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	Warsaw Voice - PKN Orlen President Replaced
		When last year Orlen took part in the tender for the purchase of the Mazeikiu oil refinery in Lithuania, and was eventually selected as its strategic investor, it was almost certain that Chalupec would remain in the post until the closing of the deal.
		On Jan. 18, the supervisory board of PKN Orlen, on a motion from representatives of the Treasury, dismissed Chalupec from the post of president of the PKN Orlen management board and appointed Piotr Kownacki, the company's vice-president for auditing and regulation, to the post.
		PKN Orlen is now one of the largest groups operating in the oil sector in Central and Eastern Europe.
	www.warsawvoice.pl /view/13653 (907 words)

	PKN Orlen - Wikipedia, the free encyclopedia
		PKN Orlen (Polish: Polski Koncern Naftowy Orlen) is a major European oil refinerer, and petrol retailer.
		PKN was the state firm in charge of refineries in Płock, a city near Warsaw, that grew to become the largest complex of its kind in Poland.
		PKN Orlen had been involved in talks with MOL, a Hungarian oil company in 2005.
	en.wikipedia.org /wiki/PKN_Orlen (398 words)

	Alexander's Gas & Oil Connections - BP sells German service stations to PKN Orlen
		PKN Orlen, which is quoted on the Warsaw and London stock exchanges, is acquiring these stations as part of its strategy to develop a pan-regional retail network and to take advantage of the opportunities represented by Poland's accession to the European Union in 2004.
		PKN Orlen intends to base its regional headquarters in the Hamburg area.
		PKN Orlen operates the largest network of fuel stations in Poland, which includes nearly 2,000 fuel stations under the Orlen, CPN and Petrochemia Pock brands.
	www.gasandoil.com /goc/company/cne30228.htm (420 words)

	PKN ORLEN (Site not responding. Last check: 2007-10-17)
		PKN ORLEN bei kuro ir naftos chemijos koncernas Unipetrol, priklausantis kapitalo grupei ORLEN yra šiųmetinio Festivalio partneriai.
		PKN ORLEN S.A. ir Europos Lizingo Fondas pradėjo bendradarbiavimą dėl bendrovės vykdomos FLOTA programos.
		PKN ORLEN prisijungė prie visuomeninės antikorupcinės kampanijos „Neduodu ir neimu kyšių“, organizuotos bendradarbiaujant judėjimui Normali valstybė ir Reklamos agentūrų asociacijai.
	www.orlenlietuva.lt /?i=35 (1480 words)

	PKN Orlen buys Lithuanian refinery stake - Boston.com
		Poland's PKN Orlen on Friday bought a 30.7 percent stake in the Mazeikiu Nafta oil refinery from the Lithuanian government for $852 million, gaining control of the Baltic country's biggest enterprise.
		Mazeikiu Nafta said in a statement that PKN Orlen CEO Igor Chalupec was elected refinery chairman at a board meeting on Friday.
		On Thursday PKN Orlen bought Yukos' 53.7 percent stake in the refinery for 3.88 billion litas ($1.46 billion).
	www.boston.com /news/world/europe/articles/2006/12/15/pkn_orlen_buys_lithuanian_refinery_stake (604 words)

	Blend Control Software Permits Capacity Expansion - 9/1/2004 - Control Engineering (Site not responding. Last check: 2007-10-17)
		PKN Orlen, one of the largest refiners in Europe, upgraded controls to expand ethylene production by 83% and propylene production by 142%, allowing the company to successfully handle 4 million tons of gasoline per year.
		Under the terms of the contract, ABB was slated revamp PKN Orlen's 21-year old plant in Plock, Poland—an integrated refinery and petrochemical complex that is regarded as one of the 10 most modern and efficient facilities of its kind in Europe.
		PKN Orlen also required that PKN Orlen plant engineers and operators had to be able to program and run the system themselves without consultation with the vendor, and the installation had to proceed in the shortest possible time with a minimum of lost production.
	www.manufacturing.net /ctl/article/CA450362.html (1504 words)

	Власти Литвы и польская PKN Orlen договорились по всем деталям ...
		Власти Литвы и польские нефтяники PKN Orlen договорились по всем деталям продажи нефтеперерабатывающего завод Mazeikiu nafta.
		Правительство Литвы планирует продать компании PKN Orlen 30,66% акций Mazeikiu nafta за 851,8 млн долларов.
		В начале 2006 года руководство лондонского офиса ЮКОСа договорилось о продаже доли в Mazeikiu nafta польской PKN Orlen за 1,5 млрд долл.
	www.finmarket.ru /z/nws/news.asp?id=551428&rid=1 (272 words)

	Poland Local fuel leader PKN Orlen begins due diligence of Czech oil firm Unipetrol on 3 Feb
		Dominant Polish fuel firm PKN Orlen was set to begin due diligence on Tuesday, February 3 on its key Czech acquisition target, the petrochemical group Unipetrol, Orlen vice-president Janusz Wisniewski told reporters Monday (February 2).
		Orlen, its Hungarian counterpart MOL and global oil major Royal Dutch/Shell have until mid-April to submit binding bids in the privatization of Unipetrol, for which the Czech authorities are offering 63%.
		Orlen is trying to move into the driver's seat for its first serious move into Central Europe, a move it sees as key in its desire to become a regional fuel company.
	www.templetonthorp.com /cz/news529 (334 words)

	petroleumworld
		PKN Orlen of Poland has offered to buy a stake in the Mazeikiu Nafta oil complex from the Lithuanian government, even before Vilnius has completed talks on acquiring a majority holding in Mazeikiu from Russian oil giant Yukos.
		PKN Orlen said here: "PKN Orlen today handed the Lithuanian government an offer to acquire 40.6 percent of shares in Mazeikiu Nafta.
		PKN Orlen did not reveal the offer price for either stake in the Lithuanian oil complex, which includes the sole refinery in the Baltic states, a pipeline and an offshore terminal.
	www.petroleumworld.com /story06041409.htm (521 words)

	Top Polish fuel firm Orlen finalizes EUR 417 mln buy of 63% of Czech Unipetrol (Site not responding. Last check: 2007-10-17)
		The balance is to be paid upon the transfer of shares to PKN Orlen and approval of the deal by the European Commission.
		PKN Orlen has also agreed to sell some of Unipetrol's assets to global oil and gas company ConocoPhillips and to Agrofert, the Czech Republic's No. 2 chemical group.
		At the end of 2003, PKN Orlen signed a cooperation agreement with Agrofert, which had won a previous tender for Unipetrol, but failed to come up with the EUR 361 mln for the deal in 2002.
	www.freerepublic.com /focus/f-news/1151242/posts (509 words)

	Poland's PKN Orlen ambitious about Tüpraş sell-off - Turkish Daily News Aug 13, 2005
		Poland's PKN Orlen, one of the potential bidders for Tüpraş, hopes to give one of the highest bids for the oil refiner in the privatization tender on Sept. 2, officials said.
		He said Orlen was hoping to become a strong regional player together with a strong Turkish company, adding that they have already established contact with a Turkish firm.
		PKN Orlen is a privatized company with a 27 percent stake still held by the Polish government and 73 percent floated on the Warsaw and London stock exchanges.
	www.turkishdailynews.com.tr /article.php?enewsid=20683 (507 words)

	PKN Orlen (Polski Koncern Naftowy) road maps from Warsaw, Poland
		PKN has its origins in the late 1950s when it was established to operate the new oil refinery in Plock.
		PKN also has majority stakes in a number of smaller distributors such as Petroprofit, PetroZachód and Arge, and some of its outlets remain (2004) under the brand name of Petrochemia Plock.
		In Spring 2004, PKN Orlen agreed to acquire a majority stake in the Czech company Unipetrol, which was the former monopoly company, and still the market leader in the Czech Republic with its Benzina branded stations.
	www.ianbyrne.free-online.co.uk /pkn.htm (525 words)

	Polish Market - PKN Orlen: preparing for takeovers abroad
		PKN Orlen, a gas producer and distributor, is negotiating with Beckmann Mineraloelhandel, the owner of 115 filling stations in Germany, with regard to the possible takeover of these businesses, Puls Biznesu reports.
		PKN Orlen already has 485 petrol stations in Germany, and this gives it a 3% share of the market with regard to the country as a whole and 8% in north Germany.
		PKN Orlen is also one of 12 companies which want to buy a majority stake (51%) in the Turkish refinery, Tupras.
	www.polishmarket.com /next.php?id=20878 (345 words)

	PKN Orlen: braving the Baltics - Energy Business Review
		PKN Orlen has unveiled plans to enter the Lithuanian, Latvian and Estonian fuel retail markets.
		PKN Orlen has begun outlining its retail intentions for the Baltic region as it moves closer to the official acquisition of Lithuanian refinery Mazeikiu Nafta.
		While this deal gives PKN access to much-needed upstream assets, its lack of retail presence means it will have a lot of work do to if it intends to grow organically in markets where the likes of Lukoil and Statoil are firmly established.
	www.energy-business-review.com /article_feature.asp?guid=BE3481DA-508C-4D40-80BC-6208F5944374 (485 words)

	Polski Koncern Nft ORLEN Morena
		Following the aforementioned transaction, PKN ORLEN owns 100 per cent of ORLEN Morena Purchase of the shares of the ORLEN Morena is in a line with PKN ORLEN strategy, which envisages the consolidation of ownership Regional Market Operators.
		ORLEN Morena is a Regional Market Operator in Northern Poland Except for the share transfer agreements referred to above, no other relations exist between the issuer and the issuer's managing or supervising persons and the sellers of the shares.
		About PKN ORLEN SA PKN ORLEN S.A. is one of the largest companies in Central & Eastern Europe, with listings on the Warsaw and London Stock Exchanges, and trading on the OTC market in the U.S.A. It is Poland's largest refiner of crude oil and marketer of world-class petroleum and related products.
	www.advfn.com /news_orlen-morena_8081813.html (402 words)

	PKN Orlen Strikes an Oil Supply Deal with Rosneft - Kommersant Moscow (Site not responding. Last check: 2007-10-17)
		Poland’s PKN Orlen is to buy 3.36 million tons of oil from Rosneft annually in the first Russian oil export deal since 2005.
		The contract is to be valid up to the end of 2011 as PNK Orlen will be buying 3.36 million metric tons of oil from Russia’s Rosneft every year.
		Polish PKN has chosen a state-owned company hoping that it would be able of influence the situation in Russian from within.
	www.kommersant.com /p735136/r_529/PKN_Rosneft_Oil (402 words)

	PKN Orlen seeks acquisitions \| ZF English \| Ziarul Financiar
		Petroleum group PKN Orlen intends to expand to the central and Eastern-European region and does not rule out the possibility of making acquisitions in Romania, said Igor Chalupec, general manager of the Polish company, quoted by Reuters.
		PKN Orlen completed the takeover of the Lithuanian refinery Mazeikiu Nafta in December, for 2.3 billion dollars.
		PKN Orlen took part in 2004 in the tender for the sale of Petrom in 2004, but withdrew in the final stage of the process, opting for the acquisition of Unipetrol in the Czech Republic.
	www.zf.ro /articol_106744/pkn_orlen_seeks_acquisitions.html (439 words)

	Росбалт.RU - Экономика и бизнес - Польская PKN Orlen отложит покупку ...
		Пожар на НПЗ Mazeikiu Nafta серьезно повлиял на планы польской PKN Orlen приобрести литовскую компанию на прежних условиях, пишет «Время новостей».
		С одной стороны, гендиректор PKN Orlen Игорь Халупец несколько раз заявил, что PNK Orlen не собирается отказываться от покупки Mazeikiu Nafta; с другой — что может отложить подписание договора о сделке.
		Польская PKN Orlen уже сделала заявление, что намеченное на октябрь подписание сделки по покупке Mazeikiu Nafta будет отложено до тех пор, пока эксперты с участием польской стороны не проведут тщательный анализ причин и последствий аварии.
	www.rosbalt.ru /2006/10/16/271266.html (476 words)

	President of the Republic of Lithuania - President Adamkus Meets CEO of the Polish PKN Orlen Petroleum Group (Site not responding. Last check: 2007-10-17)
		President of the Republic of Lithuania Valdas Adamkus, currently on a visit to Poland, met Igor Chalupec, President and CEO of PKN Orlen, in Warsaw.
		Igor Chalupec presented President Adamkus with a certificate confirming that the PKN Orlen petroleum group had requested this very same day the European Commission to authorize its purchase of a major stake in the Mažeikių Nafta oil refinery.
		Chalupec underlined that PKN Orlen was ready to fulfill all of its obligations under the purchase agreement.
	www.president.lt /en/news.full/7125 (291 words)

	Interfax: Poland's top refiner PKN Orlen to up fuel wholesale prices, no movesexpected for Lotos
		INTERFAX CENTRAL EUROPE-Poland's top refiner PKN Orlen is expected to slightly up wholesale gasoline and diesel prices Tuesday and Grupa Lotos wholesale fuel prices are expected remain flat, market research firm e-petrol said Monday.
		Diesel may rise in PKN Orlen by PLN 3-4." PKN Orlen's unleaded Pb95 is expected to cost PLN 2,820.00 per 1,000 liters Tuesday, up by PLN 10 from 2,810.00 on Monday.
		PKN Orlen's diesel price is likely to ease up by PLN 4 per 1,000 liters, from 2,888.00 per 1,000 liters Monday.
	www.interfax.com /5/207658/news.aspx (279 words)

	Poland’s PKN Orlen Signs Deal to Buy Stake in Mazeikiu Nafta From Yukos - MONEY - MOSNEWS.COM (Site not responding. Last check: 2007-10-17)
		Polish oil company PKN Orlen said Friday it had signed an agreement to buy a 53.7 percent stake in Lithuanian refiner Mazeikiu Nafta from the embattled Russian oil giant Yukos for $1.49 billion, The Associated Press reported.
		PKN Orlen said it then would make a public offer to buy out minority investors holding the remaining stake in Mazeikiu.
		Mazeikiu and Orlen remain vulnerable to a cutoff of Russian supplies, which some investors fear could now be a likely prospect given the tense political relations between Poland and Russia.
	www.mosnews.com /money/2006/05/27/yukosmn.shtml (879 words)

	Billions at stake in PKN Orlen deal
		PKN Orlen is set to make some big decisions this week; namely, whether it will respect its contractual obligations and sell its stakes in five companies to Agrofert, and whether it will pay an additional Kč 1.64 billion (€ 56 million) for the Unipetrol group, which it recently acquired in a privatization.
		But Agrofert helped PKN by not bidding for Unipetrol and helping the Polish company during due diligence, and as such Agrofert is entitled to a “friendly price” for the companies, Bystrov said.
		PKN said Sept. 15 that Agrofert had again denied its request to make the full text of the contracts between the companies public.
	www.cbw.cz /phprs/2005091903.html (601 words)

	PKN Orlen нашла сырьевой компромисс Бизнес ГАЗЕТА.GZT.ru
		На день подписания контракта стоимость нефти, которую получит PKN Orlen от «Роснефти» до конца 2011 года, составляет около $6 млрд.
		PKN Orlen имеет право потребовать и большей компенсации, уточняет руководство концерна в своем сообщении.
		Orlen купит Mazeikiu nafta по частям / Бизнес /
	www.gzt.ru /business/2007/01/18/220010.html (355 words)

	PKN Orlen buy out of Lithuania's Mazeikiu due on December 15 — EUbusiness - EU business, legal and financial news ...
		Polish petroleum company PKN Orlen is to sign a takeover deal of Lithuanian oil refinery Mazeikiu Nafta next month, Lithuanian Prime Minister Gediminas Kirkilas said Saturday.
		Following a meeting in Warsaw with PKN Orlen head Igor Chalupec, Kirkilas told reporters that the two companies were set to ink the buyout accord on December 15.
		Polish media had speculated that PKN Orlen might use the fire at the refinery complex as an argument to cut the price it had agreed to pay for the oil complex, or even to pull out of the deal.
	www.eubusiness.com /Energy/061118154207.38gvp6w8 (367 words)

	Blaze at Mazeikiu Nafta threatens PKN Orlen deal
		Igor Chalupec, PKN Orlen’s chairman of the board, told Kirkilas over the phone that the Polish company had delayed an agreement with the banks scheduled to finance the Mazeikiu Nafta deal.
		“The delay is related to the necessity to investigate the situation at the refinery,” PKN Orlen said in a statement.
		On Oct. 17, PKN Orlen‘s management postponed a ceremony to mark the completion of the deal, which was scheduled for mid-December, until next January, the Lietuvos Rytas daily reported.
	www.baltictimes.com /news/articles/16596 (774 words)

	PKN Orlen calls for investigation of Atlantik FT
		PKN Orlen has petitioned the Czech Securities Commission (KCP) to investigate whether brokerage house Atlantik finanční trhy manipulated the market in its trading of Unipetrol shares.
		PKN, owner of the majority stake in the Unipetrol group, filed the motion with the Securities Commission on Sept. 31 “to review the conduct of Atlantik in connection with the MTO (madatory tender offer),” Kulinska said.
		PKN wants to take revenge on Atlantik for what happened at the time of the buyout offer in July and August, he added.
	www.cbw.cz /phprs/2005110703.html (627 words)

	Chemicals Technology - Basell Orlen Polyolefins Polyethylene and Polypropylene Plant, Plock
		ABN Amro served as financial advisor to PKN Orlen with respect to the setting up of the joint venture between PKN Orlen and Basell European Holding.
		PKN Orlen will supply BOP with propylene and ethylene feedstock from its existing olefin production facilities in Plock, Poland.
		As well as Basell and PKN Orlen bringing their strengths to the new joint venture, the project is also expected to have a 'strong demonstration' effect on the Polish petrochemical industry.
	www.chemicals-technology.com /projects/basell_orlen (668 words)

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