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2010-09-14 00:00:00
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Orlen the Polish oil and gas giant has soon its ambitions by targeting a take over’s in the Czech republic. CeeIndustrial believes that Orlen will be looking at possibilities in Czech to buy Gas stations and also looking to buy a share in a refinery.
Orlen would like to strengthen its market position in the Czech Rep, which it currently operates in under the Unipetrol brand. And the timing seems right as Shell is planning to back out of the market. But the strategy currently seems to be more of a hunt for a good buying opportunity’s than a concrete long-term plan.
CeeIndustrial believes Orlen has further ambitions to strengthen its business in Slovakia, Hungary and the Ukraine.
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