IRL Polska Sp. z o.o. was established in September 2012. The company is a subsidiary of INTER RAO Lietuva—the active player at the markets of the Baltic States, Estonia, Latvia, Lithuania and Poland. The Group actively develops its trade relations with partners in the Baltic and Scandinavian countries, Russian and Belarusian energy companies, large-scale electricity consumers and business customers.
In 2013, the authorized capital of the company-owned subsidiary IRL Polska was increased from PLN 2 million to PLN 10 million.
On 9 January 2014, IRL Polska has been granted the license to trade in electricity in Poland.
For the moment, the IRL Polska sells the electricity acquired in Poland and seeks to establish itself in the market of the future trading transactions.
In a long run, the company is going to expand the range of services and start supplying electricity to retail consumers.