PKN Orlen
From Wikicompany
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PKN Orlen SA
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Contacts |
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| Web: | http://www.orlen.pl |
| Email: | . |
| Phone: | +48 24 365 00 00 |
| Fax: | +48 24 365 40 40 |
| Address: | ul. Chemikow 7, 09 - 411 Plock, Poland |
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Relations |
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| Parents: | Nafta Polska (17.32%), Polish state (10.20%), Bank of New York (12.28%), Fidelity Int (5.01%), other stockholders (55.19%) |
| Subsidiaries: | * Basell Orlen Polyolefins, Orlen, Petrochemia Plock, PetroProfit, PetroZachod, Arge, UniPetrol, Benzina, Solino, Anwil |
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| Links: | ♥ |
| Web: | google, yahoo |
| Stock: | WSE: |
| Financial: | google-finance, yahoo-finance |
| News: | google, yahoo, indymedia |
| Blogs: | technorati, feedster, google |
| Articles: | google, del.icio.us, digg |
| Photos: | google, yahoo, flickr, yotophoto, wikimedia |
| Audio: | feedster, potkast, podscope, podzinger, yahoo, altavista |
| Video: | google, yahoo, youtube |
| Jobs: | monster, indeed, |
| Products: | froogle, google-base, yahoo, become, amazon, ebay |
PKN Orlen SA (or Polski Koncern Naftowy Orlen SA, Grupa Orlen, PKN Orlen Group) is the largest refiner of crude oil in Central Europe. PKN Orlen is Poland's largest and most internationally recognized company.
PKN Orlen is the largest petroleum retailer in all of Poland with over 2000 stations.
The company also has significant investment abroad with a chain of 500 stations in Germany and a majority stake in UniPetrol, a Czech refiner.
The company has sales worth 4.41 Billion USD annually and a market value of 3.08 USD.
Subsidiaries
- Basell Orlen Polyolefins - Plastics and sythetic materials
- Orlen - Polish & German market petrol station brand
- Petrochemia Plock - Polish market brand
- PetroProfit - Polish Market Brand
- PetroZachod - Polish Market Brand
- Arge - Polish Market Brand
- UniPetrol - Czech national petrol firm
- Benzina - Unipetrol retail chain
- Solino - Industrial brine manufacturer
- Anwil - Polish Chemical Firm
History
The company was established through the merger of Poland's two communist oil monopolies.
PKN Orlen has its roots in the creation of C.P.N., Communist Poland's petroleum retail monopoly in 1944.
In the 1950's the second block of PKN Orlen was formed, Polski Koncern Naftowy (PKN). PKN was the state firm in charge of refineries in Plock, a city near Warsaw, that grew to become the largest complex of its kind in Poland.
In 1999 both companies were semi-privatized and merged to create a retail and refining company under the name PKN Orlen.
Future
PKN Orlen has been involved in talks with MOL, a Hungarian Oil Company. If merged the two firms would create an international giant, and dominate Central Europe's oil industry. However as of January 2005 the planned merger looks increasingly unlikely because of its high politicalization. PKN under a joint venture with Swiss firm Bassel owns also Poland's largest plastic company.
External links
- Bassel Orlen- Official Website of Bassel Orlen
- Unipetrol- Official Site of Unipetrol
- Benzina- Czech retail chain site
News
- PKN Orlen to sell 480 service stations in Germany. - Analytical Information Agency
- PKN Orlen and KGHM help indices up while banks drag them down - Puls Biznesu
- PKN Orlen wants to privatize instead of PCC - Puls Biznesu
- Lithuanian PM says he does not want PKN Orlen to buy the Mozejki ... - Warsaw Business Journal (subscription)
- Polish shares close higher in rebound led by PKN Orlen - Forbes
- PKN Orlen pulls out of contracts with Agrofert on Unipetrol sale - Prague Daily Monitor
- Lack of Gov't Support May Cost PKN Orlen Chance to Win Mazeikiu ... - TMCnet
- Gas stations file a suit against PKN Orlen - Puls Biznesu
- Citigroup Downgrades PKN Orlen Target Price - New Ratings
- EARNINGS PREVIEW: PKN Orlen Eyes 4Q Net Pft -6% On Yr - New Ratings
- ... more news
Blogs
- Stocks report: PKN drags the market down
- Polish copper producer KGHM seen taking mobile stake
- Lithuania Shoots Down PKN Orlen Hopes for Mazeikiu Nafta
- Poland mulls sale of Tarnow, ZAK to PKN Orlen
- PKN Orlen wants to privatize instead of PCC
- PKN Orlen and KGHM help indices up while banks drag them down
- Polish govt urged to retain its stake in PKN Orlen
- Polish top refiners raise wholesale prices in week ending March 10;further increases expected
- Polish shares close lower on commodity stocks
- PKN Orlen and KGHM help indices up while banks drag them down
