Release date: 28 November 2005
Promoter – Financial Intermediary
Polski Koncern Naftowy Orlen SA (PKN)Location
Description
Restructuring and optimisation of the retail distribution network of PKN in Poland.
Objectives
The project will improve the ability of the promoter to meet consumer demand in an increasingly competitive and sophisticated market. The modernisation of fuel delivery and monitoring systems will reduce atmospheric emissions and reduce risks of local pollution.
Comments
Manufacturing.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 210 million.
Total cost (Approximate amount)
EUR 430 million.
Environmental aspects
Due diligence will cover compliance with applicable environmental regulations for production plants and operations, including verification whether an environmental project evaluation was required to obtain construction and operation permits, and if such evaluation included an Environmental Impact Assessment Study.
Procurement
The promoter is a private company to which EU Directives on procurement do not apply. The promoter usually carries out competitive enquiries among potential suppliers for goods and services, as is common in the industry.
Status
Signed - 25/06/2007