Russia’s Gazprom exits German business amid row over pricing
The company reported it experienced terminated its participation in Gazprom Germania and all of its property, which includes Gazprom Advertising and marketing & Investing. It provided no further more facts or rationalization.
German enterprise everyday Handelsblatt reported on Thursday that the German economic climate ministry was taking into consideration expropriating the Gazprom and Rosneft units in the nation amid worries about the stability of vitality provides.
Gazprom Germania is centered in Berlin and its only shareholder is Gazprom Export, a wholly owned subsidiary of Gazprom.
The German entity has subsidiaries such as in Switzerland and the Czech Republic.
It lists its major business parts as storage, buying and selling, and supply of gasoline as a gasoline for street transportation and shipping and delivery, with a community of filling stations in Germany and the Czech Republic.
