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Factories closing in France: 150 thousand companies under threat

The French newspaper Le Monde wrote that in the face of rising energy prices in the country, factories could not stand and had to stop production.

Factories closing in France: 150 thousand companies under threat

In the news titled "Energy prices are rising, factories are closing" in the newspaper, it was stated that many small and medium-sized companies limited their production and sometimes even stopped them completely, and it was predicted that the situation would worsen gradually.

In the news, it was pointed out that the energy saving measures and efforts announced by the government were inconclusive as the factories stopped their production by throwing the towel in the face of rising energy prices.

Reminding that French glass giant Duralex will not be producing for 5 months, the news pointed out that steelmaker LME will stop production in its northern factories as of 31 December, ArcelorMittal slowed production and Arc France's production was halved.

The list is getting longer

In the news, it was emphasized that the list of companies that closed and limited production was getting longer.

In the news that the casting company of the Le Bronze-Alloys group in Custines, near Nancy, announced its decision to close on September 16, the news said, "In addition, the steel, glass, metal industry and tens of thousands of small and large-scale companies that need intense energy consumption are threatened with closure." expression was used.

In the news, it was stated that 42 percent of the 22 thousand members of the French Federation of Entrepreneurs and Entrepreneurs (FEEF) expect their year-end earnings to decrease by more than 30 percent, and based on the surveys conducted by the General Confederation of Small and Medium Enterprises among its members, it is estimated that 150,000 companies are under threat. transferred.

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