Grupa Lotos likely to compete with Slovnaft and Orlen to buy CRC Polska

Several other sector companies, including PKN Orlen and Slovnaft have also been unofficially named as being interested in buying the company. CRC Polska's representatives admit that the takeover will be conducted soon. "The transaction should be completed in March. I cannot reveal the names of the potential buyers yet," said the President of CRC Polska, Wojciech Jański. It seems, that from the point of view of Grupa Lotos, the main asset of CRC, lacking a sales network and storage space, will be its foreign business contacts, which would enable GL to strengthen its position in the region. (Puls Biznesu, p. 8) M.K.