Offshore

Oil company presents growth plan, aims to fire every fourth employee

The merger of Wintershall and DEA will provide at least EUR 200 million in synergies and will cut around 1,000 positions in Northern Europe.
Photo: Wintershall
Photo: Wintershall
by MAZ PLECHINGER

The planned merger between German oil companies Wintershall and DEA is moving forward. In a press statement, the former informs that it has applied for all regulatory approvals and aims to close the deal during the first three months of this year.

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