Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Rising Cost of Energy Force Dozens of French Factories to Close


Sat 28 Jan 2023 | 07:10 PM
Ahmed Moamar

The energy crisis afflicting Europe caused the complete closure of dozens of factories in France, and the suspension of activity in other factories, due to the huge rise in gas and electricity prices, which have doubled several times.

The most prominent of these factories is “Coffijo” for food products, and the “Doralex” factory for glass industries, which suffered from the high cost of energy consumption required to melt the glass before pouring it into ready-made molds to make pots, which is the most famous product of this brand.

Luis Lacuna, director of the Duralex factory, said: "The spectre of closure is threatening the auto industry, which has been affected by inflation, weak sales, lack of spare parts, and the trend towards electric cars, in addition to the energy crisis, which led to louder voices of unions calling for worker protection."

In turn, Fabrice Codor, a spokesman for the Energy Sector Trade Union, said: “The French government has allocated 24 billion euros in 2022 and 45 billion in 2023 to protect the consumer in France from rising energy prices.

He added these measures apply to families, not to factories and companies that suffer from a double increase.”