German World News: The German government almost 100%holds the largest natural gas import company to save the end of the collapse industry

Author:China Well -off Time:2022.09.23

China Well -off. September 22. The old Malaysian Federal Government will adopt unprecedented measures to nationalize the energy giant Uniper in order to help the country's largest natural gas importing country and avoid the collapse of the German energy sector this winter.

Welt Economic Reporter Philipp Vetter explained natural gas surcharge

The German World News reported that the Finnish parent company Fortum Oyj announced that the federal government will injection of 8 billion euros to Dusseldorf's public institution through the capital increase of 1.70 euros per share.After Russia cut off its natural gas supply to Europe, UNIPER lost millions of euros per day.

According to Fortum, which has a majority equity of the Finnish government, as part of the transaction, the federal government will have a total equity of about 78% of Fortum at a price of about 500 million euros.After the transaction is completed, the German government will hold about 98.5% of Uniper's shares.

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