Project Company
The Nord Stream offshore pipeline is operated by the special purpose company—Nord Stream AG. Nord Stream AG was incorporated in Zug, Switzerland on 30 November 2005. Shareholders of the company are the Russian gas company Gazprom (51% of shares), German gas companies Winthershall and E.ON Ruhrgas (both 15.5%), the Dutch gas company Gasunie (9%), and the French gas company GDF Suez (9%). The Managing Director of Nord Stream AG is Matthias Warnig and the chairman of the shareholders' committee is German ex-chancellor Gerhard Schröder.
Read more about this topic: Nord Stream
Famous quotes containing the words project and/or company:
“In 1869 he started his work for temperance instigated by three drunken men who came to his home with a paper signed by a saloonkeeper and his patrons on which was written “For God’s sake organize a temperance society.””
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“For I must tell you that we artists cannot tread the path of Beauty without Eros keeping company with us and appointing himself as our guide.”
—Thomas Mann (1875–1955)