PGNiG has a green light to acquire Bartimpex and Gas-Trading
12:32
Polish antimonopoly watchdog UKOiK has allowed PGNiG and its subsidiary Gas Assets Management (GAM) to take over Bartimpex and Gas-Trading, the office reported.
The transaction "will not cause a significant limitation on competition," UOKiK said in a statement.
Bartimpex specializes in holding management, as does GAM. Besides that, Bartimpex produces alcohols and biofuels. Gas-Trading has a 4 percent share in EuRoPol Gaz, the owner of the Polish part of Jamał-Europa gas pipeline.