Orlen consolidates its position on financial markets

Based on an in-depth analysis of the market and investor demand, PKN ORLEN has issued, through its subsidiary ORLEN Capital AB, EUR 750m of eurobonds, paying interest at an annual rate of 2.5%.

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PKN ORLEN signs first long-term contract with Saudi Aramco

PKN ORLEN has signed a contract with Saudi Aramco for the supply of ca. 200 thousand tonnes of crude oil monthly to its refineries.

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PKN ORLEN’s consolidated financial results for Q1 2016

​After the first quarter of 2016, PKN ORLEN reported a solid LIFO-based EBITDA of PLN 1.9bn, comparable to results gained in the corresponding period last year. The result was largely driven by reduced...

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Best concepts from across the globe to support innovation at PKN ORLEN

PKN ORLEN has announced the winners of its crowdsourcing contest, the first global project of that scale launched by a Polish company. From among proposals submitted by companies, universities and research centres from all over the world, the best three solutions were selected. The winners are from Poland, India and Germany. The winners each received prizes of EUR 10,000 and were invited to discuss further cooperation with PKN ORLEN. In accordance with the objectives of the contest, the selected concepts are to improve the energy efficiency of production processes at the PKN ORLEN refinery.

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The ORLEN Group carries out successful negotiations in the Czech Republic

Unipetrol, PKN ORLEN’s subsidiary, has reached an agreement with Czech pipeline operator Mero on new charges for pipeline transmission of crude oil. The contract has an estimated annual value of over one billion crowns and is effective as of April 1st 2016. The new tariffs ensure more favourable and flexible terms for Unipetrol.

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Ethics and business standards criteria for selecting ORLEN suppliers

PKN ORLEN aim is to support Suppliers in implementing and maintaining best market practices based on the awareness of responsible business and sustainable development. ORLEN has formulated a Supplier Code of Conduct that since April this year will be mandatory criteria for qualification of contractors. The Code presents principles for cooperation with suppliers based on ethical standards, applicable law and the highest business standards in respecting the environment.

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ORLEN again among the world’s most ethical companies

For the third year running, PKN ORLEN has been awarded the prestigious title of The World’s Most Ethical Company by an international panel of experts at the US Ethisphere Institute. The title has...

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ORLEN - logistics 2.0

Digital, automatic access path to fuel loading and wagons under special supervision - in an effort to further streamline logistics processes, PKN ORLEN has launched a pilot CCTV scheme and adopted RFID (Radio Frequency IDentification) technology to track rail wagons. The new solutions have already improved logistic efficiency and security.

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PKN ORLEN’s crowdsourcing project enters the final stage

PKN ORLEN has selected six solutions best designed to improve the refinery’s energy efficiency. The select group of finalists includes contestants from Poland, Great Britain, France, Germany, United States, and India.

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