There was an old adage during the gold rush that the guy running the grocery shop and the saloon made a killing, while prospectors lost their shirts. It seems that the same principle applies to the humbler world of road building and asphalt supplies.
As the dust settles on Poland’s ambitious road building programme it turns out that somebody did make money on building hundreds of kilometres of new highways. It just wasn’t the people building the roads, but the companies making the asphalt – Poland’s two largest refiners, PKN Orlen and the Lotos Group. Continue reading »