Orlen with nearly PLN 500 mln loan from BGK

Orlen Upstream Canada, a subsidiary of PKN Orlen lent PLN 453 million from state-owned Bank Gospodarstwa Krajowego, the ISBnews agency reported on Monday. The short-term loan is to finance  the firm's expansion in Canada as well as its current economic activity. Orlen Upstream was established in 2006 in order to explore and extract crude oil and natural gas.