• 2009 February 5 08:49

  9.98% of shares in Mazeikiu Nafta to be offered to Poles in a fortnight

  

  The Government of Lithuania intends to propose the Polish concern PKN Orlen to purchase the remaining shares in Mazeikiu Nafta in a fortnight.

  This information was confirmed by Economy Minister Dainius Kreivys after the Wednesday meeting with the members of the board of directors of PKN Orlen and Mazeikiu Nafta CEO Marek Mroczkowski.

  The Poles will have to pay 284.45 million US dollars (over 700 million litas) for the remaining shares (9.98%) of the company, reports ELTA.

  The Government plans to forward these finances into the Stabilization Fund.

   

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