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Will PKN Orlen and Grupa Lotos be merged together?

According to NP, this could become the strategy for the whole sector. The key element of the plan is the relationship between the two largest domestic players in the sector - PKN Orlen and Grupa Lotos. "We are pointing out the pluses and the minuses of the consolidation of both firms. In short, the largest beneficiary of this merger would be Orlen. However, in terms of market competitiveness and fuel prices, the merger could become quite a threat," said one of NP's managers. The spokesperson for the Treasury Ministry, Marcin Mazurek, said that the document will be analyzed. According to unofficial statements from representatives of Orlen, the company does not include a merger with Lotos in its strategy. Opinions concerning the potential merger and consolidation of the sector vary among the analysts. They are all sure, however, that no binding decision will be made this year. (Puls Biznesu, pp. 1, 4) A.K.

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