What Mo-BRUK does

Mo-BRUK S.A. (Warsaw Stock Exchange: MBR) is Poland's leading industrial waste processing company, operating a network of six licensed facilities (Niecew, Skarbimierz, Karsy, Jedlicze, Bydgoszcz, Gdańsk) capable of processing the majority of industrial waste types generated in Poland. Founded in 1985 by Józef Mokrzycki, the company generated 319.9 million PLN in revenue in 2025 (a record, up 13% year-over-year) by providing three core processing technologies: thermal incineration of hazardous and medical waste, solidification and stabilization of inorganic hazardous waste, and production of Refuse-Derived Fuel (RDF). It holds a Polish Patent Office patent (granted 2014) for producing synthetic aggregate (cement granulate) from industrial waste, deployed at the Niecew and Skarbimierz plants and licensed for use at El-Kajo's Bydgoszcz facility. Specialized services include ecological bomb remediation — removal of illegally deposited hazardous waste sites — funded via public procurement and National Fund for Environmental Protection (NFOŚiGW) grants.

The company makes money through per-ton waste processing fees for industrial manufacturers (chemical, petrochemical, pharmaceutical, energy, railway clients including PKP, PGNiG, Synthos), high-margin public tender contracts for ecological bomb remediation (53.2M PLN in 2025, with a 127M PLN backlog for 2026), RDF sales to power plants and cement facilities (export-approved to Ukraine, Sweden, and EU energy companies), and synthetic aggregate sales to road construction. Subsidiary operations include Raf-Ekologia (hazardous incineration, Jedlicze), El-Kajo (220,000 tons/year Bydgoszcz plant, acquired 2023 for 29M PLN), Eco Point PSA (maritime/port waste, acquired 2025 for 46M PLN), and Polskie Materiały Drogowe. Distribution runs through regional sales managers covering all 16 Polish voivodeships, a dedicated tender team for public procurement, and a Key Account/Customer Service Office for recurring industrial clients. Go-to-market includes active participation in investor conferences (WallStreet, Kongres 590) and ESG-focused events, supported by mWIG40 index membership (since March 2022) and GRI-compliant ESG reporting.

Name

Mo-BRUK

Legal name

Mo-BRUK Spółka Akcyjna

Website

https://mobruk.pl

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

251–500 employees

Short description

Mo-BRUK S.A. is Poland's leading industrial waste processing company, operating six licensed facilities that provide hazardous waste incineration, solidification and stabilization, RDF production, and ecological bomb remediation to industrial manufacturers and municipalities under a Warsaw Stock Exchange listing.

Ownership category

akta.pro rank

Product category

Industrial Waste Management Services

NAICS

Hazardous Waste Treatment and Disposal (562211), Waste Treatment and Disposal (5622), Waste Treatment and Disposal (56221), Waste Collection (56211), Waste Collection (5621), Other Waste Collection (562119)

SIC

Hazardous Waste Management (4955), Refuse Systems (4953), Sanitary Services (4950)

akta.pro primary industry

Industrial Hazardous Waste Services (Manufacturing, Refineries, Metals, Automotive) (EUAIAFAG)

akta.pro secondary industries

Industrial Packaging Waste Services (Pallets, Cardboard, Film, IBCs/Drums—Non-hazardous) (EUAIAGAD), Emergency Waste Packaging, Transportation & Disposal (Post-incident) (EUAIAMAH), Household Hazardous Waste (HHW) & Universal Waste Sorting Facilities (EUAIADAK), Hazardous Waste & Universal Waste Handling (Batteries, Lamps, Aerosols) (BPABALAE), Waste-to-Energy CHP (Municipal/Industrial Waste Incineration) (EUACAKAC)

Keywords

• Industrial waste processing
• Hazardous waste incineration
• Refuse derived fuel
• Ecological bomb remediation
• Synthetic aggregate production

Headquarters

HQ city

Korzenna

HQ country

Poland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Waste Treatment and Processing Fees: Core revenue from processing industrial hazardous and non-hazardous waste for manufacturing companies and municipalities. Fees charged per ton of waste accepted for incineration, solidification, stabilization, or RDF production. Revenue segmented by: incineration (129.3 mln zł in 2025), solidification and stabilization (96.1 mln zł in 2025), RDF/alternative fuels (61.5 mln zł in 2025).
2. Ecological Bomb Remediation Contracts: High-margin public procurement contracts for neutralizing illegal hazardous waste deposits (ecological bombs), financed by municipalities and NFOŚiGW. Single contract values range from several to dozens of million zł. Revenue from ecological bombs was 53.2 mln zł in 2025, with a pipeline of 127 mln zł for 2026.
3. Alternative Fuels (RDF) Sales: Production and sale of Refuse Derived Fuel (RDF) to energy companies and cement plants. Mo-BRUK has received export approvals for RDF to Ukraine (up to 10,000 tons) and cooperates with German and other EU energy facilities.
4. Synthetic Aggregate / Cement Granulate Sales: Sale of cement granulate produced from processed industrial waste (slags, ashes, dusts) as artificial aggregate for road construction and land reclamation projects.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Mo-BRUK operates Poland's leading industrial waste processing platform, delivering comprehensive services that cover the full waste management lifecycle — from consulting and collection through transport, processing, and issuance of recovery/recycling certificates. Its three core processing technologies are incineration (thermal destruction of hazardous, medical, and industrial waste), solidification and stabilization of inorganic hazardous and non-hazardous waste, and production of Refuse Derived Fuel (RDF) as alternative fuel for energy and cement companies.

Product overview

Mo-BRUK operates as a comprehensive industrial waste management platform offering multiple integrated processing services under a single umbrella. The core portfolio consists of three main processing technologies: thermal destruction/combustion (incineration of hazardous, medical, and industrial waste at dedicated facilities), solidification and stabilization of inorganic hazardous and non-hazardous waste (converting waste into stable forms), and alternative fuel (RDF) production from combustible waste fractions. Beyond these core services, Mo-BRUK provides specialized ecological bomb neutralization (removal and treatment of illegal hazardous waste deposits via public procurement), synthetic aggregate production using a proprietary patented method (cement granulate for road construction and land remediation), and laboratory R&D testing services. The company operates a network of owned and acquired processing facilities across southern and northern Poland (Niecew, Skarbimierz, Karsy, Jedlicze, El-Kajo in Bydgoszcz, Eco Point in Gdańsk), supported by its own B+R laboratory and accredited testing capabilities. The platform also expanded in 2025 into oils and oily waters processing through the Eco Point acquisition, adding a new revenue segment. Mo-BRUK also offers its own subsidiary brands including El-Kajo and Eco Point PSA as part of its integrated waste management ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Raf-Ekologia: Subsidiary operating hazardous waste incinerator in Jedlicze
• El-Kajo
• Eco Point PSA
• Polskie Materiały Drogowe

Products and services

• Industrial Waste Processing Services Comprehensive reception, transport, processing, and certification services for industrial waste streams (hazardous, non-hazardous, and selected municipal fractions), serving manufacturing companies and industrial plants. Covers the full waste management lifecycle including consulting, collection, transport, processing, and issuance of recovery/recycling certificates.
• Hazardous Waste Incineration Thermal destruction of hazardous, medical, and industrial waste through combustion at dedicated incineration facilities. Karsy industrial waste incinerator has 305,000 tons/year processing capacity with thermal conversion modernization completed July 2024; Jedlicze (Raf-Ekologia) handles hazardous/medical waste at 10,000 tons/year capacity (planned expansion to 16,000 tons/year) with on-site energy recovery turbine.
• Refuse Derived Fuel (RDF) Production and Sales Production of Refuse Derived Fuel (RDF) from combustible industrial and municipal waste fractions, supplied to power plants, combined heat and power plants, cement kilns, and municipal heating facilities in Poland, Ukraine, Germany, and other EU energy facilities as an alternative energy source.
• Solidification and Stabilization of Inorganic Waste Treatment of inorganic hazardous and non-hazardous waste through solidification and stabilization processes, converting waste into stable forms suitable for disposal or reuse. Operated at Niecwi (100,000 tons/year; expansion to 336,000 tons/year), Skarbimierz (70,000 tons/year; full capacity 140,000 tons/year pending permits), and El-Kajo Bydgoszcz (220,000 tons/year per integrated permit).
• Ecological Bomb Neutralization Specialized removal and treatment of illegally deposited hazardous waste sites (known as 'ecological bombs'), funded via public procurement and National Fund for Environmental Protection (NFOŚiGW) grants. Services cover full lifecycle management from environmental assessment through processing. Single contract values range from several to over 75 mln PLN (e.g., Gorlice 75.2 mln PLN, Częstochowa 33 mln PLN).
• Synthetic Aggregate (Cement Granulate) Production and sale of artificial construction aggregate (cement granulate) from processed industrial waste using a proprietary patented method. Used in road construction and remediation of degraded areas. Sold to construction and infrastructure projects.
• Laboratory Research and Testing Services

Quantifiable outcome

• 323,500 tons of waste processed in 2024, 361,300 tons in 2025 (+12% YoY)
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and major.

• Eco Point PSAcoreStrategic or Co-development Partner · 1 January 2025Mo-BRUK acquired 100% of Eco Point PSA (Gdańsk) for 46 mln zł in 2025, expanding into port and maritime waste processing. Eco Point PSA handles hazardous and non-hazardous waste from port services, shipbuilding and industry. Also acquired 100% of Organizacja Odzysku Eco Point for 1.05 mln zł. Eco Point had 25 mln zł revenue and 11+ mln zł EBITDA in 2024.
• Miejskie Przedsiębiorstwo Oczyszczania m.st. Warszawy (MPO Warsaw)majorChannel Partner/ Reseller/ Distributor · 1 December 2023Waste management services contract signed with MPO Warsaw with maximum total value of 81.5 mln zł brutto (December 2023).
• Paprec Energies GdańskmajorChannel Partner/ Reseller/ Distributor · 1 December 2023Waste management and RDF offtake partnership under 81.5 mln zł brutto contract signed December 2023 alongside MPO Warsaw.
• El-Kajo (and Polskie Materiały Drogowe)coreStrategic or Co-development Partner · 1 November 2023Mo-BRUK acquired 95% of El-Kajo for 29 mln zł (November 2023) and 100% of Polskie Materiały Drogowe for 5,000 zł. El-Kajo operates a modern Bydgoszcz facility for processing solid waste (slags, ashes, dusts up to 220,000 tons/year) and concrete prefab production. Sellers entitled to earn-out of up to 34.175 mln zł based on 5.5x EBITDA multiplier for 2024-2025 results.
• AB IndustrycoreImplementation/ SI/ Consulting Partner · 1 January 2022Contract signed in 2022 worth 134 mln zł for general contracting of thermal waste conversion installation modernization at the Karsy plant. Work completed by end of July 2024.

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Emerging players

• Casella Waste Systems: US-based solid waste, recycling, and resource management company with industrial waste services segment. Comparable business model combining waste processing and material recovery, though operating at different scale and regulatory environment than Mo-BRUK.

Broad incumbents

• Clean Harbors: North America's largest hazardous waste management company offering industrial waste processing, incineration, and environmental services. Comparable to Mo-BRUK in its focus on hazardous waste handling and treatment, though operating at much larger scale across multiple geographies.
• Veolia Environnement: Global environmental services giant with substantial hazardous and industrial waste operations across Europe including Poland. Comparable in offering comprehensive industrial waste processing and recycling services, though much larger scale and broader service portfolio than Mo-BRUK's focused offering.
• Stericycle: Specialized waste services company focused on regulated waste streams including medical and hazardous waste. Comparable to Mo-BRUK's Raf-Ekologia subsidiary operations in medical waste incineration, though Stericycle operates as a global player across multiple regulated waste verticals.
• Remondis: One of Europe's largest waste management companies, with significant operations in industrial and hazardous waste processing across Germany, Poland, and other markets. Directly comparable to Mo-BRUK in offering comprehensive waste processing services to industrial clients and municipalities.

Regional players

• Tonsmeir Group: Polish waste management company providing hazardous and non-hazardous waste services to industrial clients across multiple Polish regions. Comparable to Mo-BRUK in serving industrial manufacturers with specialized waste processing requirements.
• ALBA Wrocław: Polish recycling and waste management company operating in industrial and municipal waste streams. Comparable to Mo-BRUK's Wałbrzych recycling operations, though focused on recyclable materials recovery rather than hazardous waste processing.
• Grupa Proeko (Econatura): Polish environmental services company providing waste collection, hazardous waste management, and environmental remediation services. Comparable to Mo-BRUK in serving industrial clients with hazardous waste processing needs and offering ecological remediation services in Poland.
• Eneris Group (Poland): Polish environmental services company providing industrial waste management, hazardous waste processing, and environmental consulting services. Comparable to Mo-BRUK in targeting industrial manufacturers and operating within Polish regulatory framework for waste processing.
• FBSerwis (NOVAGO Group): Polish waste management company offering hazardous and non-hazardous waste services including collection, processing, and disposal across Polish markets. Directly comparable to Mo-BRUK in geographic focus and industrial waste service portfolio, though less concentrated in ecological bomb remediation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights8 records

Customer concentration

• YouTubeyoutube.com/watch?v=EuplmvGCEJs

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mo-BRUK