Orlen's CEO Daniel Obajtek announced the deal in an interview with Polish state news agency PAP on Monday.
He said Orlen had "taken over 267 petrol stations in Austria under the Turmöl brand," from Doppler Energie, becoming the third-biggest player on Austria's petrol retail market.
Obajtek added that the transaction also gave Orlen "a significant share of Austria's petrol wholesale market," which together with its refineries in nearby Czech Republic would "ensure stable supplies to petrol stations."
The Austrian deal means Orlen now owns 3439 petrol stations in Poland, Austria, Germany, the Czech Republic, Hungary, Lithuania and Slovakia, nearing its strategic aim of having 3,500 service points by 2030, the PAP news agency reported.
Obajtek said on Monday that the company would "consistently invest" in the petrol retail market, as it "generates stable profits."
Poland’s Orlen Group is an integrated multi-utility energy company and one of the world’s 150 largest firms, according to officials.
Besides petrol stations, it also owns seven oil refineries (four in Poland, two in the Czech Republic and one in Lithuania), a notable petrochemicals division and a renewable energy arm, including projects to build wind farms and solar farms.
Orlen Group expects to invest up to PLN 320 billion (around EUR 71.5 billion) in new projects by 2030, according to officials.
Source: PAP, Orlen