Deputy president of NP appointed president of PKN Orlen

Jacek Walczykowski has been made the new president of oil giant PKN Orlen. His appointment came after a marathon-long debate by the company's supervisory board. Walczykowski until now was the deputy president of Nafta Polska, the state agency responsible for privatizing the oil sector and is considered to be close to one of the richest men in Poland, Jan Kulczyk, who holds a significant stake in Orlen. It is rumored that Walczykowski candidacy was first proposed by Kulczyk Holding president Jan Waga, who is also the chairman of Orlen's supervisory board. The State Treasury issued a statement which is critical of the appointment and suggests that Gdańsk Refinery president Paweł Olechnowicz was the Treasury's favorite for the job. Walczykowski declared he would continue all the worthwhile projects of the previous president, such as those associated with the recent acquisition of Czech Unipetrol and the plan to increase the number of Orlen petrol stations in Germany. (Puls Biznesu, p. 4) T.J.