Business

18 European companies have already withdrawn from the Nord Stream 2 project

Insurance companies massively refuse to help build the pipeline





At least 18 European companies have already withdrawn or have pledged to end their participation in the controversial Nord Stream 2 pipeline project following the expansion of US against .

This was reported by the German newspaper Tagesspiegel with reference to the report of the US Secretary of State to Congress.

These companies included the German industrial and construction services provider Bilfinger from Mannheim and the insurer Munich Re Syndicate Limited.

Basically, we are talking about insurance companies with headquarters mainly in the . In addition, the list includes Zurich Insurance Group and Paris-based Axa Group.

Recall that in mid-January, the Swiss insurance company Zurich Insurance refused to participate in Nord Stream 2 due to the risk of falling under new US sanctions.

It was also reported that in September 2020, other leading international insurers refused to work with Nord Stream 2.


Google News

Leave a Reply

Your email address will not be published. Required fields are marked *