UNIPETROL, a.s.
The foundation of Unipetrol in 1994 represented the completion of one of the gradual conceptual steps in the privatisation of the Czech petrochemical industry. Unipetrol was meant to unite selected Czech petrochemical companies into a conglomerate that would be able to compete with strong international groups. Represented by the National Property Fund, the Czech state was the majority shareholder with 63 percent. The remaining shares were owned by investment funds and small shareholders. The original concept was that the state’s interest in the company should be privatised.
Kaučuk, Chemopetrol, Benzina, Paramo, Koramo, Česká rafinérská, Unipetrol Trade, Spolana and Unipetrol Rafinérie were gradually integrated into Unipetrol.Effective from 1 January 1996, refineries of Chemopetrol in Litvínov and Kaučuk in Kralupy were separated to be united within Česká rafinérská.
Contact Details
Executives
CFO and Vice Chairman
Wojciech Ostrowski
Spokesperson
Blanka Ruzickova