EC agrees for Orlen to acquire 266 gas stations in Austria
13:46
The European Commission has approved Orlen's acquisition of 266 fuel stations in Austria, according to a press release by Orlen. Upon finalization, this marks Orlen's entry into its seventh European retail market. The transaction aligns with nearly 97% of Orlen's strategic goals for station numbers by 2030. As a result, Orlen will become one of the top three fuel networks in Austria, holding around 10% market share.
The conditional agreement with Doppler Group was made in early July, and the European Commission's approval positions Orlen to acquire 100% of shares in Doppler Energie, the operator of the Austrian network branded as Turmöl.
Source: strefainwestorow.pl