The turnover of these companies is already suffering the consequences of the increase in the costs of raw materials, supplies and energy. Employers ask for mechanisms to reduce the working day or temporarily suspend work contracts.
The war in Ukraine and the economic sanctions imposed on Russia already affect 62.5% of companies in Gipuzkoaaccording to an emergency survey conducted by adegi. The main problem is the rising costs of energy, supplies and raw materialsbut they also report complications in logistics.
15% of the companies surveyed by Adegi have commercial relations with Russia and/or Ukraine, a higher percentage among industrial companies. In machinery and equipment, for example, they are 47%. In the services sector, however, the percentage is only 8%.
For a quarter of the affected companies, these business relationships represent a high turnover, which is already being compromised. 86% report increased costs for supplies and raw materials, and a third say they have problems with logistics.
Gipuzkoan businessmen ask that they be activated mechanisms to reduce the working day or temporarily suspend employment contractsand “rapidly shock measures” are adopted.
“The rise in raw materials is becoming unbearable”
61.5% of the companies that have commercial relations with Russia and/or Ukraine are going to interrupt them “due to a unilateral decision”. In the anonymous comments of the companies collected by Adegi, a company points out that it is going to stop the commercial activity of new orders in Russia “because solidarity with the international boycott movementwhile in Ukraine we stopped shipments due to logistics problems”.
“A Swiss company I work with has canceled a service for me out of concern and cuts that they are going to make, since they have been left without supplying a machine worth one million euros to Russia. A special machine that they now see as difficult to place in another client”, relates another company.
Other companies mention the inability to export machinery to Russia “because of the embargo” and to Ukraine “because of the war situation they are in.”
“The situation of increases in raw materials added to that of supplies is becoming almost unbearable. We need the institutions to get down to work to cushion this impact,” complains another company.
Source: Eitb
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