News

Poland's biggest oil refiner PKN Orlen and number two player Grupa Lotos said on Thursday their management boards had approved plans for a merger first announced in 2018 but delayed by antitrust ...
The LOTOS Music Festival at the Delray Beach Tennis Center on Saturday — featuring a lineup of hip-hop icons led by Ice Cube and Bone Thugs-N-Harmony — will not happen. Again.
Polish oil company Orlen sold assets of peer Lotos for at least 5 billion zlotys ($1.24 billion) below their estimated value, the Polish audit office said on Monday, adding that it would call for ...
On Tuesday, NIK presented an audit report on the merger of Orlen and Lotos, both state-controlled companies, in 2022.Marian Banas said that for the merger to happen, Orlen, at the request of the ...
Lotos fell by more than 2 per cent on the Warsaw Stock Exchange on Thursday, when Budzanowski first made it clear that no rapid privatisation was in the offing, and continued to slump today ...
PKN Orlen announced plans to take over Lotos in 2018, but had to meet several conditions set by the European Commission, to complete the deal. The company agreed to sell some of Lotos' assets to ...
Poland Lost Money, Control in Orlen-Lotos Merger, Premier Says State-run Orlen bought Lotos under previous administration Tusk’s cabinet will look into all deals made by predecessors ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The sale of Lotos Group, Poland’s second-largest refiner, is plodding ahead, with the treasury ministry ...
WARSAW (Reuters) -Polish oil company Orlen sold assets of peer Lotos for at least 5 billion zlotys ($1.24 billion) below their estimated value, the Polish audit office said on Monday, adding that it ...