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The Warsaw Voice » Business » June 6, 2018
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CEO on Orlen's plans
June 6, 2018   
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Daniel Obajtek
Listed refiner PKN Orlen will be the buyer in a pending merger between it and smaller rival Lotos, PKN Orlen CEO Daniel Obajtek insists. Pre-notification to the European Commission could begin within the coming weeks, he says. The EC could yet force PKN Orlen to sell some portion of its operations, he admits. The enlarged group would focus future growth to make up for the impact that the merger would have on the seats of the two firms, he said.
PKN Orlen will cover the cost of Poland's new fuel emissions surcharge without hiking retail prices, Obajtek reiterated. PKN Orlen could even win on the new surcharge as it produces petchem products used in the production of electric cars, he claimed.
PKN Orlen "does not currently have plans" to take part in Poland's nuclear project, Obajtek said.
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