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Uniper's Kirchmoeser natural gas power plant in Brandenburg

European Commission clears Germany's Uniper bailout

The European Commission has approved Germany's €34.5 billion plan to recapitalise German natural gas trader Uniper, subject to future state divestment, management pay and acquisitions.

Business • 21 Dec 22

Russia's Gazprom was once Uniper's biggest supplier of gas

Investors in Uniper vote in favour of state bailout

Shareholders in Uniper have today approved a state bailout that has so far cost the German government more than €50 billion, paving a way for a de facto nationalisation of the struggling gas giant.

Business • 19 Dec 22

Uniper's €40 billion net loss is among the biggest in German corporate history

Gas importer Uniper reports record €40 billion net loss

Soon-to-be-nationalised gas importer Uniper has today unveiled a record €40 billion net loss, among the biggest in German corporate history, reflecting expected future losses in the wake of Russia's move to stop supplies.

Business • 03 Nov 22

Uniper has switched off all devices and lamps in 50% of its office space in Duesseldorf

Uniper shuts down 50% of headquarters to save gas

German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas, it told Rheinische Post today, as it struggles to stay afloat even after being nationalised.

Business • 24 Oct 22

A Uniper natural gas storage facility in Germany

Germany nationalises gas importer Uniper

Germany has agreed to nationalise Uniper by buying Fortum's stake in the gas importer, the three involved parties said today.

Business • 21 Sep 22

Uniper is Germany's largest importer of Russian gas

Germany close to nationalising gas company Uniper

Germany is nearing a nationalisation of gas importer Uniper in the wake of an energy crisis that has left the government of Europe's top economy with few other options to keep its industry going.

Business • 20 Sep 22