Industry Minister Jozef Síkela energy crisis Industry Inflation manufacturing Commentary czech republic

Entire industries may disappear in Europe and the Czech Republic

Businesses from within the European Union will soon be beaten by non-European competition with access to cheaper energy. The more energy-intensive the production and the more commoditized the product, the stronger this effect. Europe is, thus, threatened with the extinction of entire industries. Chemical production, plastics, metallurgical and steel industries, glass, porcelain production, and many […]
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