PKN Orlen gets a nasty surprise from Agrofert

This might be a serious cost for Orlen if the stance of Agrofert was upheld by the court of arbitration in Prague, as last year the Polish oil concern only created reserves of zl.376 million for this purpose. So far Agrofert has submitted three lawsuits to the arbitration court, but it also plans to submit a fourth one. The new claim will concern lost benefits as, "PKN purchased Unipetrol for CZK 11 billion, while the company is currently worth CZK 40 billion," said Andrej Babis. Representatives of Orlen refused to comment on the information by referring to the fact that the concern never comments on press reports. (Parkiet, p. 9) M.M.