The operator of Nord Stream 2 AG, a major gas pipeline connecting Russia with Germany, has laid off more than 100 workers and wound down its operations, according to a Swiss official.

Nord Stream 2 has massive payment difficulties due to the sanctions imposed in the wake of Russia’s invasion of Ukraine, and has dismissed all of its 106 employees, said Silvia Thalmann-Gut, a senior executive in the local government of a Swiss region, on Tuesday.

This post first appeared on wsj.com

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