Gazprom abandoned its subsidiary in Germany
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In 2019, the consolidated turnover of the Gazprom Germania Group amounted to 24 billion euros, in 2020 – 13 billion euros.
Gazprom ceased participation in its German subsidiary Gazprom Germania GmbH and all of its assets. About this Russian gas monopoly reported on Friday, April 1st.
“On March 31, the Gazprom Group terminated its participation in the German company Gazprom Germania GmbH and all its assets, including Gazprom Marketing & Trading Ltd,” the report says.
It is known that the Gazprom Germania group includes the distributor Wingas/Wiee, the storage operator astora. The Gazprom Marketing & Trading group also includes the retail operator Gazprom Marketing & Trading Retail Ltd. (Gazprom Energy brand) and the global LNG trader Gazprom Global LNG.
In 2019, the consolidated turnover of the Gazprom Germania Group amounted to 24 billion euros, in 2020 – 13 billion euros.
The day before, the German newspaper Handelsblatt wrote that the authorities Germany are considering nationalization German subsidiaries owned by Gazprom and Rosneft in the event of a cessation of energy supplies from the Russian Federation.
Also this week searches were reported in the offices of Gazprom in Germany. The German subdivisions of Gazprom have come under the scrutiny of EU antimonopoly regulators.
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