Finance

Ex-Thyssenkrupp exec named managing director for Rosneft's German operations

Published by Global Banking & Finance Review

Posted on January 6, 2026

2 min read

· Last updated: January 20, 2026

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Ex-Thyssenkrupp exec named managing director for Rosneft's German operations
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BERLIN/FRANKFURT, Jan 6 (Reuters) - Germany's energy regulator on Tuesday said it has appointed Andreas Goss as the second managing director of Rosneft's German operations, which it controls under a

Ex-Thyssenkrupp Exec Joins Rosneft's German Leadership

BERLIN/FRANKFURT, Jan 6 (Reuters) - Germany's energy regulator on Tuesday said it has appointed Andreas Goss as the second managing director of Rosneft's German operations, which it controls under a trusteeship set up in 2022 in the wake of Europe's energy crisis.

Goss, who was CEO of Thyssenkrupp's steelmaking division until 2019, will serve as the finance chief of Rosneft's German division alongside CEO Johannes Bremer, the regulator, Bundesnetzagentur, said in a statement.

"He has more than three decades of comprehensive international management and financial expertise, which he has acquired in large global corporations and in challenging transformation and restructuring situations," it said.

Under Goss' leadership, Thyssenkrupp Steel Europe came close to forming a European joint venture with Tata Steel, a planned landmark deal that collapsed in 2019 after Brussels vetoed the transaction.

Before his time at Thyssenkrupp, Goss held various management roles at Siemens AG.

"He also has extensive industry knowledge in the field of oil and gas supply through various supervisory board mandates," the regulator said.

Subsidiaries of Russian oil company Rosneft affected by the appointment are Rosneft Deutschland and RN Refining & Marketing, which include stakes in the Schwedt, MiRo and Bayernoil refineries.

While remaining the legal owner, Rosneft was stripped of control of its German assets following Russia's full-scale invasion of Ukraine in 2022 via a so-called trusteeship that has since been extended six times.

Sources told Reuters in October that U.S. sanctions on Rosneft rekindled discussions in Germany about nationalising the company's business there.

(Reporting by Thomas Seythal and Christoph Steitz; Editing by Miranda Murray, Kirsten Donovan)

Key Takeaways

  • Andreas Goss appointed as managing director for Rosneft's German operations.
  • Goss brings over 30 years of international management experience.
  • Rosneft's German assets are under trusteeship due to geopolitical tensions.
  • Goss previously held leadership roles at Thyssenkrupp and Siemens.
  • Discussions on nationalising Rosneft's German assets are ongoing.

Frequently Asked Questions

What is a managing director?
A managing director is a senior executive responsible for the daily operations of a company, overseeing its overall business strategy and ensuring that the company meets its objectives.
What is a joint venture?
A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing profits and risks.
What are subsidiaries?
Subsidiaries are companies that are controlled by another company, known as the parent company. They operate independently but are financially linked to the parent.

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