Poland Sees Impact of Windfall Tax on Orlen at PLN6b: Minister

The windfall tax will affect companies that trade oil and the bill should be ready by end-June, State Assets Minister Wojciech Balczun says in Radio Zet interview.

• There aren’t “too many” such firms
• “We assume that such tax from Orlen’s perspective may mean more or less 6b zloty”
  • Another “market participant” may pay 60m-200m zloty of the windfall tax, Balczun says, declining to name the company
• Separately, the minister says Orlen will pick management for another term in first week of June
• NOTE: Unimot Falls, Orlen Rises as Poland Reveals Windfall Tax Details
• NOTE: Poland to Impose Windfall Tax ...