PKN Orlen - Today

Today

Today, Orlen is the largest fuel retailer in Poland with over 2000 locations. The company runs the most advanced and the second largest complex for terephthalic acid production in Europe. It also has significant investment abroad including the buy out of Mažeikių Nafta and a majority stake in Unipetrol, a Czech refiner. In 2003 PKN Orlen had the chance to acquire 500 filling stations in Northern Germany from BP under premise of an anti-competition rule when BP took over Aral. As of 2007 PKN Orlen has 581 filling stations in Germany (484 under the Star brand, 58 under the Orlen brand and 29 under a supermarket brand).

PKN Orlen was involved in merger talks with MOL Group, a Hungarian oil company in 2005. If merged, the two firms would have created a regional giant, and controlled much of Central Europe's oil industry. However, the planned merger failed due to high politicization. Following the dropped merger plans, PKN Orlen bought a majority stake in Czech Unipetrol. During May 2006, the company announced its largest investment ever when it took over a majority share of Lithuania's Mažeikių Nafta, the largest company in the Baltic States, from Yukos. With the completion of the takeover, PKN Orlen became Central Europe's largest company.

PKN Orlen, under a joint venture with the Netherlands firm Basell, also owns Poland's largest plastics company.

In 2007, it was ranked 432 in the Fortune Global 500 and 679 in the Forbes Global 2000 list of companies. Orlen employs over 24,000 people in 4 countries.