Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.
orlen
Profits plunge 96% at Polish state energy giant Orlen, prompting opposition criticism
The firm rejected such criticism, arguing it “has posted robust operating performance” in a difficult macroeconomic environment.
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Orlen is buying hundreds of local newspapers and websites from their German owner.
Polish state energy giant buys hundreds of local media outlets from German owner
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Shares of six state-owned companies fell to their lowest ever prices
