Growing quietly

Germany

As the German energy market develops and the number of financial trades increases, large end-users are finding themselves on the threshold of a potentially money-saving idea: risk management.

For many energy-intensive businesses, risk management is an alien concept, but David Shaw, a principal at management consultants AT Kearney in London, is among those looking to change all that. “Many large industrial companies and municipalities have previously thought of trading as some new thing to be

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