ORLEN Group

ORLEN Group companies are ascribed to respective divisions within PKN ORLEN and several business units.

As at the end of 2010, PKN ORLEN had direct shareholdings in 56 commercial companies, including:

• 34 subsidiaries (over 50% of shares);
• 2 co-related companies (50% of shares),
• 1 affiliated company (between 20% and 50% of shares),
• 19 minority companies (less than 20% of shares).

A strong Capital Group, being one of the objectives of PKN ORLEN, supports the core business, i.e. refinery and petrochemical production. Policy towards the Capital Group is realized by strengthening the position of PKN ORLEN in companies from the core business area and divestments of assets not strictly related to its core business.

Direct affiliates of PKN ORLEN as of 31.12.2010