EU approves takeover of Poland’s Lotos by PKN Orlen
Following the completion of the deal, the Polish State Treasury would own a 35% stake in the new group.

Following the completion of the deal, the Polish State Treasury would own a 35% stake in the new group.
The decision follows Russia suspending gas supplies to Poland in April after the latter rejected to pay for gas in…
The move by the two countries follows discussions with the European Union.
The sanction-hit subsidiaries of Gazprom Germania are based in countries that enforced ban on Russia.
The 508km pipeline has been built with an investment of $528.4m
Ten undisclosed European companies have opened accounts with Russia’s Gazprombank to make payments in rubles.
ByThe suspension of the gas supplies comes as the two countries refused to make payments to Russia in rubles.
The latest move by Italy comes as Western sanctions on Russia threaten to disrupt the gas flow.
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