A collection of 8 posts
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the region’s top 500, according to Coface’s 2024 CEE Top 500 ranking. Sector shifts, new entrants make top 500 Polish energy giant PKN Orlen topped Coface’s Top 500
Poland’s strategic energy giant PKN Orlen has signed a five-year exclusive deal with Lithuanian energy terminal operator KN Energies to up the supply of liquefied natural gas (LNG) to north-east Poland and the Baltic countries. Under the deal, effective until the end of March 2030, Orlen will have sole
Companies and foundations that held close ties to the right-wing populist and national-conservative Law and Justice party (PiS) government that ruled Poland from 2017-23 are refusing to cooperate with the requests of authorities. Since taking power last month, Polish Prime Minister Donald Tusk has not shied away from the ‘de-PiS-ification’
Poland’s state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is struggling to find alternative supplies for its Czech refinery and is losing millions of dollars every day, Polish daily Gazeta Wyborcza reports. PKN Orlen CEO Daniel Obajtek told
Polish energy giant Orlen announced the completion on Friday 7 April of the process of implementing remedies, and Lotos Terminale finally becoming the property of fuel importer Unimot. The sale was the last stage in the implementation of conditions set by the European Commission (EC) for merging Orlen with Lotos,
Orlen Unipetrol, owned by Poland’s leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia, the Budapest Stock Exchange announced on Thursday, 1 November. The regional shake-up of retail fuel operators involves all of the Visegrad Four (V4) countries, Poland, Czechia, Hungary
PKN Orlen will establish nine hydrogen hubs for the production of low carbon fuel to be distributed around Poland, Czechia and Slovakia, the company announced. Poland’s strategic energy giant also plans to set up a network of 102 hydrogen refuelling stations in the three Central European markets as part
Polish oil and gas firm PKN Orlen will sell refinery assets to Saudi Aramco and swap petrol stations with Hungarian energy company MOL to clear the way for a takeover of Grupa Lotos, it announced Wednesday. Saudi Aramco will pay USD 255 million for a 30% stake in Lotos’ refinery