Czerwiński: Poland may face fuel sector consolidation
15:19
Treasury Minister Andrzej Czerwiński said that Poland could eventually face the merger of its two fuel giants PKN Orlen and Lotos, but the decision will belong to the managements of the companies, the Polish Press Agency informed.
There will probably come a time for decisions on the consolidation of fuel groups," Czerwiński said. "Decisions in this respect will depend on the managements of those firms."
At the moment Poland is dealing with the consolidation of electrical energy and coal mining sectors, Czerwinski reminded. "We are seeing business consolidation related to market globalization."
