During yesterday’s general meeting, PKN Orlen shareholders decided to keep a total of PLN 1.39bn in profits from 2011 within the company. “Our goal is to secure the future of the company. We can not afford to pay dividends, due to these hard times and an ambitious investment plan,” Jacek Krawiec, Orlen’s chairman said after announcing the decision. The plans include launching Orlen’s shale gas business this year, a project that will cost millions of zloty.
