Vattenfall makes substantial impairments and divides the company
Vattenfall splits up its organisation into a Nordic unit and a continental European unit. This is one of several measures taken in response to developments in the European energy market. Vattenfall is also writing down SEK 29.7 billion of the value of the company’s assets as a consequence of market development and higher business risks.Vattenfall is changing its organisational structure to achieve greater financial and strategic flexibility. As of 1 January 2014, the Group’s operations will be split up into two regional units: Nordic and Continental Europe/UK. The background to the changes