PKN Orlen aims to surprise the market with its new strategy for 2006-2009

According to the company's president, Igor Chalupec, the new forecasts will positively surprise the market. The old strategy, which was set a year earlier, saw EBITDA of zł.6 billion in 2009, while investments were to amount to zł.1.7 billion annually. In the first three quarters of 2005 Orlen's EBITDA stood at zł.3.7 billion. According to analysts, if the adjusted strategy is to positively surprise the market, it must include concrete information concerning the plans to seek and later exploit oil deposits. Analysts also expect to see increased planned investment outlays, as the president recently revealed that the sum can grow to zł.3.4 billion annually until 2009. Another issue that the experts hope to see is Orlen taking advantage of its pre-emptive right to acquire Polkomtel shares from TDC. (Parkiet, p. 1) A.K.