PKN Orlen reverses PLN 987 mln impairment

Fuel giant PKN Orlen has decided to reverse PLN 987 mln impairment tied to investments in the company’s upstream assets in 2018 financial report, the company said. The reversal will boot Orlen’s standalone result but not impact consolidated EBITDA for 2018. The reversal resulted from a re-evaluation of investments in Orlen Upstream Group that followed…

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