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Major food company in France reduces production by 80 PERCENT: Energy costs just too high to stay in business – Investment Watch

Major food company in France reduces production by 80 PERCENT: Energy costs just too high to stay in business – Investment Watch
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Major food company in France reduces production by 80 PERCENT: Energy costs just too high to stay in business

Half of the food production plants owned and operated by Cofigeo, a large French food conglomerate, have shut down as the company says its energy costs are just too high to stay in full [.]

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Major French Food Producer Shuts Down Production Over Energy Costs

Cofigeo, a group which owns several food companies in France, has shut down four of its eight factories over energy costs.

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Cofigeo to pause output at French sites amid energy-cost pressure

Cofigeo, the France-based food manufacturer, will halt production at half its factories next month, amid pressure on energy costs.

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