PKN Orlen sets its sight on Slovenia's energy giant

"The Slovenian market fulfills the criteria which are part of our strategy," said Orlen's president, Igor Chalupec. Petrol is the largest Slovenian company in the energy sector, focusing on the distribution of petrol, gas and electricity. The Slovenian state controls 28% of Petrol's capital, the rest is presently being floated on the stock exchange in Slovenia. Representatives of Petrol did not want to comment on the alleged news. "It is true we need a strategic partner, however the decisions on this issue are up to the owners," said PR manager at Petrol, Aleksander Salkic. Other European sector players which are interested in the acquisition of Petrol are Hungary's MOL, Austria's OMV, and Russia's Lukoil. (Parkiet, p. 1) A.K