New beginning in Lithuania

In Vilnius, ORLEN Lietuva and the Lithuanian Railways signed an agreement ending long-running disputes between the companies. Wojciech Jasiński, President of the Management Board of PKN ORLEN, Saulius Skvernelis, Prime Minister of Lithuania, and Rokas Masiulis, Lithuanian Minister of Transport, were present at the event.

PKN ORLEN’s consolidated financial results for Q1 2017

​LIFO-based EBITDA reported by PKN ORLEN for Q1 2017 came in at PLN 2.3bn, up by almost PLN 400m year on year. The growth was driven mainly by a 4% year-on-year improvement in total sales volumes,...

PKN ORLEN with highest rating ever

Moody’s Investors Service has upgraded PKN ORLEN’s rating to Baa2 from Baa3. The outlook remains stable. Concurrently, the baseline credit assessment of PKN ORLEN has been upgraded to Baa3 from Ba1. The upgrade reflects mainly the company’s consistent effort to reduce its debt and keep all financial ratios at safe levels, benefiting from supportive macroeconomic environment.

PKN ORLEN’s consolidated financial results for Q4 2016

PKN ORLEN POSTS RECORD RESULTS. In 2016, PKN ORLEN posted record-high LIFO-based EBITDA of PLN 9.4bn before PLN 0.2bn impairment of assets, with all business segments contributing to a PLN 0.7bn...

PKN ORLEN’s consolidated financial results for Q3 2016

STABLE PERFORMANCE DESPITE CHALLENGING ENVIRONMENT AND MAINTENANCE LIMITATIONS. RECORD-BREAKING QUARTER FOR RETAIL. For Q3 2016, PKN ORLEN reported LIFO-based EBITDA of PLN 2.2bn, up PLN 200m yoy....

ORLEN Group 2015 Integrated Report now available online

The financial, production, human, intellectual, social and natural capitals form the basis for modern, non-standard presentation of the ORLEN Group’s operations in its 2015 Integrated Report, published today. Following very good reception of last year’s first edition of the Integrated Report, recognised in four categories of the Best Annual Report award, the scope of information reported this year was expanded to include non-financial activities of the ORLEN Group companies.

ORLEN eurobonds on Warsaw Stock Exchange

The largest issue of investment grade corporate eurobonds makes its debut today on the Catalyst markets of the Warsaw Stock Exchange. The securities were issued by ORLEN Capital AB, PKN ORLEN’s Swedish subsidiary, in June 2016. So far, they have been listed only on the Dublin stock exchange.

PKN ORLEN’s consolidated financial results for Q2 2016

PERFORMANCE UNDER PRESSURE FROM MACROECONOMIC ENVIRONMENT AND MAINTENANCE SHUTDOWNS In Q2 2016, PKN ORLEN reported LIFO-based EBITDA of PLN 2.6bn, despite a challenging macroeconomic environment and...

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%.