Germany begins privatization of former Gazprom unit Sefe
Germany is starting the privatization of Sefe, the former Gazprom division seized after the 2022 invasion. The company aims to raise up to 2 billion euros.
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The government of Germany is set to begin the privatization of the energy unit formerly owned by GAZPROM PJSC, which was seized by Berlin following the 2022 invasion of Ukraine by Russia. The division, now known as Sefe, was taken under federal trusteeship to ensure the stability of the nation's energy supply during the onset of the conflict.
