Fuelling expansion
Looking at the numbers, PKN Orlen's acquisition of 494 BP-owned filling stations in Germany apparently makes sound business sense. To say the deal was a bargain for Orlen may be going too far, but analysts described the €140 million price as reasonable for the highly competitive German market. And herein lies the rub: how will Orlen fare as an unknown name in an unaccustomed - and highly competitive - market?