June 26, 2017 8:01 PM ET

Oil, Gas and Consumable Fuels

Company Overview of GAZPROM Germania GmbH

Company Overview

GAZPROM Germania GmbH, through its subsidiaries, engages in the storage, trading, and transportation of natural gas. The company develops, coordinates, and invests in natural gas storage projects in Europe. It trades and exports natural gas to Germany, the former Soviet Union countries, Australia, Turkey, Poland, France, Hungary, the United Kingdom, Italy, Serbia, Czech Republic, and Slovakia; and spot markets and South-East Asian liquefied natural gas markets in the United Kingdom. The company also invests in a network of natural gas filling stations in Germany, Czech Republic, and Slovakia. It serves municipal and regional utilities, industrial customers, automotive industries, and power s...

Markgrafenstraße 23

Berlin,  10117

Germany

Founded in 1990

Phone:

49 30 20195 0

Fax:

49 30 20195 313

Key Executives for GAZPROM Germania GmbH

Managing Director
Head of the Administration of the Management Committee
Age: 61
Senior Managing Director
Senior Managing Director
Age: 47
Department Head and Member of Supervisory Board
Compensation as of Fiscal Year 2016.

GAZPROM Germania GmbH Key Developments

Gazprom Germania to Lay Off Some Employees

Gazprom Germania is planning to lay off an unspecified number of employees. The layoff will be in Germany. The company will lay off the employees for creating synergies and getting rid of redundant structures.

Gazprom Germania Shuts Down Gas Storage Project in UK

Gazprom Germania announced that the project to build the Saltfleetby gas storage facility in the UK has been shut down for good. The company said in a report that, due to the situation on the natural gas storage market in the UK, a decision was made on October 31, 2014 to halt this project, remove remaining buffer gas from the facility and dismantle equipment. The decision to close the project resulted in write-downs of 37.7 million on the equity accounted carrying amount of Wingas Storage UK Ltd, a joint venture between Wingas Storage and ZMB Gasspeicher Holding GMBH.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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