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Central Europe
March 23, 2018 www.intellinews.com I Page 15
ity shareholders and would thus enjoy the right to squeeze out any other shareholders before taking the company off the exchange. Unipetrol will be a key asset as largest Polish refiner Orlen pursues its government-backed plan to merge with second largest Polish refiner Grupa Lotos.
After the explosion, Unipetrol confirmed the incident on its Twitter account but refrained from commenting on the casualties, which rescue officials said included two people with severe injuries. There was no fire after the explosion and situation was under control with no threat
to local residents, Unipetrol said.
Both ground crews and rescue helicopter teams were dispatched to the incident by Central Bohe- mia Rescue Services.
Caretaker Czech Prime Minister Andrej Babis tweeted his sympathies from Brussels where he was meeting with Nato’s secretary general. “I have just this moment read a tragic report of six dead at a chemical site in Kralupy nad Vltavou. I wish to express my profound sympathies to the bereaved,” the tweet read. Babis has plenty of experience
in the world of oil and chemicals. He became a billionaire after founding agrochemicals holding Agrofert. Agrofert once failed in an attempt at tak- ing over key assets of Unipetrol and fought several rounds of arbitration with Orlen over whether those assets had been pledged to it or not by the Polish company prior to its Unipetrol privatisation win.
Unipetrol had been preparing the Kralupy produc- tion site for maintenance and an upgrade sched- uled to run from March 27 to May 9. The refinery has an annual capacity of 3.2mn tonnes of oil.
April 19–20, 2018, London
VII Cbonds Emerging Markets Bond Conference
About the event
Cbonds Emerging Markets Bond Conference is the established annual meeting place for anyone involved in EM bond market! Bringing together over 200 attendees annually, it is the only event where you can take part in engaging discussions, hold productive meetings and establish new contacts with a wide range of EM investors.
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The main topics:
• Global macro & fixed income panel; • Institutional investors panel;
• DCM panel;
• Special sections: Latin America, Middle East, Africa, Russia, Ukraine, CIS and Caucasus region states
Contacts
Sponsorship:
Sergey Zobov: szobov@cbonds.info, +7 (812) 336-97-21 *103
Participation:
Ksenia Ardelyan: ka@cbonds.info +7 (812) 336-97-21 *132