GAZPROM Energy is planning to rebrand its
The company is a disowned subsidiary of the larger Kremlinbacked energy giant.
It is considering changing its name to
Currently, the
The government had been weighing up whether to place Gazprom Energy into special administration in the case of collapse earlier this year.
It estimated that supporting its 30,000 corporate clients could have cost the taxpayer £4bn.
The
While it avoided specific sanctions, multiple clients exited the business, shying away from new contracts with the supplier.
However, the group has since been given a reprieve after the German government took control of its parent company
(c) 2022 City A.M., source