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Home > Company Index > Energy > Oil & Gas Refining & Marketing > Polski Koncern Naftowy ORLEN S.A.

Polski Koncern Naftowy ORLEN S.A.
 NEWS FROM THE WIRES
Travel chaos in Spain as Iberia grounds all flights
Jul 12 2001 03:21 PM PDT

Cascades' Perkins unit buys two U.S. tissue mills
Jul 12 2001 03:20 PM PDT

More WIRE STORIES about this company

 PROFILE
Crudely moving into the private market, Polski Koncern Naftowy ORLEN (PKN) is the largest refiner and distributor of oil in Poland. Two former state monopolies, Petrochemia Plock (Poland's largest refinery) and Centrala Produktow Naftowych (Poland's #1 petroleum distributor), merged to create PKN. The company also owns stakes in two other refineries (its total capacity is 600,000 barrels per day) and has 2,000 retail sites, about a third of Poland's gas stations. Other products include plastics, asphalts, and engine oils. The company's other holdings in Poland include a 35% stake in chemical maker Anwil and a 19% stake in mobile phone company Polkomtel. The Polish government has floated 72% of PKN.

 COMPETITION
MOL Magyar Olaj-és Gázipari Rt. (MOL)
OMV Aktiengesellschaft (OMVKY)
Royal Dutch/Shell Group (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4,498.00
1-Yr. Sales Growth: 40.3%
Employees: 13,342
Revenue per employee: $337,130.86

 KEY PEOPLE
• Andrzej Mikolaj Modrzejewski
    CEO
• Marek Mroczkowski
    CFO

 CONTACT INFO
ul. Chemików 7
09-411 Plock, Poland
Phone: 48-24-365-28-95
Fax: 48-24-365-40-40
Online: Web Site

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