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merger

Polish oil and gas firms to merge in autumn

PKN Orlen expects its extraordinary general meeting (EGM) of shareholders to take place in September and PGNiG's in October. Mateusz Marek/PAP

Poland's leading oil and gas company PKN Orlen will likely acquire the country's natural gas monopolist PGNiG in October or November this year, Orlen said on Friday.

PKN Orlen EGM approves Lotos merger

An extraordinary general meeting (EGM) of Poland's dominant oil and gas group, PKN Orlen, has given the go-ahead for a merger with domestic rival Lotos Group.

Orlen management approves Lotos merger plan

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.

Poland's Orlen praises merger, new Saudi and Hungarian partners

The acquisition of the Polish petroleum company Lotos by its bigger peer PKN Orlen, with some of Lotos assets having been sold to Saudi and Hungarian partners, will offer a wide range of benefits, the Orlen CEO has said.

Opel and PSA auto plants in southern Poland to merge from Jan 3

Opel Manufacturing Poland and PSA Manufacturing Poland, two automotive plants in Gliwice, southern Poland, will formally merge into Stellantis Gliwice on January 3, 2022.

Lotos move will strengthen energy security, Dep PM confirms

Lotos oil&gas company’s EGM acceptance for key asset relocation and sale, required for a planned merger with its peer PKN Orlen, will strengthen national energy security, a Polish deputy prime minister said on Thursday.

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History | Life

Zofia Posmysz: acclaimed writer and Auschwitz survivor laid to rest in Oświęcim

One of Poland’s major chroniclers of the Holocaust, Posmysz survived three years in German captivity to become an award-winning journalist and author.

The first report:

  • No evidence of illegal discharges into Odra says minister
  • Polish labour market in good shape says minister
  • Polish women's team wins silver medal at European rowing championships
  • Over 20 pct of young Poles want no children
  • World Bank to invest in Polish technology companies

Exclusive

Four tonnes of Nazi gold found in buried 18th century palace canister, say WWII treasure hunters

Measuring between 1.3 to 1.5 metres long and 50cm in depth, the cylindrical metal canister was found in the conservatory of an 18th century palace used by Hitler’s SS as a brothel.

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