The Office for the Protection of Competition approved transaction in Ceska
19-12-2014   

Unipetrol welcomes the decision of the Office for the Protection of Competition regarding transaction in Ceska rafinerská. The decision is not yet effective.

Transaction is an opportunistic acquisition with the aim to gain full control over decisions in Česká rafinérská, especially in the area of capital investments. The completion of transaction will also increase security of feedstock supplies for Unipetrol’s petrochemical business development.
Unipetrol currently owns 67.555% of the Česká Rafinérská’s share capital after acquisition of Shell’s shareholding interest at the beginning of 2014. 

After completion of the transaction, Unipetrol shareholding interest will increase to 100%, making Unipetrol the sole shareholder of the Česká Rafinérská.

ČESKÁ RAFINÉRSKÁ, a.s. operates refineries in Litvínov and Kralupy, currently the only two running refineries in the Czech Republic.

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