The Register of Legal Entities of the Republic of Lithuania has recorded a new name of the oil refinery Mazeikiu Nafta – public company Orlen Lietuva. The decision to change the company's name was made on 7 July 2009 by Polski Koncern Naftowy Orlen S.A., the sole shareholder of Public Company Mazeikiu Nafta.
The change of the name is a consistent and sound step of PKN Orlen S.A. and is in compliance with PKN OrlenS.A. Group policy providing for a change of the names of all companies within the Group where the Concern is the main shareholder, informs ELTA/LETA.
According to the company's press release, the new name of the company will allow its better identification withOrlen Group and ensure smoother, clearer and simpler communication as well as cooperation with the consumers of the company's products both on the wholesale as well as retail markets.
"The change does not mean only the replacement of signboards. The new name gives a sense to the changes in the company – organizational and process changes, new operating units as well as the quality of our products evidence the maturity achieved by the company," told Krystian Pater, General Director of Public Company Orlen Lietuva. The change of the company's name is followed by a change of the logo From now on; the new logo of the only refinery in the Baltic region features a stylized image of an eagle with the red Orlen inscription and Lietuva written in silver.