Simple Digressions
Contrarian, long/short equity, deep value

Polski Koncern Naftowy - An Interesting Central European Play

Polski Koncern Naftowy Orlen (OTC:PSKOF) is a Polish refinery operating in a few Central European countries. The company is located in Poland but its main assets are also in Lithuania, Czech Republic and Germany. Most recently PKN has acquired the oil and gas assets in Canada - in this way the company became another Polish entity to grow its business outside of Europe (in one of my last articles I presented KGHM, one of the biggest copper and silver producers, which became a global player after acquiring a Canada-based Quadra). As you see, the Polish companies start to think globally. This is a fundamental change in the mentality of the managers operating in the former Eastern bloc countries....

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details