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:
“Indigenous to Minnesota, and almost completely ignored by its people, are the stark, unornamented, functional clusters of concrete—Minnesota’s grain elevators. These may be said to express unconsciously all the principles of modernism, being built for use only, with little regard for the tenets of esthetic design.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“It has lately been drawn to your correspondent’s attention that, at social gatherings, she is not the human magnet she would be. Indeed, it turns out that as a source of entertainment, conviviality, and good fun, she ranks somewhere between a sprig of parsley and a single ice- skate. It would appear, from the actions of the assembled guests, that she is about as hot company as a night nurse.”
—Dorothy Parker (1893–1967)