Locked content Salary increase for all PKN Orlen employees

PKN Orlen agreed to establish a PLN 200 salary increase for all its employees  from January 1; a PLN 100 increase for discretionary employees from April 1; and two premiums of PLN 1,500 in March and December for every worker in the company. PKN Orlen is the largest entity  in the refinery and petroc...

Locked content PKN Orlen board appoints new members

The supervisory board of PKN Orlen recalled Marek Podstawa from the management board and appointed  Mirosław Kochalski as board vice-president and Zbigniew Leszczyński as board member, the company announced on Tuesday. These changes mean that the management board of the largest state firm in Poland ...

Locked content PKN Orlen lands deals for PLN 7.9 bln

Poland’s refiner PKN Orlen has signed contracts valued at PLN 7.9 billion in total for delivery of crude oil and oil products in 2016. The deals were signed with Lukoil Polska, BP Europa SE and Shell, company press releases read. The deal with Shell is worth PLN 2.1 billion, the one with BP &#...

Poland begins work on merging fuel firms

The Minister of State Treasury announced on Monday that Poland has started analytical works on merging its fuel sector firms PKN Orlen, Lotos and PGNiG, the Polish Press Agency informed.

Locked content Orlen signs annex to lucrative deal

Poland’s largest refiner PKN orlen has signed an annex to a long-term deal with Rosneft Oil Company, a press release read. The agreement,  with an estimated maximum value in current market conditions of around PLN 26 billion, provides for the supply of between 18 million to 25.2 million metric...

PKN Orlen to work on biofuels

PKN Orlen will be growing algae at its production plant in Płock in order to work on biofuel manufacturing technology, a company press release read.

Locked content PKN Orlen CEO dissmissed

Jacek Krawiec, the head of Poland’s largest refiner PKN Orlen has been dismissed by the supervisory board on  Wednesday evening, a company press release read. Wojciech Jasiński was appointed new CEO. Krawiec was to put himself at the new Treasury Minister’s disposal right after the parli...

Locked content Orlen eyes Iran

Poland’s largest refiner, PKN Orlen is interested in investments in the Iranian oil sector in the event that economic sanctions imposed on the country are lifted, according to Shana press agency. At a conference, where conditions of new contracts for mining activity in Iran were presented, Jar...