Risk from grey market expansion

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Risk from grey market expansion

− in recent years, Poland has seen an increase in illegal trade, especially of diesel oil and gasoline, which significantly affects the LOTOS Group’s sales. According to the Polish Organization of Oil Industry and Trade (POPiHN), the resulting losses to legitimate businesses may continue to grow. Whether the situation improves will depend chiefly on new legal regulations, which are now being developed by the government. The legislative work is being supported by POPiHN, in which we are working with the other member companies to support and fund initiatives aimed at supplying market data and analyses that could later be used to assess the size of the grey market and the associated risks.