PKN ORLEN interested in Tupras privatisation process

Following the announcement earlier today by the Privatisation Administration of the names of bidders pre-qualified to pursue a potential acquisition of the Turkish State’s remaining 51% interest in Tupras, PKN ORLEN confirms its interest to participate in the sale process.

In line with its previously announced strategy, PKN ORLEN continues to evaluate external strategic growth opportunities that it believes are consistent with its goal of further establishing its position as a leading refiner and marketer of petroleum products in the Central and Eastern European region.

As with all investment decisions taken by the Company, PKN ORLEN will continue to apply rigorous investment criteria in evaluating all new opportunities and pursue only those that it believes will create shareholder value for the company across the business cycle.