Orlen's Czech unit Unipetrol protests windfall tax proposal

By Reuters News

Sept 29 (Reuters) - ORLEN S.A. PKN.WA:

  • ORLEN UNIT UNIPETROL: CZECH WINDFALL TAX PROPOSAL WOULD SIGNIFICANTLY UNDERMINE UNIPETROL'S ABILITY TO INVEST IN MODERNIZATION AND DEVELOPMENT OF ITS REFINERIES

  • ORLEN UNIT UNIPETROL: STABILITY OF FUEL SUPPLIES IN THE CZECH REPUBLIC, AS WELL AS THE COUNTRY'S ECONOMIC AND ENERGY SECURITY, COULD BE JEOPARDIZED AT A TIME OF HEIGHTENED GEOPOLITICAL TENSIONS

  • ORLEN UNIT UNIPETROL: PROPOSAL ALSO RAISES SERIOUS CONSTITUTIONAL CONCERNS, PARTICULARLY DUE TO ITS RETROACTIVE EFFECTS AND THE FACT THAT IT APPLIES TO ONLY A SINGLE COMPANY

Source text: [ID:]

Further company coverage: PKN.WA

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