Skip to content
Advertisement

Business

Treasury to present plan for Grupa Lotos in two weeks

In two weeks Treasury Minister Piotr Czyżewski will present the Cabinet with his decision on privatizing Grupa Lotos, previously Rafineria Gdańska. "The government obliged the minster during Tuesday's session to take appropriate steps," announced Jan Ryszard Kurylczyk, Pomarania voivoid, according to whom the treasury minister has said that before making the crucial decision he would consult with Nafta Polska, Lotos's management and perhaps even the voivoid himself. The minister announced that in the framework of Grupa Lotos he plans to consolidate three southern refineries. It is unofficially known that during Tuesday's presentation the minister drew up five options for privatizing Lotos. Among these is a plan to sell Lotos to the PKN Orlen-Rotch Energy consortium, and to create a competitive refinery-distribution centre around Lotos. The minister reiterated that Hungarian oil concern MOL remains an official bidder for Lotos. (Puls Biznesu, p. 7) A.C.

More from Business All