TravelTill

Economy of Mazeikiai


JuteVilla
Mažeikių Nafta to Yukos. After Yukos' bankruptcy, the Lithuanian government and Polish company PKN Orlen signed a sale agreement of Mažeikių Nafta in 2006. Also Yukos International UK B.V. signed a sale agreement with PKN Orlen, selling its Mažeikių Nafta shares to the Polish company. The buyout was finalized on 15 December 2006, with USD 1,492,000,000 being paid by PKN Orlen to Yukos International, and USD 851,828,900.31 to the Lithuanian Government.
JuteVilla