The financing will be used to expand renewable energy connections and introduce smart grid technology.
orlen
State energy firm Orlen accuses former management of criminal offences causing €1.2 billion losses
Orlen is Poland’s largest company, and also one of the biggest in Europe.
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Poland’s Orlen ranked among Europe’s 50 largest companies in new Fortune list
It is the only firm in the Central and Eastern Europe region between Germany and Russia to make it into the top 50.
Polish state oil giant Orlen’s wholesale fuel prices begin to rise after pre-election drop
Orlen assures that prices will remain stable at petrol stations, but analysts expect hikes.
Construction of Poland’s first offshore wind farm set to begin
Baltic Power – a joint venture between Poland’s Orlen and Canada’s Northland Power – will supply around 3% of Poland’s electricity needs.
Poland’s Orlen to take over Gazprom’s stake in Polish section of Yamal gas pipeline
“We are putting an end to the Russian [gas] flows in the Polish gas transit system!” declared Orlen’s CEO, Daniel Obajtek.
Media owned by Polish state oil firm reject opposition adverts over “left-wing values”
Orlen bought Polska Press, which publishes hundreds of newspapers and websites, in 2021.
State oil giant Orlen calls on Poles not to hoard fuel amid pre-election price drop
The firm denies claims it has artificially lowered prices to help the government’s re-election bid.
Czech “petrol tourists” tank up in Poland as fuel prices fall ahead of elections
Analysts believe state energy giant Orlen has been lowering prices at petrol stations to help the ruling party win re-election.
Orlen secures €3.6 billion in credit to build Poland’s first offshore wind farm
The wind farm is expected to provide clean energy to 1.5 million Polish households by 2026.
Polish state energy firm Orlen overseeing Czech Republic’s highest Russian oil imports since 2012
Orlen notes that the landlocked Czech Republic can only be supplied via pipelines, meaning there is no alternative to Russian oil.
Polish state energy giant to invest $1bn in carbon storage
The investment will bring the company closer to its goal of reducing its carbon footprint by 25% by 2030.
Article on criticism of Polish government disappears from newspaper owned by state energy firm
No official reason has been given but an inside source said the newspaper was pressured by the ruling party to remove the article.
Polish state energy firm Orlen enters Austria with purchase of 266 petrol stations
“This is a great day for the Polish economy,” said Orlen’s CEO, Daniek Obajtek.
