PKN Orlen acquired Česká Rafinérská

PKN Orlen's subsidiary Unipetrol has finalized the takeover of a 32.45 percent stake in Česká Rafinérská from Italian ENI, Orlen announced. "Unipetrol acquired a block of shares representing 32.445 percent of the company's share capital, which, in addition to shares already owned, means that Unipetrol now holds a 100 percent stake," a press release read. The value of the transaction stood at €24 million. Upon finalizing the takeover, Orlen signed another annex to the agreement with its supplier Rosfnet Oil Company increasing the volume of oil delivered to Unipetrol RPA by 120,000 metric tons a month.