Unipetrol - transformation of Ceska Rafinerska to cost center is still facing problems

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Investiční bankovnictví KB

      Transformation of Ceska Rafinerska to a cost center is still facing some problems. According to weekly Euro, finance is the key issue, which should be discussed on EGM on 11 March. Ceska Rafinerska and IOC want Unipetrol to contribute CZK 3.5bn, while Unipetrol is prepared to commit only CZK 2bn.

       According to weekly Euro, both sides are willing to come to an agreement. However, we see the news on improving refinery margins and return to profit of Ceska Rafinerska as more important for Unipetrol.

      

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.