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Saturday, 19.04.2014, 10:03
Estonia’s oil product terminals' operator Vopak E.O.S. announced that due to the complicated business environment, it will start cutting its general expenditures and also the number of employees, LETA/Postimees Online reports.
Keyword tags: Employment, Energy, Estonia, Oil, Transport
Lithuania's Prime Minister Algirdas Butkevicius claimed he had not heard anything about the intentions of the Polish company PKN ORLEN to sell petroleum refining company ORLEN Lietuva on his visit to Mazeikiai-based company on Monday, cites LETA/ELTA.
The most difficult period in the entire history of the company. Almost 100 people are planned to be dismissed and an emergency plan is prepared. Mazeikiai-based petroleum refining company ORLEN Lietuva uses only 60% of its capacities, writes LETA/ELTA, referring to Lietuvos rytas.
On Monday, Prime Minister Algirdas Butkevicius visited Mazeikiai-based petroleum refining company Orlen Lietuva, which is experiencing its most difficult time. During his visit, it was said that according to PKN ORLEN concern, it was necessary that both the Lithuanian government and other public legal entities in cooperation with Orlen Lietuva would take immediate decision to allow the company to continue its activities, informs LETA/ELTA.
On Monday Prime Minister Algirdas Butkevicius will visit Mazeikiai-based petroleum refining company Orlen Lietuva, which is preparing an emergency plan and intends to make about 100 its employees redundant, LRT.lt said.
After a long delay, Estonia's state-owned energy giant Eesti Energia has finally managed to get its shale oil factory to work in a stable way, LETA/Äripäev.ee reports.
The Poland-based oil company Polski Koncern Naftowy ORLEN (PKN ORLEN), informed that on April 8, 2014, international ratings agency Fitch Ratings assigned PKN ORLEN a national rating of 'A- (pol)' for planned by the company issue of the Series F bonds, within the public bond issue program, PKN ORLEN said in a statement, cites LETA.