Poland’s largest refiner PKN Orlen, which has recently taken over state-controlled utility Energa, said the acquisition will help build a strong, national multi-energy concern.
The Polish Ministry of State Assets approved on Monday a takeover of energy firm Energa by Poland's biggest petroleum company PKN Orlen valued at PLN 1.78 billion (EUR 394.2 million), the ministry said on Twitter on Monday.
The European Commission has unconditionally approved the takeover of energy firm Energa by Poland's biggest petroleum company PKN Orlen, the latter company said in a news release on Tuesday.
The construction of Poland's first electric car plant will cost PLN 2 bln (EUR 466 mln), PAP was told by Piotr Zaremba, CEO of special-purpose company ElectroMobility Poland (EMP). As many as 17 potential locations are being taken into account, Zaremba added.
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