In May, a company was created in Germany in case of nationalization of Gazprom Germania
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The German government has secretly set up a holding company to handle a possible nationalization of Securing Energy for Europe (Gazprom’s former German subsidiary Gazprom Germania GmbH), sources say. Welt. The Ministry of Economy of Germany confirmed that he was aware of the creation of the company.
“This was prepared in May 2022 solely as a precautionary measure for any restructuring measures,” a spokesman for the ministry told the newspaper. As Welt notes, the managing directors of the created company are two lawyers from the division of the international law firm CMS.
Gazprom has ceased to control its German subsidiary since April 1. After that the company was transferred under the control of the Federal Network Agency. According to Bloomberg, German Chancellor Olaf Scholz in June refused to completely nationalize the German subsidiary of Gazprom in order to avoid escalation.
On the attempts of the Federal Republic of Germany to reduce dependence on Russian energy resources – in the material “Kommersant” “Olaf Scholz produces gas in Canada”.
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