PKN Orlen cashes in on Lukoil deal

Poland’s largest fuel holding, PKN Orlen signed a contract with fuel retail Lukoil Polska worth PLN 1.55 billion, the company said in a statement on Friday.

Cineworld acquires Cinema City

Warsaw Stock Exchange-listed Cinema City International signed a preliminary agreement to sell its movie theater business to UK sector firm Cineworld Group, the company said in a statement on Friday.

Privatization brings PLN 4.4 billion in 2013

Privatization proceeds amounted to PLN 4.4 billion in 2013 and proceeds from dividends in state-owned companies stood at PLN 6.4 billion, Poland’s Treasury Ministry told the Polish Press Agency on Wednesday. The government had earlier set the privatization revenue target for 2013 at PLN 5 billion. T...