PKN Orlen to acquire Polska Press from Verlagsgruppe Passau.

PKN Orlen, a state-controlled Polish refiner, agreed to acquire Polska Press, regional newspaper publisher, from Verlagsgruppe Passau, a German publisher of regional daily newspapers. Financial terms were not disclosed. "Based on Sigma Plus we have built from scratch a professional media agency that is steadily growing its customer base including commercial accounts. Our acquisition of RUCH will make it easier for us to enter the market of new sales points and develop our e-commerce services. The access to 17.4m users of websites managed by Polska Press will effectively strengthen sales across the entire ORLEN Group, optimise marketing costs and enable further expansion of big data tools. Our efforts are consistent with PKN ORLEN’s new strategy until 2030 and are set to effectively support a rapid growth of our retail network," Daniel Obajtek, PKN ORLEN CEO. On April 12, 2021, a court in Warsaw suspended the approval of PKN Orlen’s takeover of Polska Press. On June 8, 2022, Polish court rejects appeal against PKN Orlen's Polska Press takeover.