Good results and 'safe hands' prompt record Orlen price
The strong stock value reflected good Q2 results which were due largely to high refinery margins. During yesterday's meeting of the Sejm Treasury Committee the Treasury Minister Jacek Socha emphasized that some investors might be buying Orlen's stocks because control over the company now lies with the Treasury Ministry (MSP). Socha was also in favor of acting according to the contracts signed with former Orlen presidents Wróbel and Walczykowski, even if their value was shocking. Today a meeting of Orlen's supervisory board takes place to discuss the procedure for selecting a new president to replace Janusz Wiśniewski. (Parkiet, p. 3) A.F.