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๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark /Economy & Trade

Controversial energy companies Velkommen A/S and others declared bankrupt

From DR Nyheder · () Danish

Translated from Danish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Outcome reported
  • Velkommen A/S and related companies B.energy and Vedvarende have been declared bankrupt by the Maritime and Commercial Court.
  • The Velkommen group faced heavy criticism for overcharging customers and failing to issue refunds.
  • Thousands of customers were transferred from the struggling Velkommen group to Energidrift last month without their consent.

The Danish energy and gas company Velkommen A/S, along with its associated firms B.energy and Vedvarende, has been declared bankrupt. The Maritime and Commercial Court confirmed the insolvency of these entities, which are part of the larger Velkommen group comprising four energy and gas companies.

In recent months, the Velkommen group faced intense public scrutiny and criticism. Accusations included overcharging customers for advance payments (aconto) and a failure to reimburse customers as required. The situation escalated last month when thousands of customers were abruptly transferred from the troubled Velkommen group to Energidrift, a move reportedly made without the customers' explicit consent.

The bankruptcy marks a significant downturn for the group, leaving many customers in uncertainty. The controversy surrounding the company's practices, including the forced customer transfers, has highlighted issues within the energy market and customer protection.

DistantNews Editorial

Originally published by DR Nyheder in Danish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.