PKN Orlen supervisory board accepts expansion plan

The supervisory board of oil concern PKN Orlen was yesterday presented with new concepts concerning further development of the company in the region. T he company, headed by Zbigniew Wróbel, will attempt to become the initiator of the consolidation process in Central and Eastern Europe. "The companies which will start operating first will have an advantage over the rest. I wa nt PKN to be the frontrunner," said Wróbel, adding that the company's curre nt best potential partner is Hungarian state oil concern MOL. Wróbel announ ced plans to turn to the state in search for help if government to governme nt talks over the expansion plans begin. "We have saved money for a potenti al quick privatization of Rafineria Gdańska. Because this process is postpo ned we are prepared to take quick action elsewhere," said Wróbel. The super visory board accepted all assumptions of the development strategy presented to it by the management board. (Parkiet, p. 1) A.K.