Nord Stream 2 AG Does Not Confirm Reports of Starting Bankruptcy Proceedings

Mar 2, 2022 | EARNINGS

The company, which was supposed to operate the pipeline capable of pumping 55 million cubic metres of gas from Russia to Germany, only fired all of its personnel due to EU sanctions slapped on it. The project was put on ice by German authorities in response to Russia starting a special operation to demilitarise and “de-Nazify” Ukraine.

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