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Because of high energy prices: 300 French companies may not survive the winter

Because of high energy prices
300 French companies may not survive winter

About 300 French companies may not survive the winter due to high energy prices.

“It’s mainly companies that need a lot of energy and couldn’t renegotiate their contracts,” Industry Minister Roland Lescure told Sud Radio on Tuesday. As an example, he cited the traditional glassware manufacturer Duralex, which plans to switch off its furnaces for four months from November and send its employees on short-time work.

The minister pointed out that the government had set up an aid fund. “We are in the process of simplifying access and extending it for next year,” he said. At first it was not clear how many jobs could be at risk in the affected companies.

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