB-24

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 6.81bnMedianUSD 1.83kAverageUSD 133.75m

Net profit

This companyUSD 599.44mMedianUSD -3.53kAverageUSD 11.71m

Operating costs

This companyUSD 6.01bnMedianUSD 7.78kAverageUSD 122.78m

Assets

This companyUSD 9.74bnMedianUSD 68.16kAverageUSD 200.13m

News

2026-10-02

On October 19, 2026, additional entities will start energy market processes via CSIRE

2026-10-02

EPEX SPOT joined the SDAC day-ahead market in the Baltic states

2026-10-02

Summary of the quarterly application period for changes in the CSIRE Migration Data Scope

2026-10-01

Operators from Poland and Czech Republic conducted a blackout system restoration test

2026-09-28

KSE commercial balancing in August 2026

2026-09-28

Data migration deadline to CSIRE – Window 4 (October 19, 2026)

Industry

Bank accounts

Registered as a VAT taxpayer on 2004-03-01. Active

Bank Pekao SA
49 1240 5918 1111 0000 4912 3432
Bank Pekao SA
59 1240 5918 1111 0000 4909 1630
Bank Pekao SA
12 1240 5918 1111 0000 4914 0006

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Real estate

Type	Amount
Land (incl. perpetual usufruct)	$66.2M$66,219,066
Buildings and premises	$3.2B$3,154,706,211

Secured liabilities

Type	Creditor
Surety	–

MSiG notices

Publication date	Event
Dec 10, 2020	Commercial Companies Code notice
Apr 22, 2014	Merger plan
Apr 2, 2014	Merger plan
Sep 14, 2010	Merger plan

Public aid

Grant date	Purpose	Gross amount	Granting body
Sep 3, 2020	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	––	Zarządca Rozliczeń S.A.
Sep 3, 2020	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	––	Zarządca Rozliczeń S.A.
Dec 1, 2017	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	––	Prezydent Miasta Radom

European Funds

28 projects recorded: 4 from FE lists ($65,154,814) and 24 Commission grants (FTS) ($454,375,570).

Start	Project	EU co-financing	Programme
2022-11-28	Technical and administrative assistance under cef energy related to support for additional studies for baltic synchronisation	$71,047$71,047	1.0.222 - Connecting Europe Facility (CEF) - Energy
2021-11-15	101069633 - 4.8.9-W-m-21-bs synchro phii - p2 - implementation of baltic synchronisation project phase ii part 2	$71.0M$70,972,087	1.0.222 - Connecting Europe Facility (CEF) - Energy
2021-11-15	101069633 - 4.8.9-W-m-21-bs synchro phii - p2 - implementation of baltic synchronisation project phase ii part 2	$5.9M$5,874,224	1.0.222 - Connecting Europe Facility (CEF) - Energy

Tenders

5 tenders recorded as contractor, with a total value of $421,504,572, and 1320 as contracting authority.

Publication date	Subject	Amount	Contracting authority
Jun 15, 2026	„Przyłączenie podstacji trakcyjnych Pabianice, Kuźnica-Czajków i Dziadowa Kłoda zasilających odcinek LK85 i LK86 Łódź - Wrocław do sieci przesyłowej”.	$20.2M$20,177,202	Centralny Port Komunikacyjny sp. z o.o.
Jan 19, 2026	Przyłączenie podstacji trakcyjnych CPK i Dmosin zasilających odcinek LK85 Warszawa – CPK – Łódź do sieci przesyłowej	$12.4M$12,442,464	Centralny Port Komunikacyjny sp. z o.o.
Dec 29, 2025	„Modernizacja stacji 400/220 kV Rogowiec, Etap 1. Przebudowa i rozbudowa rozdzielni 220 kV w stacji 400/220 kV Rogowiec” .	$72.5M$72,508,455	Polskie Sieci Elektroenergetyczne S.A.

Public sector contracts

Polskie Sieci Elektroenergetyczne is the contractor in 2 public sector contracts, worth PLN 2.92k in total. They were signed with 2 public buyers.

Signed	Subject	Public buyer	Value
Sep 17, 2026	udział pracownika w konferencji (inactive)	Ministerstwo Infrastruktury	PLN 2,813
Aug 12, 2026	Notarialna zgoda na bezobciążeniowe odłączenie działek z księgi wieczystej	Starostwo Powiatowe w Kamieniu Pomorskim	PLN 112.00

Public buyer	Value
Ministerstwo Infrastruktury	PLN 2,813
Starostwo Powiatowe w Kamieniu Pomorskim	PLN 112.00

Public procurement disputes (KIO)

Polskie Sieci Elektroenergetyczne has been a party to 93 cases before the National Appeal Chamber (since 2013). In 93 cases it was the contracting authority.

Date	Case no.	Role	Other party	Outcome
Aug 31, 2026	KIO 3611/26	Contracting authority	Intaris Sp. z o.o.	Dismissed
Aug 26, 2026	KIO 3527/26	Contracting authority	TELBUD S.A.	Dismissed
Aug 19, 2026	KIO 3597/26	Contracting authority	Zakład Wytwórczy Aparatów Elektrycznych sp. z o.o.	Dismissed
Aug 17, 2026	KIO 3127/26	Contracting authority	Gamuza Sp. z o.o.; Usługi Leśne i Ogrodnicze Elitelas Sp. z o.o.; JKKE Sp. z o.o.; MatPark Sp. z o.o.; Dendro-Flora E.P.	Upheld
Aug 10, 2026	KIO 3164/26	Contracting authority	PPHU "LASPOL" M.P.	Discontinued

Trademarks

Polskie Sieci Elektroenergetyczne holds 3 active trademarks registered with the Polish Patent Office. 4 applications are pending. The first mark was filed in 2013.

Mark	Number	Classes	Status	Protected until
PSE	Z.418316	7, 9, 35, 36, 37, 38, 40, 41, 42, 45	Protected	Aug 28, 2033
PSE	Z.418317	7, 9, 35, 36, 37, 38, 40, 41, 42, 45	Protected	Aug 28, 2033
PSE Polskie Sieci Elektroenergetyczne	Z.418318	7, 9, 35, 36, 37, 38, 40, 41, 42, 45	Protected	Aug 28, 2033
PSE Innowacje	Z.607874	35, 41, 42	Application pending	–
PSE Innowacje	Z.607869	35, 41, 42	Application pending	–

Mark	Protected until
PSE	Aug 28, 2033
PSE	Aug 28, 2033
PSE Polskie Sieci Elektroenergetyczne	Aug 28, 2033
PSE Innowacje	–
PSE Innowacje	–

Regulatory authorisations

Authority	Type	Status
URE	Electricity transmission	Active
BDO	BDO register entry	Active

Authorized Representatives

Agnieszka Okońska – Vice President of the Management Board

Grzegorz Andrzej Onichimowski – President of the Management Board

Tomasz Dariusz Sikorski – Vice President of the Management Board

Konrad Purchała – Vice President of the Management Board

Włodzimierz Mucha – Vice President of the Management Board

Manner of representation

Joint action of two members of the management board or one member of the management board jointly with a commercial proxy is required to make declarations of will on behalf of the company – §14 section 1 of the Articles of Association; if the management board is a one-person management board, one member of the management board or a commercial proxy is authorized to make declarations of will on behalf of the company – §14 section 2 of the Articles of Association.

Supervisory board

Aleksandra Sieczkowska Pachelska – Supervisory Board Member

Jan Chadam – Supervisory Board Member

Dorota Jeziorowska – Supervisory Board Member

Remigiusz Koc – Supervisory Board Member

Ksenia Ludwiniak – Supervisory Board Member

Ownership

Owner
Skarb Państwa

Beneficial owners

Person	Rights

Subsidiaries

	Name	Share value	Stake
	PSE InwestycjeS.A.	1,260,426.80 USD	100%

Competitors

Name	Revenue	Website
Tauron Polska EnergiaS.A.	$8,628,327,473.63	tauron.pl
EneaS.A.	$3,863,229,784.03	enea.pl
Tauron WytwarzanieS.A.	$1,985,651,687.33	tauron-wytwarzanie.pl
Energa-OperatorS.A.	$1,912,838,774.49	energa-operator.pl
Enea Operatorsp. z o.o.	$1,378,614,013.06	operator.enea.pl
Veolia Energia WarszawaS.A.	$1,142,602,209.94	energiadlawarszawy.pl
ENEA Elektrownia PołaniecS.A.	$1,043,209,191.36	enea.pl
Polenergia ObrótS.A.	$983,462,368.88	polenergiaobrot.pl

Change history

Date	Event
2015-07-14	PKD change (Removed: 33.13.Z, 58.14.Z, 58.19.Z, 62.03.Z, 62.09.Z, 63.11.Z, 64.20.Z, 64.92.Z, 64.99.Z, 68.20.Z, 70.10.Z, 70.21.Z, 70.22.Z, 71.11.Z, 71.12.Z, 71.20.B, 72.20.Z, 77.11.Z, 77.40.Z, 80.20.Z, 84.13.Z, 84.22.Z, 85.32.A, 85.59.B, 85.60.Z)
2014-06-30	PKD change (Added: 33.13.Z, 33.14.Z, 63.11.Z, 68.20.Z, 71.20.B, 77.11.Z)
2013-01-09	Name change (Polskie Sieci Elektroenergetyczne Operator → Polskie Sieci Elektroenergetyczne)
2009-10-28	PKD change (Removed: 40.12.Z, 45.21.C, 45.21.D, 45.21.E, 45.21.F, 45.25.C, 45.25.E, 64.20.C, 64.20.G, 65.23.Z, 72.30.Z, 72.40.Z, 72.60.Z, 73.10.G, 74.14.A, 74.20.A, 74.87, 75.13.Z, 75.22.Z, 80.42.B; Added: 35.12.Z, 42.22.Z, 42.99.Z, 43.99.Z, 58.14.Z, 58.19.Z, 61.10.Z, 61.20.Z, 61.90.Z, 62.01.Z, 62.03.Z, 62.09.Z, 64.20.Z, 64.92.Z, 64.99.Z, 70.10.Z, 70.21.Z, 70.22.Z, 71.11.Z, 71.12.Z, 72.19.Z, 72.20.Z, 77.40.Z, 80.20.Z, 84.13.Z, 84.22.Z, 85.32.A, 85.59.B, 85.60.Z)
2009-01-16	Address change (Warszawska 165, 05-510, Konstancin-Jeziorna → Warszawska 165, 05-520, Konstancin-Jeziorna)

FAQ

Last updated: 2026-10-03