A wave of bankruptcies ahead of us? The anti-inflationary shield does not include companies

2022-01-13 07:09

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2022-01-13 07:09

A wave of bankruptcies ahead of us?  The anti-inflationary shield does not include companies
A wave of bankruptcies ahead of us?  The anti-inflationary shield does not include companies
photo: Daniel Dmitriew / / FORUM

The government does not offer an anti-inflationary shield for companies, everyone will suffer, the most will be the gastronomy – estimates Rzeczpospolita on Thursday.

Rzeczpospolita reports that “according to the latest PGNiG price lists, business has to pay PLN 798 (per MWh) for gas, which is 480 percent more than a year ago”. “Electricity is getting more expensive, about 100-200 percent, but companies still have to deal with a real price shock” – indicated.

“And this is not the end of the rising costs of their operations” – emphasizes Łukasz Bernatowicz, vice president of the Business Center Club. “We must also add the growing tax and contribution burdens that are imposed on the business of the Polish Order, high prices of materials and raw materials, pressure on wage increases, which means higher wages and salaries, etc. It will be a difficult year for entrepreneurs” – says Bernatowicz.

Rzeczpospolita writes that “government bills under the 2.0 anti-inflationary shield, which were submitted to the Sejm on Wednesday, do not contain any protective solutions for business.”

“Companies have no choice but to take into account the rising costs of energy carriers in the prices of their products and services,” said Wojciech Warski, vice-president of Employers of Poland.

As it was written, “it means that the price tag which Poles are already experiencing does not have to fade away.” “Even lowering VAT rates on food to zero (from 5%) in stores may be less felt than you might expect” – emphasized in the article.

“The prices of some products on the shelves may rise at a lower pace. Considering the costs of production, as well as raw materials and materials, consumers should not count on reductions in selected prices of food products” – says Marek Moczulski, president of Unitop, a confectionery producer.

Rzeczpospolita writes that increases in energy and gas prices are hitting everyone, but one of the first victims may be gastronomy, which has not recovered after months of the lockdown. “Gastronomy, hospitality and tourism are the industries most affected by the pandemic, and politicians are unable to offer any sensible solution,” said Jacek Czauderna, president of the Polish Gastronomy Chamber of Commerce.

“Experts indicate that these sectors, and for example bakeries, are also the most threatened by a wave of bankruptcies due to the energy price shock. For many, the activity will no longer be profitable” – Rzeczpospolita reads.

ksi / lena /

Source:PAP

About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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