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PKN all-in: Poland's quest to create a national champion
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
More than two years on from announcing its intention to purchase the Polish State Treasury’s shareholding in rival company Grupa LOTOS, PKN Orlen has received the green light from the European Commission (EC) for the takeover. However, the consent, which follows an in-depth investigation, comes with several conditions. Although the majority of these should be fairly simple to meet, the merger may hinge on PKN's ability to find a buyer for the 30% stake in the Gdansk refinery.
Table of contents
- Refining – a good deal for PKN
- Refinery profitability
- Fuels retail - relinquishing forecourts but not control
- Summary
Tables and charts
This report includes the following images and tables:
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2018 Net Cash Margin US$/bblService stations vs retail fuel market share at end 2019
What's included
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