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BP confirms expansion plans in Poland despite cutbacks

15:18

BP, which announced plans to release four thousand workers around the globe within the next two years, will expand its operations in Poland. Piotr Pyrich, the head of BP in Poland, stated that the reductions will take place in the sector of oil extraction, which is not present in Poland.  The job cuts are a reaction to the continued fall in the global price of oil.  Pyrich noted that Poland's continued economic growth is compelling the oil giant to maintain the growth of operations in the country; he added that the company aims to keep opening tens of new gas stations and investing around PLN 100 million each year. Doing so will allow BP to maintain its position as the second largest gas station network after Orlen. In December 2015,  the company opened its 500th station in Poland. Pyrich declared that plans call for BP's growth to be organic and based on expansion of its own objects, but did not rule out taking over smaller enterprises if the right offer appeared. Pyrich also added that BP will be expanding its jet fuel sale business in a joint venture with Lotos. The company delivers fuel to airports in Warsaw, Gdansk, Katowice and Lublin.    

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