The takeover by PKN Orlen, the dominant Polish fuel firm, of its smaller rival, the Lotos Group, should be completed in late July or early August, and the takeover of gas company PGNiG in late September to early October, PKN Orlen's CEO has said.
The European Commission (EC) has given the final green light to the takeover by Poland's dominant oil and gas company, PKN Orlen, of its rival the Lotos Group.
The brainchild of convenience store chain Żabka and Kraków tech firm VeloxAlpha SA, the one-armed sausage server called Robbie can complete its task in three simple steps.
The CEO of Poland's dominant oil and gas company, PKN Orlen, has said that the European Commission (EC) should give the final green light to the takeover of its rival Lotos Group within several days.
The management board of Poland's dominant oil and gas company, PKN Orlen, approved on Thursday a draft plan to merge with domestic rival Lotos, Orlen announced.
A total of 185 petrol stations in Slovakia and Hungary being taken over by Polish oil and gas company PKN Orlen will change their brand into the Polish one including 79 stations currently branded as Lukoil, Orlen has announced.
Mateusz Morawiecki, the prime minister, has dismissed opposition calls for the dismissal of Daniel Obajtek from the post of PKN Orlen CEO owing to his plans to sell off some assets to Hungarian petroleum company MOL.
Poland's fuel group, PKN Orlen will invest into an air separation unit for oxygen and nitrogen production at the Plock refinery, the company announced on Tuesday.
PKN Orlen, Poland's biggest oil and gas company, has said it will be able to supply the whole of Central and Eastern Europe with oil in the event of a ban on Russian crude oil imports.
PKN Orlen, Poland's biggest oil and gas company, is well prepared for any scenarios that may arise from a possible embargo on Russian crude oil, the company's CEO has told PAP.