Orlen
Orlen S.A. (formerly Polish: Polski Koncern Naftowy Orlen Spółka Akcyjna, PKN Orlen SA., lit. 'Polish Oil Concern Orlen Public Corporation'), commonly known as Orlen, is a Polish multinational oil refiner and petrol retailer headquartered in Płock, Poland. The company's subsidiaries include the main oil and gas companies of the Czech Republic and Lithuania, Unipetrol and Orlen Lietuva respectively.
Orlen's headquarters in Płock, Poland | |
| Company type | Spółka Akcyjna |
|---|---|
| ISIN | PLPKN0000018 |
| Industry | Petroleum |
| Founded | Płock, Poland 7 September 1999 as Polski Koncern Naftowy |
| Headquarters | , |
Area served | Austria, Canada, Czech Republic, Germany, Hungary, Latvia, Lithuania, Norway, Pakistan, Poland, Slovakia |
Key people | Witold Literacki (acting)(President and CEO) Wojciech Popiołek (Chairman of the supervisory board) |
| Products | Fuel, crude oil and other natural gas |
| Brands | Orlen, CPN, Star, Unipetrol, Benzina, Orlen Lietuva, Turmöl |
| Revenue | PLN 278.509 billion €59.447 billion (2022) |
| PLN 8.657 billion (2019) | |
| PLN 21.441 billion (2022) | |
| Total assets | PLN 272.747 billion (2022) |
| Total equity | PLN 535 million (2017) |
Number of employees | 64,494 (2022) |
| Website | orlen |
The corporation is a significant European publicly traded firm with operations in Poland as well as Austria, Canada, Czech Republic, Germany, Hungary, Latvia, Lithuania, Norway, Pakistan, and Slovakia. As of February 2024, the largest shareholder of the company is the Polish state (via the State Treasury) with 49.9% of the shares ahead of Nationale-Nederlanden OFE with 5.2% of the shares.
The company is listed on the Warsaw Stock Exchange and, as of 2022, its reported revenue constituted over PLN 278 billion (ca. US$62 billion). It employs over 64,000 people, owns more than 3,400 service stations in seven countries and markets its advanced products to over 100 countries worldwide.
Orlen is the largest company in Central and Eastern Europe and is listed in global rankings such as Fortune Global 500, Platts TOP250 and Thomson Reuters TOP100.