PRESS RELEASE
04.07.2023
ORLEN will appear in Austria
ORLEN is swiftly and effectively capitalizing on the benefits of the merger with Grupa LOTOS and PGNiG. The mergers have substantially bolstered the Group's development and investment capabilities. A prime example is the forthcoming acquisition of 266 fuel stations in Austria, operating under the Turmöl brand. Upon the closing of the transaction, ORLEN will rank among the top three fuel networks in Austria, holding a 10% retail market share. Thanks to this dynamic expansion, ORLEN customers will have access to a robust and modern network of more than 3,400 fuel stations across seven Central European countries. ORLEN's strengthening presence in Central Europe, enabled in part through fuel station acquisitions, has been made possible by effectively leveraging the company's enhanced capabilities following the merger with Grupa LOTOS and PGNiG. The combined synergies and benefits unleashed by ORLEN's acquisition of these two companies are projected to exceed PLN 20 billion by 2032, twice the amount originally estimated before the two mergers were finalized.
More