PKN Orlen considers acquisitions in Europe, including Germany - Obajtek
13:55
Energy giant PKN Orlen is in talks on potential acquisitions with partners in Europe, including Germany, said company President Daniel Obajtek. When asked if the concern was interested in taking control of the German refinery in Schwedt, as reported by the media, Obajtek said that PKN Orlen "is talking to many partners in Europe, also in Germany".
In September, Reuters reported that PKN Orlen is interested in taking a controlling stake in the Schwedt refinery that Germany has placed under trusteeship, effectively removing control from Russia's Rosneft. Back then, Obajtek did not comment on the potential deal.
(ISB News)