Acasă » Oil&Gas » PKN ORLEN Group to double the number of its service stations in Slovakia

PKN ORLEN Group to double the number of its service stations in Slovakia

14 April 2022
Consumers
Bogdan Tudorache

ORLEN Group of Poland is going to add 25 new locations to its network of service stations in Slovakia. By the end of 2030, the ORLEN retail network in Central and Eastern Europe is to comprise at least 3,500 locations, of which the share of foreign stations is to go up from 37% to 45%.

The network in Slovakia will include 88 gas stations.

”We have been consistently implementing the ORLEN Group strategy, investing in a dynamic expansion of the fuel station network not only in Poland but also across the region. One of the strategic and natural growth directions in this area is Slovakia. Investments in service station networks outside Poland are an important element of enhancing international recognition of the ORLEN brand and our business standing. Especially that we already have a 14.5 percent share of the wholesale market in Slovakia. Additionally, following completion of the merger with Grupa LOTOS, we will add 41 stations to our chain in this country, thus reinforcing ORLEN Group’s strong market position. In the near future, we plan further investments in the region and expect to acquire another 100 stations,” said Daniel Obajtek, President of the PKN ORLEN Management Board.

An agreement to acquire 25 service stations in Slovakia has already been signed. The acquisition process is expected to begin in June this year, after the transaction is cleared by the Slovak anti-trust authority. All the service stations in Slovakia will ultimately operate under the ORLEN brand following a gradual rebranding process.

”Since we entered the Slovak market, we have been consistently increasing the number of our service stations, which makes us one of the fastest growing networks in this country. After this transaction is completed, we will be among the top five players in the region. In this way, we provide customers in the region with fuels of proven high quality, as well as with access to state-of-the-art retail solutions. This is what the ORLEN brand guarantees,” added Tomasz Wiatrak, President of ORLEN Unipetrol, responsible for the Slovak market at the ORLEN Group.

The 25 new locations in Slovakia to be acquired by the ORLEN Group are express, i.e. self-service stations. Given their nature, they are intended to operate under the ORLEN Express brand.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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