Orlen

Orlen S.A.
Company typeSpółka Akcyjna
ISINPLPKN0000018
IndustryPetroleum
FoundedPłock, 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
Ireneusz Fąfara (President and CEO)
Wojciech Popiołek (Chairman of the supervisory board)
ProductsFuel, crude oil and other natural gas
BrandsOrlen, CPN, Star, Unipetrol, Benzina, Orlen Lietuva, Turmöl
RevenueIncrease PLN 372.767 billion
82.158 billion (2023)[1]
Increase PLN 59.413 billion
13.095 billion (2023)
Increase PLN 20.727 billion
4.568 billion (2023)[1]
Total assetsIncrease PLN 264.178 billion
58.225 billion (2023)
Total equityPLN 153.180 billion
33.761 billion (2023)
Number of employees
64,494 (2022)[2]
Websiteorlen.pl

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, petrol retailer and natural gas trader 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.

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.[3] As of September 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.[4]

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,[2] owns more than 3,400 service stations in seven countries and markets its products to over 100 countries worldwide.[5][6][7][8]

Orlen is the largest company in Central and Eastern Europe[9] and is listed in global rankings such as Fortune Global 500, Platts TOP250 and Thomson Reuters TOP100.

  1. ^ a b "Financial data". orlen.pl.
  2. ^ a b "Orlen w liczbach". orlen.pl. Retrieved 28 September 2023.
  3. ^ "ORLEN w czołówce zestawienia 500 największych firm w Europie". orlen.pl (in Polish). Retrieved 8 November 2023.
  4. ^ "Shareholders structure | PKN ORLEN". www.orlen.pl. Retrieved 15 February 2022.
  5. ^ "Post-merger fourth-quarter 2022 results posted by ORLEN Group provide solid foundation to support economic growth and enhance energy security for Poland". Retrieved 27 February 2023.
  6. ^ "Company overview". Retrieved 27 February 2023.
  7. ^ "About us". Retrieved 27 February 2023.
  8. ^ "ORLEN pojawi się w Austrii". orlen.pl (in Polish). 4 July 2023. Retrieved 6 October 2023.
  9. ^ "COFACE CEE TOP 500 COMPANIES". cofacecentraleurope.com. Retrieved 27 February 2023.