17.6. RELATED PARTY TRANSACTIONS

Related partytransactions

In 2020 and 2019 and as at 31 December 2020 and as at 31 December 2019, there were no transactions of related parties of the ORLEN Group with the Members of the Management Board and the Supervisory Board of the Parent Company.

In 2020, there were mainly sales transactions of legal services of the member of key executive personnel and their relatives with related parties of the ORLEN Group and the total value of sales and purchases in this period amounted to PLN 875 thousand and PLN and (33) thousand PLN, respectively.

In 2019, there were no transactions of close relatives with the other key executive personnel of the Parent Company and key executive personnel of the ORLEN Group companies with related parties.

As at 31 December 2020 balances of the trade and other liabilities amounted to PLN 27 thousand and as at 31 December 2019 there were no balances due to the above transactions.

Download
ORLEN Group Integrated Report

Download PDF