Published 1 year ago

Uniper posts €40 billion loss as Russia throttles gas supply

Summary by Bloomberg

Uniper reported one of the biggest losses in German corporate history, with Russia’s stranglehold on gas supplies leaving the giant utility struggling to survive.

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Reuters

'Massive scars': Germany's Uniper posts record 40 bln euro net loss

Soon-to-be-nationalised gas importer Uniper reported a record 40 billion euro ($39.3 billion) net loss in the first nine months of this year, the biggest in German corporate history, after Russia stopped its supplies.

1 year ago·United Kingdom

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Irish Independent

Germany's Uniper posts record €40bn net loss

Soon-to-be-nationalised gas importer Uniper reported a record €40bn ($39.3bn) net loss, among the biggest in German corporate history, reflecting expected future losses in the wake of Russia's move to stop its supplies.

1 year ago·Ireland

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RTÉ

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.

1 year ago·Ireland

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IBTimes

'Massive Scars': Germany's Uniper Posts Record 40 Billion Euro Net Loss

Soon-to-be-nationalised gas importer Uniper reported a record 40 billion euro ($39.3 billion) net loss, among the biggest in German corporate history, reflecting expected future losses in the wake of

1 year ago·United States

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Sueddeutsche Zeitung

Energy: Uniper loses 40 billion

In view of the enormous costs of replacing missing Russian gas supplies, the energy company is making one of the largest net losses ever reported worldwide.

1 year ago·Munich, Germany

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The Epoch Times

'Massive Scars': Germany's Uniper Posts Record 40 Billion Euro Net Loss

FRANKFURT/DUESSELDORF—Soon-to-be-nationalized gas importer Uniper reported a record 40 billion euro ($39.3 billion) net loss in the first nine months of this year, the biggest in German corporate history, after Russia stopped its supplies. The loss further highlights how Russia’s decision to sever a decade-long supply relationship with Europe, most notably Germany, is impacting the continent’s energy sector, with Uniper the crisis’ biggest corpo…

1 year ago·New York, United States

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