Electricity and energy prices set new records almost every day. Some companies are already throttling production – also in Austria. “It doesn’t make sense,” says an industry representative. “It’s really scary”, another.
The energy crisis in Europe is worsening day by day and is pushing the manufacturing industry to its limits. Because electricity and gas prices hit new records almost every day , some energy-intensive companies have already been forced to shut down production The only hope is that Russia announced an increase in gas supplies on Wednesday afternoon will ease the gas price somewhat.
Meanwhile, winter is approaching, and with it the heating season. This will further increase the pressure and force more managers in the industry to make difficult decisions. What those affected are already reporting does not suggest anything good.
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