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:
“Although I mean it, and project the meaning
As hard as I can into its brushed-metal surface,
It cannot, in this deteriorating climate, pick up
Where I leave off.”
—John Ashbery (b. 1927)
“Whether lawyer, politician or executive, the American who knows what’s good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)