Orlen's Czech unit Unipetrol protests windfall tax proposal

By Reuters News

- 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

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk