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Germany extends job security for PCK refinery until end of June 2026

ReutersDec 23, 2025 11:13 AM

- The German government has extended job security for workers at the PCK Schwedt oil refinery until the end of June next year, the economy and finance ministries said on Tuesday.

While remaining the legal owner, Russian oil company Rosneft ROSN.MM was stripped of control of the refinery after Berlin seized the entities following Russia's full-scale invasion of Ukraine in 2022.

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