Latest Breaking News On - Ankara skyrocketing energy prices have forced many dutch factories to shut down - Page 1 : comparemela.com

ANKARA - Skyrocketing energy prices have forced many Dutch factories to shut down, local media reported on Saturday. Ever-increasing energy prices hit hard particularly the energy-intensive sectors such as the metal industry, according to the NU news website. Speaking to the website, economists warned that companies in the chemical, paper, and food industries are also likely to be affected by the soaring energy prices and thus might have to scale down or completely shut down their operations. Lize Nauta of Rabobank noted that the companies will be less successful in the near future and pass the increasing energy cost to the customers who themselves will be less willing to pay more for the same product. "We expect energy prices to remain high for a long time to come. It is expected that some companies will therefore also look at other ways of producing. For example, by using green electricity instead of gas, if possible," she said. Albert Jan Swart of the ABN AMBRO said that t

Turkey generalAlbert jan swartJan swartAnkara skyrocketing energy prices have forced many dutch factories to shut downOcal media reported on saturday ever increasing energy prices hit hard particularly the intensive sectors such as metal industryCcording to the nu news website speakingConomists warned that companies in the chemicalNd food industries are also likely to be affected by the soaring energy prices and thus might have scale down or completely shut their operations lize nauta of rabobank noted that companies will less successful in near future pass increasing cost customers who themselves willing pay more for same product quot we expect remain high fora long time come it is expected some therefore look at other ways producing exampleY using green electricity instead of gasOf possibleUot she said albert jan swart of the abn ambro that there is no alternative for some goods such as basic foodstuffs which have to be bought matter how much expensive they could anadolu