PKN Orlen general director Igor Chalupec said last week that the European Commission would make a decision on the Polish oil company acquiring a stake in Mazeikiu Nafta no later than the first quarter of 2007, reported Interfax.
“This is a formalised process during which a great deal of information and proof must be handed over to the European Commission so that the merger of two companies will not become a monopoly on European markets where they work. This could require several months,” Chalup...
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