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Article: Polish press review 25/09/2006 - Companies & Business.
- Article from:
- Poland Business News
- Article date:
- September 25, 2006
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Polish press review 25/09/2006 - Companies & Business
WARSAW. SEPTEMBER 25. INTERFAX CENTRAL EUROPE - OIL&GAS: Financial Investors Eye Polish Refiner PKN Orlen's German Unit - Top refiner PKN Orlen will have no trouble finding buyers for its German fuel retail network, Orlen Deutschland. The buyers are likely to be financial institutions. The loss-making unit was acquired for USD 140 mln from BP in 2002. The network of 494 stations controls some 7% of the German market. The owner's target of a 10% market share has proved elusive, as the Polish firm was beaten to fresh acquisitions by rivals. [Parkiet]
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