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PKN / MAZEIKIU

M.4348

PKN / MAZEIKIUPKN / YUKOS / MAZEIKIU
November 6, 2006
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

COMP/M.4348 ñ PKN/ MAZEIKIU

SECTION 1.2

Description of the concentration

On 29/09/2006 August 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which Polski Koncern Naftowy Orlen S.A. ("PKN", Poland) acquires within the meaning of Article 3(1)(b) of Council Regulation (EC) No. 139/2004 sole control of the undertaking AB Maûeikiu Nafta and of its subsidiaries ("Mazeikiu", Lithuania) by way of purchase of shares.

The business activities of the undertakings concerned are:

• for PKN: refining of crude oil and other intermediate feedstock for sale, at ex-refinery/cargo, non-retail and retail levels, of refined products, petrochemicals and chemicals;

• for Mazeikiu: refining of crude oil and other intermediate feedstock for sale, at ex-refinery/cargo, non-retail and retail levels, of refined products.

EUC

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