Poland's largest fuel company PKN Orlen has signed a letter of intent with the State Treasury to gain control over the country's gas monopolist PGNiG, PKN Orlen said in a Tuesday statement.
Today's decision follows an in-depth investigation by the European Commission of the proposed merger between the two large Polish integrated oil and gas companies.
In the second half of 2020, PKN Orlen, Poland's biggest petroleum company, will open Orlen China, in that country, announced PKN Orlen in a press statement.
The Vatican has received masks, disinfectants and protective suits sent from Poland, to aid in the fight with coronavirus pandemic, the Warsaw Archdiocese press office told PAP on Saturday.
PKN Orlen, Poland's biggest petroleum company, has sent medical supplies to the Vatican and to the Office of Papal Charities to aid in the fight against COVID-19, PKN Orlen announced on Friday.
Top Polish fuel concern PKN Orlen has imported another batch of nearly 3 million disposable protective masks to Poland, the company said on Tuesday.
Writing in the Washington Post, Daniel Obajtek says companies should take decisions not only to support their own business, but also to benefit the society.
Poland’s largest refiner PKN Orlen, which has recently taken over state-controlled utility Energa, said the acquisition will help build a strong, national multi-energy concern.
The Polish Ministry of State Assets approved on Monday a takeover of energy firm Energa by Poland's biggest petroleum company PKN Orlen valued at PLN 1.78 billion (EUR 394.2 million), the ministry said on Twitter on Monday.
Poland's PKN Orlen petroleum corporation has opened its first fuel station under the Orlen brand in Germany. In Germany Orlen already operates about 600 stations under the Orlen-Star brand.