Berlin to nationalize local subsidiary of Russian energy giant ...News

Russia Today - Economy
Berlin to nationalize local subsidiary of Russian energy giant
source : Russia Today ( News ) () 19
Rosneft’s German assets were placed under a trusteeship in September 2022 The German authorities are discussing nationalizing the local subsidiary of Russian state-controlled energy major Rosneft, which has been under a trusteeship since 2022, the company said on Thursday. The newspaper Handelsblatt reported, citing government sources, that a hearing that began on Monday marks the first step towards a formal expropriation procedure the government is seeking to carry out.  According to the Russian oil giant’s law firm, Germany’s Economy Ministry informed Rosneft earlier this week that it was considering expropriati

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