Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.
orlen
Profits plunge 96% at Polish state energy giant Orlen, prompting opposition criticism
The firm rejected such criticism, arguing it “has posted robust operating performance” in a difficult macroeconomic environment.
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World’s largest sovereign wealth fund intervenes over media freedom in Poland
Norway’s Oil Fund owns a minority stake in Orlen, the Polish state firm that has bought hundreds of newspapers.
Polish state-owned oil giant opens first stand-alone store in drive to diversify away from fuel
PKN Orlen wants to open 900 of its new format retail outlets by 2026.
Polish state oil giant says legal challenge to stop its media takeover is “obviously unfounded”
Orlen is responding to a court decision to suspend its purchase of hundreds of media outlets.
Polish archbishop thanks state oil firm for buying newspapers from German owner
He also criticised a German supermarket for evading Poland’s Sunday trading ban and praised the government for its Covid response.
Three Polish newspaper editors replaced following state oil giant takeover
Orlen’s CEO had previously promised no major personnel changes.
Poland falls to record low in World Press Freedom Index
It has fallen every year since 2015, when it reached its highest ever position.
Court suspends Polish state oil giant’s media takeover
Orlen has bought hundreds of local media outlets.
Polish state oil giant CEO denies corruption claims and submits to official asset investigation
Daniel Obajtek has been accused of suspect real estate purchases, nepotism and perjury.
Polish state oil giant completes media takeover as editor promises to defend independence
Orlen now owns hundreds of local newspapers and websites.
Poland’s antitrust authority stops radio group merger over competition concerns
Poland’s ruling party has previously expressed opposition to media firm Agora’s takeover of a rival radio group.
What does Polish state oil firm’s media takeover mean? Five expert views
Agnieszka Wądołowska
Orlen is buying hundreds of local newspapers and websites from their German owner.
Polish state energy giant buys hundreds of local media outlets from German owner
Orlen is buying Polska Press from its German owner, Verlagsgruppe Passau.
