Karkosik enters fuel sector via purchase of Eurochem

The acquired venture specializes in the trade of LP Gas (LPG) and owns a terminal in the area of Polish-Russian border. "I am interested in the fuel sector. I wanted to take a closer look at it, therefore I had to invest," said Karkosik, but did not disclose the sum invested in the company. He went on to say that he plans to increase Eurochem's capital by several million złoty in the next few weeks. According to sector analysts, Eurochem currently controls 1-2% of the market but has a large potential. Rumors are that Karkosik might use Eurochem to purchase Ciech shares. The businessman however denies such plans. (Puls Biznesu, pp. 1, 8) A.K.