01.12.2010

ORLEN Deutschland Secures Approval

The German Federal Cartel Office has formally approved  ORLEN Deutschland's acquisition from OMV of 56 service stations located in Thuringia and Saxony.

The approval granted yesterday by the German Federal Cartel Office sealed the transaction executed two weeks ago between ORLEN Deutschland GmbH and OMV Deutschland GmbH. Thus, the German member of the ORLEN Group may commence the acquisition of the 56 service stations previously belonging to the OMV's network.

- The fact that we have obtained the approval in such a short time is good news for us. The completion of this stage of the transaction gives us green light to start preparing for the incorporation of the stations into the Star network - said Józef Niedworok, PhD, President of the Management Board of ORLEN Deutschland GmbH.

The rebranding of the stations will probably commence in Q1 2011. The completion of that process will depend on specific formal requirements to be met for each station.

Following the recent transaction with OMV Deutschland, the number of stations within the Star network will increase to 574, and ORLEN Deutschland will strengthen its foothold in Thuringia and Saxony, where the brand has not yet established significant presence.

ORLEN Deutschland GmbH
Since 2003, ORLEN Deutschland GmbH has operated a retail network, which currently comprises 518 service stations, mostly under the Star brand, located in northern Germany. The company, based in Elmshorn near Hamburg, Germany,  generated EUR 2.55bn in sales revenue for 2009.

ORLEN Deutschland is a member of the ORLEN Group. With EUR 15.7bn in sales revenue for 2009, PKN ORLEN ranks as the largest  company in Central and Eastern Europe. PKN ORLEN is listed on the Warsaw and London Stock Exchanges. It operates seven refineries in Poland, the Czech Republic and Lithuania.  The Company also operates nearly 2,600 service stations in such countries  as Poland, the Czech Republic, Germany and Lithuania. For further information on PKN ORLEN and ORLEN Deutschland, visit www.orlendeutschland.de and www.orlen.plwww.orlen.pl