Orlen with over PLN 450 mln loan from BGK
16:52
Orlen Upstream Canada, a subsidiary of PKN Orlen borrowed 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.