Aktualizacja kierunków strategicznych Grupy Grenevia

The Grenevia Group announced on 3 July an update of its strategic directions, adapting them to dynamic changes in the market and the macroeconomic environment. The goal of the company is to further develop into a diversified investment holding company focused on prospective sectors of the economy.

Grenevia has undergone a transformation since 2020 – from a machinery manufacturer for the mining as well as logistics and material handling industries to an organisation operating in five segments: RES, e-mobility, electricity, wind power and machine engineering. Now the company has published its revised roadmap, setting goals for 2030.

Pillars of development

The Grenevia Group's strategy is based on growth in key areas:

• RES projects – reorganising the business and diversifying the portfolio, including the development of wind power and energy storage projects.
• Energy storage facilities – building competence in providing solutions for the industry.
• Wind power – servicing and components – development of an independent RES servicing hub in Poland.
• E-mobility – scaling up the business and further diversifying revenue streams.
• Machinery and services for the power industry – strengthening its position as a solutions provider, supporting the electricity transition.
• Machinery and services for the mining sector – maintaining market position and possible expansion.
• Synergistic industries – through capital investments or partnerships with companies providing synergies with Grenevia Group entities, strengthening the value chain or broadening the offer.
• Real estate – portfolio diversification providing predictable income.

Development in these segments will be pursued both through organic growth and through acquisitions, joint ventures and strategic agreements.

Goals up to 2030

With the updated strategic directions, Grenevia plans to achieve the following goals in 2023:

• achieving a positive EBITDA A margin for each segment of the Grenevia Group,
• reaching a level of below 25% of the Group's revenues depending on the thermal coal sector,
• maintaining the ratio of Grenevia Group net debt to Group EBITDA below 3,
• stabilisation of cash flow at Group level.

Profits earned will be reinvested in growth and surplus funds will be managed efficiently through the debt and money markets.

Grenevia bases its strategy on proven operational competence, experience in the M&A area, management of synergies and process efficiency. A stable financial base and support from a strategic investor also remain among the key factors.