Orlen plans expansion abroad; mulls entering Austria or Switzerland

Polish refinery giant PKN Orlen wants to develop its gas station chain in Germany and the Czech Republic. The company is also considering entering the Austrian or the Swiss market through takeovers, said Jacek Krawiec, CEO of the company. "When thinking about entering additional markets, we may consider takeovers in Austria or Switzerland, as these are the countries neighboring the markets we are already present in, however, we are currently not in talks on that matter," Krawiec told Polish daily Rzeczpospolita. He stressed that the opportunities of takeovers in attractive markets, particularly in Germany, are limited. Instead, Orlen will develop its own chain of gas stations in Germany and the Czech Republic.