Mastering the challenges of energy costs in Europe

The energy crisis has been challenging for industrials, especially those already facing supply chain disruptions and lower demand. Although energy prices have recovered after the peak in 2022, wholesale gas prices are still above pre-crisis levels. Increased energy prices and market volatility not only reduce profits but also pose a risk of deferring investments. While most firms have responded with short-term levers, substantial levers have remained untouched.

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How industrial companies survive the deindustrialization in Europe

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