Nationalization plans for Gazprom Germania – Muricas News

In line with a preliminary report within the newspaper world on Sunday the German federal authorities based a holding firm so as to have the ability to nationalize the German subsidiary of the Russian state-owned firm Gazprom within the quick time period. The previous Gazprom Germania, which has since been renamed Securing Vitality for Europe GmbH (SEFE), has to date been below the trusteeship of the German Federal Community Company.

In line with the preliminary report, an current shelf firm was renamed Securing Vitality for Europe Holding GmbH SEEHG in June. It's liable for investments and may guarantee safety of provide within the power sector, the paper quotes from the shareholder settlement that it has. The preliminary report additionally states that two attorneys from the legislation agency CMS Hasche Sigle are the managing administrators.

CMS Hasche Sigle declined to touch upon the report, citing confidentiality obligations. The German Ministry of Financial Affairs acknowledged that it was conscious of the holding firm and that its creation was a precautionary measure for any restructuring measures.