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Unipetrol Group’s structure changes

18-11-2015  

UNIPETROL, a.s. (“Unipetrol”) informs that on 18 November 2015 a project of merger by amalgamation of UNIPETROL RPA, s.r.o. (“UNIPETROL RPA”) and BENZINA, s.r.o was published in the Commercial Bulletin. After the required 30 days period the merger shall be approved by the companies’ General Meetings. 
 
The merger is part of the process of streamlining of Unipetrol Group’s structure which is currently expected to be finished during first half 2016.
 
Within the process the holding company Unipetrol shall keep selected corporate functions, the rest of the functions and employees shall be transferred to UNIPETROL RPA which shall create the integrated operational core of Unipetrol Group. Further organizational changes in the Unipetrol Group structure are going to be made.
 
The aim of the streamlining process is to simplify the organizational and administrative structure of Unipetrol Group which shall bring savings and further improvement in business operational excellence.
 

In Prague, 18 November 2015
UNIPETROL, a.s.
Regulatory announcement No. 27/2015
 
 

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