EC's clearance for acquisition of Mazeikiu Nafta

European Commission (European Commission Directorate General for Competition) has agreed to the purchase of a controlling stake in AB Mazeikiu Nafta by PKN ORLEN from Yukos International UK. B.V. and Lithuanian Government.

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PKN ORLEN denies speculations on Mazeikiu Nafta

PKN ORLEN categorically denies speculation that any depreciation of the Mazeiku Nafta (MN) asset value is in the Polish company’s interest. PKN ORLEN wishes to stress that the investment in MN is the biggest in the history of the Polish economy and it is in PKN ORLEN’s interest to build up the value of the transaction. Therefore, speculation on PKN ORLEN’s alleged co-operation with the MN managers to undermine the company’s value are absurd and baseless.

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Agreement over IPO of Polkomtel

PKN ORLEN has entered into an agreement with KGHM S.A. and PSE S.A. over the simultaneous sale of their respective stakes in Polkomtel through an Initial Public Offering of shares by not later than 30 September 2005. This shall be undertaken in compliance with the law and internal regulations of the three companies. PKN ORLEN’s holding in Polkomtel equals 19.61 per cent.

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DKV / ORLEN fuel card launched

A new, combined DKV/ORLEN fuel card was introduced to the market only two months ago but it has already proved very popular among Polish and international drivers. This dual-system card allows to gain access to non-cash purchases across the continent's largest service network. PKN ORLEN’s official marketing campaign, which is starting today, is aimed at attracting further corporate clients to the scheme.

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PKN ORLEN and MOL joint statement on cooperation discussions

Joint statement by PKN ORLEN and MOL on the progress of their cooperation discussions

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PKN ORLEN among partners of European Economic Summit in Warsaw

PKN ORLEN among partners of European Economic Summit in Warsaw To mark Poland’s role in the European integration process on 28 – 30 April, Warsaw will host the European Economic Summit held under the theme “Europe: Enlargement and Beyond” and organized by World Economic Forum.

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PKN ORLEN wins bid for Unipetrol

PKN ORLEN's bid for a 62.99% stake in Unipetrol a.s. ('Unipetrol') has won approval from the Czech Government. Poland's largest downstream oil company, will also acquire a 9.76% stake in Spolana, a.s., as well as receivables towards some of the companies of Unipetrol Group owned by Ceska konsolidacni agentura (“CKA”). The transaction is expected to be completed by the end of 3Q 2004.

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ORLEN Deutschland HQ to stay in Hamburg - Elmshorn

ORLEN Deutschland would like to stress that it has no plans to move its headquarters from Hamburg - Elmshorn.

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PKN ORLEN in Forbes' 2000 World's Leading Companies

PKN ORLEN in Forbes' 2000 World’s Leading Companies PKN ORLEN was ranked 1,073rd out of the World's 2000 Leading Companies, based on overall sales, profits, assets and market value in Forbes Magazine, April 2004 issue. The list ranks the world's biggest and most powerful companies, spanning 51 countries and 27 industries.

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