20:24 17 February 2020
PKN Orlen announces expansion in Baltic States
Lithuanian company of the PKN Orlen Group, Orlen Lietuva will have at least 29 gas stations in Lithuania by the end of 2020, and within a few years, a network of 70-80 facilities in that country, announced Daniel Obajtek, CEO.
At the end of January this year, Orlen Lietuva launched the first new Orlen gas station in Lithuania in 12 years.
“Later this year we are planning to launch another three stations, and in addition, we have five places near Vilnius, prepared to start the investment process," Obajtek added.
PKN Orlen is also planning acquisitions and further development of the retail segment in the Baltic region. In terms of acquisition possibilities, the markets of Latvia and Estonia are observed.
(ISBnews)
