Petroswede Bankruptcy Inflicts Heavy Losses on Deutsche Bank and Owner Mohammed Al-Amoudi
The bankruptcy of Petroswede, owned by Mohammed Al-Amoudi, leads to losses of up to 3 billion kronor and significant financial consequences for Deutsche Bank.
Key details
- Petroswede, owned by Mohammed Al-Amoudi, has gone bankrupt.
- Losses from the bankruptcy are estimated up to 3 billion kronor.
- Deutsche Bank faces significant financial consequences despite an upcoming billion-kronor dividend.
- Mohammed Al-Amoudi is unlikely to receive any compensation from the bankruptcy.
Swedish oil company Petroswede, owned by billionaire Mohammed Al-Amoudi, has declared bankruptcy, resulting in significant financial losses estimated at up to 3 billion kronor. Despite the gravity of the bankruptcy, reports indicate that Al-Amoudi is unlikely to receive any compensation from the proceedings. The fallout also heavily impacts Deutsche Bank, which is expected to suffer a considerable financial blow although it anticipates a dividend payout in the billion-kronor range. This development marks a major financial setback within the Swedish oil sector connected to one of its prominent industry figures, highlighting the broader implications for involved financial institutions such as Deutsche Bank.
Source articles (2)
-
di.se Dec 14, 2025
Jättekonkursen växer – miljardären får inte en krona
-
Jätten storinvesterar i Skåne – flera hundra nya jobb