Germany guarantees 1,200 jobs at Brandenburg oil refinery through year-end

The German federal government has issued an employment guarantee for 1,200 workers at the PCK oil refinery in Schwedt, Brandenburg, through the end of 2024, according to Economy Minister Peter Reiche.

The move addresses concerns over operations at the facility, which has faced disruption following sanctions and geopolitical shifts in Europe's energy supply chain. The guarantee provides temporary job security for the refinery workforce.