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.

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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...

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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...

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‘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).

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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.

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PKN ORLEN moves a step closer to merger with LOTOS Group

PKN ORLEN has just filed a formal application for the European Commission’s approval of its proposed acquisition of LOTOS Group. The completion of the process would result in a single strong internally integrated entity with international potential, whose position in the oil supply market would be even more prominent.

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ORLEN Asfalt to help provide better quality roads

ORLEN Asfalt is committed to developing and implementing advanced technologies that help reduce construction costs and improve the durability of roads.

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Annual General Meeting of PKN ORLEN S.A.

The Annual General Meeting of PKN ORLEN has approved the distribution of PLN 3.5 per share in dividend, as recommended by the Management Board led by President Daniel Obajtek. The dividend payment date has been set for August 5th 2019.

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ORLEN Południe invests in green energy sources

​Following completion of a project worth close to PLN 80m, the Trzebinia CHP plant owned by ORLEN Południe will produce electricity and heat using natural gas as a ‘green’ fuel that will partly replace...

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