PKN ORLEN interested in AB Mazeikiu Nafta

Polski Koncern Naftowy ORLEN S.A. delivered an attractive offer of purchase of shares of AB Mažeikių Nafta

More

ON Bio 10 diesel nominated to the prestigious "Poland : Now" contest

The Polish Promotional Emblem Foundation Programme “Poland:Now” has nominated Rafineria Trzebinia’s diesel – ON Bio 10 – to the XVI “Poland:Now” contest. The nomination to Poland’s most prestigious prize highlights the success of the development strategy of this ORLEN Group company.

More

PKN ORLEN improves its ranking in the FORBES 2000

PKN ORLEN has been ranked 55th in the Oil & Gas category of the prestigious FORBES 2000, which classifies the world’s 2000 biggest companies. Over the last two years PKN ORLEN has improved its position in the general standings by 352 positions.

More

Changes in the Management Board

In connection with widening of Management Board competences, Supervisory Board of PKN ORLEN has dismissed, following its meeting on 31 March 2006, Mr. Dariusz Witkowski from the position of the Member of the PKN ORLEN Management Board with effect from 31 March 2006.

More

PKN ORLEN to regain retail market share

PKN ORLEN is pleased to announce that Europejski Fundusz Leasingowy (EFL) has joined the Company’s FLOTA scheme, which is aimed at business customers operating vehicle fleets and allows for the cash-free purchase of fuel and other selected products and services offered at ORLEN stations.

More

PKN ORLEN purchases shares of Polkomtel

PKN ORLEN together with three other Polish companies has signed an agreement concerning the purchase of Polkomtel’s shares, which are now owned by TDC Mobile International. After the agreement is executed total share of Polish companies in Polkomtel SA will rise from 61% to 75%. Signing the agreement will support further implementation of the announced withdrawal from investments in Polkomtel’s shares announced PKN ORLEN.

More

Record results for PKN ORLEN in 2005

Net profit in Q4 amounted to PLN 340 mn while EBITDA was PLN 1,027 mn. The Q4 results were affected by such factors as the setting up of a one-off reserve to cover the economic risk, restructuring, and a write-off relating to the updating of the value of liabilities in the amount of PLN 282 mn. Excluding those one-off write-offs, EBITDA would amount by PLN 1.3 billion, i.e. to a level above the average for 3 quarters of last year. The fourth quarter of 2005 (after the elimination of negative goodwill relating to the acquired assets of Unipetrol over the acquisition price in the amount of PLN 2,006 mn), yielded a consolidated net profit for PKN ORLEN of PLN 2,718 mn, i.e. an increase of almost 6 % over 2004. The net profit, including negative goodwill, was PLN 4,724 mn.

More

PKN ORLEN Sponsors A Piano For Rafal Blechacz

PKN ORLEN is proud to sponsor a personal Steinway piano for Rafal Blechacz - the winner of the XV International Frederic Chopin Piano Competition. On March 1st 2006 Rafal Blechacz will give a special concert in Warsaw to celebrate the 196th anniversary of the Chopin's birthday after which PKN ORLEN, the main sponsor of the event, will donate the artist a cheque for the instrument.

More

New managers in UNIPETROL and PKN ORLEN

PKN Orlen announces senior appointments to drive the further integration of Unipetrol and to strengthen the Group's upstream team.

More