The management company of the Nord Stream 2 pipeline has declared bankruptcy

The management company of the German-Russian gas pipeline Nord Stream 2based in the Swiss canton of Zug, filed for bankruptcy and fired its 106 employeesannounced tonight Sylvia Talman-Guth, the canton’s financial affairs officer, in an interview on public television.

«We were informed today that this company could not continue“, Said Talman-Gut. «She was forced to file for bankruptcy and her employees received their dismissal letter“, She explained speaking to the SRF channel, broadcasts APE BPE.

It is pointed out that the United States imposed last week sanctions against Nord Stream 2 AG, following the recognition of the two breakaway republics of Donbass by Russia, a preamble to Russian invasion of Ukraine. A wave of Western economic sanctions followed.

Source: News Beast

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