Three energy traders who were awarded bonuses in the three-digit million range are suing Energi Danmark to have the money paid out. This is according to the business media Finans, which has received confirmation from the three energy traders' lawyer, Frederik Brocks. However, he has not wished to comment on the matter further.
In March, Jyllands-Posten was able to reveal that the three energy traders in Energi Danmark had earned three-digit million bonuses totaling over half a billion.
At the beginning of April, Energi Danmark terminated the three energy traders. This was justified, among other things, by "a serious breach of trust in the form of a number of collective, disloyal acts".
According to the energy trading company, emails and documents that can shed light on the circumstances surrounding the bonus agreement from the summer of 2021, when it was concluded, have been deleted. According to Energi Danmark, this must have happened systematically.
- The three employees' bonus agreements without a ceiling are invalid, and Energi Danmark naturally maintains this point of view if there should be legal repercussions, the chairman and vice chairman said in a press release.
Have attempted to reach an agreement
The same press release also stated that the agreement was concluded with the company's former CEO and under collective pressure and coercion from the employees.
The size of the bonuses depends on the energy market. And with rising energy prices, the industry has earned more than it usually does. That is why the bonuses during the energy crisis have become very high. According to Energi Danmark, attempts have been made through dialogue to reach an agreement with the energy traders. But it has failed.
Frederik Brocks also expressed to Finans in March that the energy traders were prepared for a settlement if a "reasonable solution" could be found.
- So far, the "offer" they (the energy traders, ed.) have been offered is a consolation prize, he said.
/ritzau/
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