Orlen will buy a network of 266 petrol stations in Austria

Energy giant Orlen signed an agreement with Doppler Beteiligungs GmbH to purchase 100% of the stake in Doppler Energie GmbH, the operator of the Austrian network of 266 petrol stations operating under the Turmöl brand. As a result, Orlen will be among the three largest fuel chains in Austria, holding a 10% retail market share. 

The group hopes to obtain the approval of the European Commission for the deal within a dozen weeks. The closing is planned for the turn of 2023 and 2024. Orlen CEO Daniel Obajtek refused to disclose the deal value.