Business Paid
Orlen takes over Norwegian firm for $455, plans more investments
18:37
Orlen acquired 100 percent in KUFPEC Norway, a gas extraction company, for $455 million. "We gain a stake in 11 concessions, five deposits; production in Norway will increase by over one billion cubic meters of gas," announced Orlen CEO Daniel Obajtek.
In the last 8 years, Orlen has invested PLN 94 billion in various projects and contributed PLN 296 billion in…
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