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Wintershall is the largest German gas and oil company.

 
 
 
 
 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Germany
Energy, Oil & Gas

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
1456
Staff
220
Glob.Revenue, mln.USD
4328

The Wintershall Dea Supervisory Board approved a principle decision by the Management Board to exit Russia. As a consequence, Wintershall Dea intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations.

The Company Statement
January 17, 2023

Wintershall Dea will exit Russia: Wintershall Dea to deconsolidate Russian segment from financial reporting and to record one-off non-cash charge of €5.3 billion in the fourth quarter relating to the deconsolidation as well as other Russia-related impairments. Significant financial flexibility maintained. Wintershall Dea Joint Ventures in Russia economically expropriated. Wintershall Dea intends to fully exit Russia in an orderly manner complying with all applicable legal obligations.

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Statements Archive
January 26, 2023Ukrainian group demands full investigation on war crimes, after Spiegel/ZDF expose German government’s greenlighting of investment in Russia
January 17, 2023Gazprom's largest European partner is leaving Russia, recording a loss of more than 5 billion euros
December 22, 2022Putin banned Gazprom from buying gas from a joint venture with Wintershall Dea and OMV at a higher price than the regulated price
January 17, 2023Wintershall Dea announced its intention to leave the Russian Federation after the introduction of regulation on the products of the joint venture
November 04, 2022A German Company's Questionable Involvement in Russia
December 23, 2022Gazprom's Trojan horse in the EU. How the German oil and gas giant Wintershall became a victim of the Russians
June 16, 2022BASF subsidiary profits from Germany’s Russian gas addiction
December 22, 2022Gazprom banned purchases from a joint venture with Wintershall and OMV at a price above the limit
April 02, 2022Wintershall Dea writes off financing of Nord Stream 2
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