Nord Stream AG
From Wikipedia, the free encyclopedia
| Nord Stream AG | |
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| Type | Joint stock company |
| Founded | 30 November 2005 |
| Headquarters | Head Office: Zug, SwitzerlandBranch office:  Moscow, Russia |
| Key people | Matthias Warnig (Managing Director) Gerhard Schröder (Chairman of the Board) |
| Industry | Energy |
| Products | Nord Stream pipeline construction and operation |
| Employees | 70 (2006) |
| Parent | Gazprom (51%) Wintershall (20%) E.ON Ruhrgas (20%) Gasunie (9%) |
| Website | http://www.nord-stream.com/ |
Nord Stream AG is a consortium for construction and operation of the planned Nord Stream submarine pipeline between Vyborg in Russia and Greifswald in Germany. The consortium was incorporated in Zug, Switzerland on 30 November 2005. The original name of company was the North European Gas Pipeline Company. The company was renamed to Nord Stream AG on 4 October 2006.
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[edit] Shareholders
The shareholders of Nord Stream AG are:[1][2]
- Gazprom - 51%
- Wintershall - 20%
- E.ON Ruhrgas - 20%
- N.V. Nederlandse Gasunie - 9%
[edit] Shareholders committee
On 30 March 2006, the shareholders committee of Nord Stream AG held its first meeting. The members the committee are:
- Gerhard Schröder, former Chancellor of the Federal Republic of Germany -Chairman of the Committee
- Alexei Miller, Chairman of the Board of Executive Directors of OAO Gazprom
- Alexander Medvedev, Deputy Chairman of the Board of Executive Directors of OAO Gazprom and Director-General of OOO Gazprom Export
- Vlada Russakova, member of the Board and Head of Strategic Development at OAO Gazprom
- Eggert Voscherau, Deputy Chairman of the Board of Executive Directors and Director of Personnel of BASF AG
- Reinier Zwitserloot, Chairman of the Management Board of Wintershall AG
- Dr. Burckhard Bergmann, member of the Management Board of E.ON AG and Chairman of the Management Board of E.ON Ruhrgas AG
- Hans-Peter Floren, Chairman of E.ON Ruhrgas Transport AG & Co. KG.
[edit] Management
The Managing Director of Nord Stream AG is Matthias Warnig, former Chairman of the Board of Directors of Dresdner Bank ZAO, Dresdner Bank Russian subsidiary. Sergey Serdyukov from Gazprom serves as director for Technology, Paul Corcoran from Wintershall is director for Finance, and Henning Kothe from E.ON is director for Commercial Operations. The manager of Nord Stream AG's Moscow office is Vitaly Yusufov from Gazprom.
