Until a month ago, it seemed like a merger Orlen With A lotus is basically a formality. At the general meeting of the Lotos group, the idea was voted for, taking into account the remedial measures required by the European Commission. On November 12, new information appeared, which shows that companies need a little more time, although Orlen assures that the merger schedule is not to be changed.
The European Commission has postponed the submission of countermeasures until January 14, 2022. The formal completion of the merger process of PKN ORLEN and LOTOS will take place in accordance with the schedule in the first half of 2022
– on w the latest PKN Orlen announcement. The new date is to result from the need to finalize the negotiation process with partners with whom talks are held regarding the implementation of the so-called countermeasures. It is about antitrust activities. Orlen must sell some of the company’s assets before the merger. It is as much as 30 percent. refineries, 80 percent its stations and part of its logistics infrastructure.
Our goal is to choose business partners who will guarantee energy security and dynamic development of the connected companies. We are at the last straight stage leading to the signing of contracts with partners.
– said the president of PKN Orlen, Daniel Obajtek, quoted in the release. As underlines Onet There are simply no people willing to buy at the price proposed by Orlen.
Obajtek’s position is weakening
According to the portal, there is growing concern in PiS about the lack of results of Daniel Obajtek’s work. Law and Justice recently summoned the head of Orlen to the rug, where he had to explain his progress wash. However, the position of the former mayor of Pcim has allegedly been weakening for months. Doubts related to Obajtek’s property, which were repeatedly described by Gazeta Wyborcza, were supposed to have contributed to this.
As calculated by Wirtualna Polska, the president of Orlen is the owner or co-owner of, among others hotel, a palace, three houses, two apartments, an apartment and almost 19 hectares of land. The portal’s journalists estimated the entire property of the Obajtek family at PLN 35 million. And it’s only within themselves real estate.
It was the merger of Lotos with Orlen that was to save his skin. At the time, Obajtek argued that the media “attacks” were to lead to the failure of the merger, and that the script was written in Cyrillic.