LGES Poland plant nears breakeven as utilization rebounds

LG Energy Solution (LGES)'s Wroclaw plant in Poland, long viewed as a major drag on the business, is nearing profitability after posting an operating loss of nearly KRW600 billion (approximately US$430 million) in 2025. A surge in European EV demand and the early conversion of some production lines to energy storage system (ESS) applications have lifted utilization, putting the plant on track to return to profit in the fourth quarter of 2026.