The Commission's in depth analysis concerning ORLEN/LOTOS merger continues

​As a matter of customary practice, the Commission has issued a standard ‘stop the clock’ decision for the second phase of its evaluation, so that PKN ORLEN has more time to gather additional information requested by the Commission. The ‘stop the clock’ procedure is now commonly used by the Commission for the purpose of in-depth investigations, especially into complex acquisitions, so that the Commission can take a well informed decision.

PKN ORLEN to continue supporting Robert Kubica and remains in Formula 1 next season

Following Robert Kubica’s termination of his contract with ROKiT Williams Racing, PKN ORLEN – as declared earlier – will also terminate its sponsorship of the team after this season’s end. However, PKN ORLEN will continue to partner with Robert Kubica and will also maintain its presence in Formula 1, building the brand’s global recognition.

ORLEN Group builds retail network on Slovak market

​The ORLEN Group is set to launch seven new service stations in Slovakia, as a next step towards expanding its business presence on the Slovak market, where the Company already enjoys a place among...

Another major milestone towards acquisition of LOTOS Group by PKN ORLEN

​PKN ORLEN has signed a memorandum of understanding with the Polish State Treasury and Lotos Group concerning its intended acquisition of a controlling stake in the Gdańsk-based company. It represents...

PKN ORLEN’s consolidated financial results for Q2 2019

STRONG PERFORMANCE DELIVERED IN A CHALLENGING MACRO ENVIRONMENT. In the second quarter of 2019, PKN ORLEN earned LIFO-based EBITDA of PLN 2.7bn, an increase of more than PLN 600m y/y. Earnings improved...

‘Together We Fuel Polish Agriculture’ enters next stage

​ORLEN Paliwa, an ORLEN Group company, has signed a cooperation agreement with Green Lab Sp. z o.o. that will help secure diesel supplies for companies of the National Support Centre for Agriculture (KOWR).

PKN ORLEN to support local community initiatives under ‘My Place on Earth’ programme

​The ORLEN GIFT FROM THE HEART Foundation has invited applications for the second edition of ‘My Place on Earth’, a programme designed with local communities in mind. Applications for grants supporting community initiatives may be submitted by NGOs and local government institutions from all over Poland by September 9th 2019. The amount allocated this year for what is PKN ORLEN’s largest grant scheme is PLN 2m.

PKN ORLEN to partner with PZU Group in setting up PPK

​PKN ORLEN has signed an Employee Capital Plan (PPK) management agreement with PZU that will give several thousand employees of Central and Eastern Europe’s largest business organisation an opportunity to save for their retirement in a PPK scheme run by a leading financial group in this part of Europe.

ORLEN Group invests in rail freight development

​The ORLEN Group is to add new rail tank cars to its fleet that will be used to carry refinery and petrochemical products. The purpose of the ongoing procurement procedure for 2,000 cars is to meet the requirements of current and future logistics operations.