Double energy prices will drive half of Slovak businesses into the red

Euractiv | Sep 5, 2022 at 8:47 AM
  • If energy prices rise by half, the share of loss-making Slovak companies will to rise to 41% from 28%.
  • Energy-intensive companies are those whose energy costs account for at least 15% of their total costs, representing 5% of Slovak companies.
  • Authors suggest that companies won’t be able to compensate for the high energy prices in the other areas and will have to translate them into price-making for their customers.