Orlen is Poland's largest and most internationally recognized company. The firm is made up of 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 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. 1944 was a leap year starting on Saturday (link will take you to calendar). ... Events and trends Technology United States tests the first fusion bomb. ... Motto: none Voivodship Masovian Municipal government Rada Miasta Płock Mayor Mirosław Milewski Area 88 km² Population - city - urban - density 128 210 - 1456/km² Founded City rights - - Latitude Longitude 52°33 N 19°42 E Area code +48 24 Car plates WP Twin towns - Municipal Website Płock (pronounce: [pwɔʦk]) is a... Warsaw (Polish: Warszawa, see also other names, in full The Capital City of Warsaw, Polish: Miasto StoÅ‚eczne Warszawa) is the capital of Poland and its largest city. ...
Privitization
In 1999 both firms were semi-privatized and merged to create a retail and refining company under the name PKN Orlen. Today Orlen is the largest petroleum retailer in all of Poland with over 2000 stations. It also has significant investment abroad with a chain of 500 stations in Germany and a majority stake in UniPetrol, a Czech refiner. 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. Today the company has sales worth 4.41 Billion USD annually and a market value of 3.08 USD (Forbes.com). This page is a candidate for speedy deletion. ... Historical lands and provinces in Central Europe Central Europe is the region of Europe between Eastern Europe and Western Europe. ...
Brands and Subsidiaries of Grupa Orlen (PKN Orlen Group)
Basell Orlen Polyolefins- (Plastics and sythetic materials)
Orlen (Polish & German market petrol station brand)
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 PKNOrlen, on a motion from representatives of the Treasury, dismissed Chalupec from the post of president of the PKNOrlen management board and appointed Piotr Kownacki, the company's vice-president for auditing and regulation, to the post.
PKNOrlen is now one of the largest groups operating in the oil sector in Central and Eastern Europe.
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