Orlen's Turkish partner

Both companies have a 50 percent share in the consortium. "We place a lot of importance on the Tupras privatization, in line with our vision to be a strong regional player," the president of Orlen's management board, Igor Chalupec said.

Orlen said in a statement that the consortium with Zorlu significantly strengthens the company's  investment case:

"It not only reduces our financial commitment in this transaction, but it also brings us a partner who has significant expertise in Turkey and who has the ability to share management responsibilities and requirements." (Reuters)