Polish petrochemical giant PKN Orlen eyes new deals in Czech Republic.

By bne IntelliNews September 17, 2010
Polish petrochemical concern PKN Orlen, which controls 63% in Czech largest petrochemical group Unipetrol, is reportedly looking for new acquisitions in the country, PAP Market Insider reported. The objective of PKN Orlen is to strengthen its market position in the Czech Republic, as global energy group Shell was planning to withdraw from the market. In particular, PKN Orlen is eyeing fuel stations or a stake in a refinery.

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